KPMG
KPMG is a global professional services firm whose insights into financial, operational, and regulatory trends are highly relevant to the UK jewellery trade. Serving jewellers, suppliers, manufacturers, and retailers, its jewellery sector research, risk analysis, and advisory work inform strategic planning—from market expansion and digital transformation to cost control and ESG compliance. Jewellery Focus leverages KPMG’s data‑driven reports, case studies, and expert commentary to offer trade professionals actionable intelligence on financial performance benchmarks, Brexit and trade impacts, tax optimisation, and corporate governance. Our coverage helps businesses make informed decisions and maintain resilience in a competitive marketplace.
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May- 2021 -27 MayTrade Organisations
Goldsmiths’ Company names Dame Lynne Brindley as prime warden
The Goldsmiths’ Company has announced that Dame Lynne Brindley will succeed Richard Fox as prime warden. In the role, Brindley will be responsible for improving access to the company’s collection and archives through digital strategy, addressing equality, diversity, and inclusion, and inspiring future generations into a career in the industry.…
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Sep- 2020 -8 SeptemberEconomy
UK retail sales increase by 4.7% in August
UK retail sales in August have increased by 4.7% on a like-for-like basis from August 2019, according to figures released in BRC-KPMG’s Retail Sales Monitor report for the month. Overall sales increased by 3.9% in the period, in comparison to a decline of 0.4% in August 2019. This is above…
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Aug- 2020 -11 AugustCoronavirus
Retail sales rise for second month in a row
Total sales increased by 3.2% in July, against an increase of 0.5% in July 2019, marking the second consecutive month of growth since the start of the pandemic. According to the latest BRC-KPMG retail sales monitor, UK retail sales increased by 4.3% in the month against the year prior, following…
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Jul- 2020 -14 JulyEconomy
June retail sales show signs of recovery
Retail sales increased by 3.4% in June, against a decrease of 1.6% in June 2019, marking the first signs of growth registered since the UK lockdown began. This is according to the latest BRC–KPMG retail sales monitor, which found that the increase in retail sales to be above the three-month average decline of…
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Jun- 2020 -12 JuneCurrent Affairs
UK GDP slumps over 20% in April as full impact of Covid-19 is felt
GDP slumped by 20.4% in April 2020, following a fall of 5.8% in March, according to the latest figures from the Office for National Statistics (ONS). It is the biggest monthly fall since the ONS’ series began in 1997, with the measure also falling by 10.4% in the three months…
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10 JuneCoronavirus
UK GDP expected to decline 7.2% in 2020 amid ongoing pandemic
The continuing impact of the Covid-19 virus is expected to see the UK economy contract by 7.2% in 2020, with the economy unlikely to be able to fully restart until a vaccine or effective treatments for the virus are available. This is according to KPMG UK’s latest quarterly Economic Outlook, which considered…
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May- 2020 -13 MayRetailers
UK economy shrinks by 2% as pandemic takes its toll
The UK’s economy shrank by 2% in the three months to 31 March 2020, as a result of the Covid-19 pandemic. This is according to new data from the Office for National Statistics (ONS), which also found that gross domestic product (GDP) fell by 5.8% during March, the largest fall…
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Jan- 2020 -10 JanuaryEconomy
‘Worst year on record’ for retail, says BRC
Total retail sales decreased by 0.1% in 2019, compared with the 1.2% increase recorded in 2018, making it the “worst year on record” for retail according to the BRC. Helen Dickinson, CEO of the BRC, said this was reflected in the CVAs, shop closures and job losses that the industry…
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Aug- 2019 -8 AugustEconomy
July consumer spending hits record low
UK consumer spending in the month of July fell to a record low despite the good weather, according to the latest statistics from the British Retail Consortium (BRC) and KPMG. On a total basis, sales increased by 0.3% in July, against an increase of 1.6% the previous year, it is…
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Jul- 2019 -22 JulyRetailers
Number of insolvencies fall over second quarter
The number of insolvencies in the UK has fallen by 14% for the second quarter of this year. The study compiled by ‘Big Four’ firm KPMG found that 310 companies filed for administration between April and June, a fall of 14% compared with the first quarter. The results are on…
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