Insurance
Insurance is a critical consideration for the UK jewellery trade, covering everything from stock and premises protection to customer policies for high-value purchases. For retailers, manufacturers, and wholesalers, navigating insurance options and understanding risk management is essential to safeguard business operations and maintain consumer trust.
Jewellery Focus delivers comprehensive coverage on insurance matters affecting the industry, including regulatory updates, market trends in jewellery-specific policies, and insights from providers serving the trade. We also report on best practices and innovations helping businesses mitigate risk in a rapidly evolving market.
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Mar- 2020 -24 MarchAdvice
Coronavirus Job Retention Scheme – Advice for employers
The Job Retention Scheme is a huge incentive for companies to keep employees on payroll. To access the support companies need to classify employees as a furloughed worker, which means they should not undertake any work for the company while furloughed, including answering calls or emails. In exchange employers can claim a grant of…
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17 MarchEconomy
NAJ asks for ‘urgent action’ amid Covid-19 crisis
The UK jewellery industry has urged the government to take “urgent action” as the coronavirus crisis unfolds. The National Association of Jewellers (NAJ) has today sent an open letter to PM Boris Johnson calling for “further clarity and support” on key issues that may affect the industry amid the outbreak. …
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11 MarchBusiness Bites
ROUNDUP: Business rates holiday announced by chancellor Sunak
In his maiden budget, the new chancellor, Rishi Sunak, has announced a £30bn fiscal stimulus package to help combat the impact of coronavirus on the British economy including a one-year total suspension of business rates for small retail, leisure and hospitality businesses. Headline measures include: A £12bn plan to provide…
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Feb- 2020 -25 FebruaryBusiness Bites
Chlorinated chicken ain’t the way
The European Union will insist that the UK retains the current ban on chlorinated chicken as part of any free trade agreement that might be struck by the end of this year. It taps into one of the most symbolic arguments made during the last three years by those who…
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24 FebruaryBusiness Bites
Global stocks react badly to coronavirus update
It looks like efforts to contain the coronavirus outbreak have not been entirely successful, and stock markets around the world are now beginning to react more profoundly than before. The FTSE 100 was down almost 3.3% at the time of writing, from 7,403 points to 7,159. For those not familiar…
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19 FebruaryTips
3 Key Factors to Consider When Choosing Diamond Jewellery
There’s nothing more precious than investing in a piece of diamond jewellery. Wearing one during a special occasion gives you utter class, elegance, and sophistication. You can also add it up to your precious metal collection as a good investment. Most diamonds come with a certificate or appraisal of authenticity.…
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10 FebruaryNews
New membership organisation for valuers announced
A new and “fully independent” membership organisation for jewellery, watch and silver valuers has now launched. The Jewellery Valuers Association will focus on the training and professional development of jewellery valuers, and promote its members to the general public, insurance industry, government departments and the legal profession. Membership will be…
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Dec- 2019 -19 DecemberBusiness Bites
Airbnb is the latest ‘big tech’ monolith to run rings around our outdated legal apparatus
It may seem tangential to those who do not work in real estate, but there is a court case on the continent with major implications for the future of many sectors, which reached a critical phase yesterday. It is the case of Airbnb vs the French tourism association, in which…
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13 DecemberBusiness Bites
The election is over – time for the Tories to deliver for small businesses
It now looks as though political stasis and all the damage that does to business will be lifted in 2020. Boris Johnson’s victory in the election is the Tories’ strongest since the Thatcher era, and gives him great scope to implement bold policies. At this juncture it’s worth taking a…
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Sep- 2019 -20 SeptemberProduct Launches
Everledger launches new version of its blockchain platform
Everledger, the digital transparency company, has launched version 2.0 of its blockchain platform. The Everledger platform provides increasing levels of transparency across complex and regulated supply chains. Founded in 2015, Everledger creates solutions that harness the benefits of blockchain in tandem with other cutting edge technologies, such as AI and…
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