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Acquire ethically sourced gemstones for your business September 23, 2022 | Sponsored Looking for quality items for your jewellery business? London Diamond & Emerald Fine Jewellery could be for you. Hosting certified diamonds, emeralds, rubies, sapphires and coloured gemstones, London DE has been providing both business and retail markets with precious rocks and bespoke jewellery since 2013. The company specialises in Colombian emeralds and operates its subsidiary [...]
Pound crashes to fresh 37-year low against US dollar after Kwarteng tax bonfire September 23, 2022 The pound plunged to a new historic low against the US dollar in response to new chancellor Kwasi Kwarteng launching the biggest round of tax cuts since 1972 at today’s mini-budget. Sterling crashed over one per cent against the greenback to $1.1108, its lowest level in 37 years. The pound has been on a downward [...]
Wardrobe staples collection gives rapidly growing online fashion retailer In The Style another boost September 23, 2022 The successful launch of a wardrobe staples collection has given online fashion retailer In The Style a major boost, prompting the company to say this morning it is making solid progress in its growth plan. The own-brand staples range marked a step away from its traditional influencer campaigns and will bring in more sales opportunities, [...]
Liz Truss cost of living support fails to prevent new consumer confidence low September 23, 2022 Liz Truss’s cost of living support has done nothing to lift Brits’ optimism out of the doldrums, a closely watched survey published today reveals. Consumer confidence collapsed five points over the last month to minus 49, the lowest since research firm GfK started tracking the figures in 1974. The survey was carried out between early [...]
Polymetal shares plummet as troubled miner scraps dividend September 22, 2022 Polymetal shares fell 11.5 percent today after the Anglo-Russian precious metals mining company announced it was scrapping the full-year 2021 dividend due to dwindling cash flows and a lack of new sales channels. It also suggested cancelling the interim 2022 dividends “to allow the Group to strengthen its cash position and enhance its resilience in [...]
London’s FTSE 100 drops after second big Bank of England rate hike September 22, 2022 London’s FTSE 100 plunged today after the Bank of England lifted interest rates 50 basis points for the second time in a row. The capital’s premier index fell 1.08 per cent to 7,159.52 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, tumbled 2.05 per [...]
Ka-Ching! Brits pay instantly £1.65bn more in interest after today’s Bank of England rate hike September 22, 2022 With the Bank of England Monetary Policy Committee confirming its base rate will rise by 0.5 per cent to 2.25 per cent, UK households face an immediate increase in interest payments of £1.65bn. Analysis of Bank of England data shows UK households are currently paying £20.25bn annually in interest payments on floating rate debt that are [...]