Consumer Confidence

Consumer confidence hasn’t recovered since Brexit vote, Barclays finds

Consumer confidence reached its highest point in the past 10 years in September 2016, at 48%, just after the Brexit…

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UK sales increase 1.1% in March thanks to good weather boost

UK Total retail sales increased by 1.1% year on year in March, against a growth of 3.5% in March 2024,…

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De Beers launches DiamondProof in stores

De Beers has announced the launch of its diamond verification device, DiamondProof, in select retail stores. The device, which can…

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UK consumer confidence drops to new low in February

UK consumer confidence slipped to a new low of -37 in February, amid the worsening state of the economy. According…

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BoE cuts interest rates to 4.5%

The Bank of England (BoE) has voted to cut interest rates from 4.75% to 4.5%, the lowest level since June…

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BRC warns of 2025 falling sales volume despite December sales growth

The British Retail Consortium (BRC) has warned of possible falling sales volume in 2025 despite the modest increase in total…

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De Beers to provide country of origin data for its diamonds

De Beers Group has announced that it will provide data on country of origin for all De Beers-sourced rough diamonds…

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UK sales slightly increase by 0.7% in May

UK total retail sales increased by 0.7% year on year in May, against a growth of 3.9% in May 2023.…

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The NAJ launches Codes of Practice for whole UK industry

The National Association of Jewellers (NAJ) has announced that its Codes of Practice are now available to all jewellery businesses…

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Consumer confidence falls in February

UK consumer confidence dropped two points in February to -21, according to GfK’s long-running index. The survey revealed that four…

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