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.
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Mar- 2014 -11 MarchEconomy
Three-month retail sales growth ‘in line’ at 2.8%, says BRC
The three-month average growth in retail sales to the end of February was 2.8 per cent, according to the latest figures from the British Retail Consortium (BRC). These figures mean the three-month period was in line with the 12-month trend, which now sits at 2.7 per cent growth. However, on…
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6 MarchEvents
Birmingham council to sell NEC for ยฃ1bn
The venue for Jewellery & Watch Birmingham, the NEC, has announced that its owners Birmingham City Council are planning to sell the entire complex for around ยฃ1bn. Birmingham’s council has been at the centre of a lengthy dispute over equal pay. ย The legal bill and the money needed to settle…
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Feb- 2014 -14 FebruaryCurrent Affairs
Birmingham Jewellery Quarter reaches another milestone in quest for ยฃ2m investment
Birminghamโs largest business improvement district (BID) has this week been successful in the first round of seeking a potential award of ยฃ2 million Townscape Heritage Grant, to be invested in the Jewellery Quarter. The grant, which assists communities in the regeneration of conservation areas and isย awarded by the Heritage Lottery…
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6 FebruaryEconomy
Scotlandโs Trade Fair visitor numbers up by 15%
The organisers of Scotlandโs Trade Fair have announced the show enjoyed a rise in visitor numbers of nearly 15 per cent, and with high quality buyers in attendance, exhibitors reported a healthy number of enquiries. Over the three-day period in January, 4000 buyers attended the show, up almost 500 from…
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Oct- 2013 -23 OctoberEvents
London Jewellery School wins HP award
The London Jewellery School has been awarded The Skills Creation award at the HP Smart Business Awards 2013. In their second year, the awards promote the achievements of the UKโs small and medium sized enterprises (SME) by celebrating contributions to the UK economy. The London Jewellery School was presented with…
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Jun- 2013 -20 JuneRetailers
Retail sales show promising increase for May
The Office for National Statistics (ONS) has released figures showing a 1.9 per cent year-on-year increase in sales in the retail sector for May โ the highest level on record since 2003.
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Mar- 2013 -19 MarchCurrent Affairs
Business confidence in local councils low, research suggests
Small firms are finding it difficult to get enthused by the Local Government Finance Act because of doubts surrounding the benefits supplementary business rate redistribution will provide, research has suggested.
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Feb- 2013 -27 FebruaryEconomy
Retail sales growth continues but momentum slows
Retailers reported a year-on-year growth in sales volumes in the first half of February, the CBI has revealed.
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26 FebruaryRetailers
One of the UKโs oldest jewellers put up for sale
One of the oldest jewellers in the country has been put up for sale by administrators appointed to the business last week.
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19 FebruaryEconomy
Retail business running costs up ยฃ20bn since 2006
A British Retail Consortium (BRC) commissioned study by Oxford Economics has revealed that retailersโ operating costs have increased by a fifth since 2006.
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