Economy

Warm weather fails to boost footfall in May

Retail footfall across the UK declined by 1.7% compared with May 2024, spelling a sharp drop from the 7.2% rise…

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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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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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De Beers and Botswana secure rough diamond sales agreement

The Government of the Republic of Botswana (GRB) and De Beers Group have agreed a deal establishing a new sales…

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Value of diamonds has plummeted in past 2 years, warns 77 Diamonds

Both natural and lab grown diamonds have seen a significant reduction in value, according to online jeweller 77 Diamonds. Over…

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BRC warns of ‘spending squeeze’ in January

The British Retail Consortium has warned of a January spending squeeze, as BRC-Opinium data between 10 and 13 December showed…

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UKJSAC advises on government’s Industrial Strategy Consultation

The UK Jewellery, Silverware, and Allied Crafts (UKJSAC) Roundtable has shared its insights with the Department for Business and Trade…

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Bulgari UK falls to £3.2m loss

Bulgari UK has revealed that it posted a loss of £3.2m for the year ended 31 December 2023 a 193%…

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UK gold investors ‘buy the dip’ amid global markets’ latest storm

Bullion trading via The Royal Mint’s website trebled (336%) after global financial markets plummeted on Monday (5 August 2024), the…

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