Month: April 2020

Vicar of Dibley pendant goes to auction

A cross pendant that featured in BBC comedy The Vicar of Dibley will be auctioned at Fellows Auctioneers.  The 18ct gold ‘Heera’ diamond cross pendant was created in conjunction with the National Osteoporosis Society (NOS) and designed by actress Dawn French.  The pendant has an estimated price between £500 and…

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Have your say: Baselworld lays out refund policy

Baselworld has announced it is planning to withhold exhibitor’s fees for the cancelled 2020 show and instead shift them to the event the following year.  MCH Group, which organised the event, said it would now carry forward 85% of the fees to Baselworld 2021, with the remaining 15% used to…

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Average UK SME does not have enough cash to cover debts due in 2021, says UHY

The average UK SME does not have enough cash to cover debts due in the next year, according to new research from accountancy firm UHY Hacker Young. The firm’s analysis of the balance sheets of more than 13,500 SMEs in the UK showed that the average SME now has only…

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De Beers contributes £2m to Botswana and Namibia

De Beers Group has announced that it will contribute $2.5m (£2m) across Botswana and Namibia to aid the response to the ongoing coronavirus pandemic in these countries. The jewellery group said it is a “50/50 joint venture” partner with both Botswana and Namibia in the recovery and sorting of rough…

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CMJ takes ‘unprecedented steps’ to support members 

The Company of Master Jewellers (CMJ) announced that it is bringing forward its retrospective rebate payment to members in its latest efforts to provide support amid the pandemic. Retailer members of the association will now receive their retrospective rebate today (7 April), three months earlier than normal. The CMJ has…

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Theo Fennell launches online auction for charity

Theo Fennell has announced that it is hosting a seven day silent auction on its website, with a percentage of proceeds going towards the Kensington and Chelsea Foundation’s Covid 19 Appeal. The British fine jewellery and silverware brand said that the auction will feature five “one-of-a-kind” pieces, all of which…

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VAT Deferral – What if I can’t get to the office? – MHA MacIntyre Hudson comments

The VAT deferral scheme is automatic but this fact has lulled some businesses into thinking they don’t need to complete a VAT return. It’s easy to think this is no longer necessary, especially as the national shutdown means many businesses can’t physically get to their offices, or have furloughed the…

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De Beers Group CFO to depart in July

De Beers Group announced that its chief financial officer, Nimesh Patel, will leave the business at the end of July after four years with the company. Patel will now move from his position to join Spirax-Sarco Engineering as its new CFO and executive director. He joined Anglo American in 2012…

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Chancellor unveils new measures to SME loan scheme

Chancellor of the exchequer Rishi Sunak has unveiled a major overhaul to his previously announced SME loan scheme. Initially, the Coronavirus Business Interruption Loan Scheme (CBILS) was aimed at businesses unable to secure regular commercial financing as the virus took its toll on the UK’s economy. However, according to Sky…

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Chancellor set to announce overhaul to SME loan scheme

Chancellor Rishi Sunak is reportedly set to announce an overhaul to the SME loan scheme that will allow companies to access help quicker. According to Sky News, Sunak and members of the Treasury were reportedly in talks with major lenders, including Barclays, HSBC, Lloyds Banking Group and Royal Bank of…

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