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Economy

The economy has a direct influence on the UK jewellery trade, affecting consumer spending, material costs, and business confidence across the sector. For jewellers, manufacturers, and suppliers, staying informed on economic trends is vital to planning and resilience. Jewellery Focus provides expert coverage of economic developments impacting the trade, including inflation, interest rates, consumer confidence, and supply chain challenges. Our reporting helps jewellery professionals understand the wider market forces shaping their business environment.

  • Aug- 2015 -
    17 August
    Q&A Sessions
    INTERVIEW: Scott Thompson, Carat*

    INTERVIEW: Scott Thompson, Carat*

    Luxury fashion jewellery brand Carat* spent the latter half of 2014 expanding its footprint both in the UK and overseas. MICHAEL NORTHCOTT caught up with founder and CEO, Scottย Thompson. Give us a 60-second roundup of whatโ€™s been going on in the last 12 months Weโ€™ve expanded our footprint in Hong…

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  • 13 August
    EconomyUK gold demand grows 6% while Asia’s appetite declines

    UK gold demand grows 6% while Asia’s appetite declines

    Global gold demand fell by 12% in the second quarter of 2015 compared with the same period last year, according to the World Gold Council’s (WGC) Gold Demand Trends Report. But demand in Europe and the US grew, driven by a mixture of increasingly confident jewellery buyers and strong demand…

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  • 5 August
    Current AffairsMinisters launch consultation on Sunday Trading hours

    Ministers launch consultation on Sunday Trading hours

    The power to extend Sunday trading hours for high street shops could be devolved to local authorities, according to plans proposed by ministers today.ย  Under the plans, local councils will be given the power to extend Sunday trading hours within their geographical area, or specific parts of their geography where…

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  • 3 August
    Eventsโ€˜Heritage Walksโ€™ to launch in Birmingham Jewellery Quarter

    โ€˜Heritage Walksโ€™ to launch in Birmingham Jewellery Quarter

    The Birmingham Museum Trust has announced that it will launch a series of heritage walks allowing visitors to understand the history of the cityโ€™s famous jewellery quarter.ย  The Jewellery Quarter Heritage Walks will allow visitors to explore the themes, people and places that once helped to make the area the…

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  • Jul- 2015 -
    1 July
    Current AffairsCreative industry employment jumps 15.8%

    Creative industry employment jumps 15.8%

    Employment in the UK creative industries has jumped 15.8% since 2011 with 1.8 million jobs now in the sector, according to a new report.ย  According to figures released by the Department of Culture, Media and Sport (DCMS) the number of jobs within the creative industries increased by 5.5% compared to…

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  • Jun- 2015 -
    30 June
    EconomyConsumer confidence at highest level for 15 years

    Consumer confidence at highest level for 15 years

    Consumer confidence is at its highest level since the late 1990s, according to new figures from GFK.ย  Following a fall in consumer confidence in May, the research firmโ€™s latest Consumer Confidence Barometer increased six points to 7 in June, with all five measures used to calculate the index reporting increases.…

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  • May- 2015 -
    19 May
    Economy‘Retailer resurgence’ continues through April

    ‘Retailer resurgence’ continues through April

    Retail footfall across the UK has continued its recent resurgence with Easter fortnight bringing shoppers to the high street in force compared to 2014. Ipsos Retail Performance, the global retail and footfall consultant compiles the Retail Traffic Index (RTI), which is derived from the number of individual shoppers entering over…

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  • 12 May
    EconomyRetail sales damaged by early Easter

    Retail sales damaged by early Easter

    Retail sales fell in April as an early Easter โ€œpulledโ€ sales into March and impacted results, according to new figures released today.ย  This is according to the monthly British Retail Consortium (BRC) and KPMG Retail Sales Monitor which found like-for-like sales decreased by 2.4% compared with April last year, when…

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  • 5 May
    EventsWatchfinder founders shortlisted for entrepreneur of the year award

    Watchfinder founders shortlisted for entrepreneur of the year award

    Co-founders of watch etailer Watchfinder, Stuart Hennell and Lloyd Amsdon, have been shortlisted for the Ernst & Young Entrepreneur of the Year Award 2015 regional finalists.ย  The brand is just one of 34 companies to be shortlisted after months of interviews and detailed financial and internal structure auditing, for its…

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  • Apr- 2015 -
    27 April
    EventsMarket Cross jewellers lands business award

    Market Cross jewellers lands business award

    A north-east jewellery chain has been awarded a โ€˜special recognitionโ€™ from Middlesbrough Mayor Ray Mallon.ย  The owners and staff of Market Cross Jewellers were presented with the โ€˜Borough Awardโ€™ at a ceremony in the Town Hall on April 16, which celebrated the โ€œcontribution of the jewellers to the town centre,…

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