MONTH IN REVIEW
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ECONOMY
CBI boss calls for
‘Brexit task force’
QUOTE OF THE MONTH
“What is happening
to London? It’s so
depressing”
This was said by Butler & Wilson
founder, Simon Wilson, after
announcing the closure of its
Mayfair store after 32 years
Britain’s business leaders have
the “solutions” to help Britain get a
good deal from Brexit, a businessman
has said.
Paul Drechsler, president of the
Confederation of British Industry (CBI),
called on the next government to set
up a Business Brexit Taskforce in their
first 50 days to help ensure business
gets the best deal when the UK leaves
the EU.
He suggested that the government
should not take sole responsibility
but instead use the business sector
to reach a deal that “supports jobs,
growth and our country’s future
prosperity”.
The CBI ‘manifesto’ proposes that
the government should set out formal
structures for business engagement
on international trade, as well as
supporting businesses of all sizes to
improve performance, wages and
competitiveness.
At the CBI annual dinner, Drechsler
said: “In just over 500 hours Britain
will be electing the next government.
They will make decisions affecting not
just us, but the next generation. The
scale of the challenges they will face is
staggering.
“Business and government may have
different roles but we share the same,
ultimate goal - a thriving economy
which benefits everyone.
“So if the next government is
serious about Britain’s prosperity, they
should champion the value of what
we do. And on so many issues - from
driving local economies to untangling
EU complexity - firms are ready with
solutions.”
June 2017 | jewelleryfocus.co.uk
FUN
Pirate Jack
Sparrow’s
jewellery ‘valued’
at £225,000 by
F Hinds
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pirates. With Jack Sparrow, it’s no
exception.
“He’s often deemed as the worst
pirate anyone has heard of, but owning
a £200,000 crown he is quite possibly
one of the wealthiest.
“It will be interesting to see what
happens in the next film, he’s managed
to fight off the likes of Barbosa and
Davy Jones so far, perhaps he might
add to his already extensive loot.”
In just over 500 hours
Britain will be electing the next
government. They will make
decisions affecting not just us,
but the next generation .
The scale of the challenges they
will face is staggering
Paul Drechsler, president of the CBI
NEWS ANALYSIS
The jewels of fictional pirate Captain
Jack Sparrow have been valued by
an expert ahead of the release of the
newest Pirates of the Caribbean film.
Jewellers F.Hinds worked out that
the swashbuckler’s ring collection
alone were worth £19,000, but his most
expensive piece is his stolen crown,
which F Hinds estimates is worth
£200,000.
Altogether, Sparrow had a collection
worth an impressive £224,615. This
did not include the Treasure of Cortés,
a collection of 882 Aztec gold coins,
which was valued at over £3m.
Steve Mellows, e-commerce
manager at F Hinds, said: “Treasure
almost seems to be the first thing
people think of when it comes to
The jewellery industry has
seen its fair share of ups and
downs this month.
The closure of the Butler
& Wilson Mayfair store and
the news of Theo Fennell
going into administration
proves that no matter how
many years you have been
in the industry, there are
always risks. The resignation
of Michael Rawlinson as the
CEO of NAJ also caused
some shockwaves. On the
upside, we have seen newer
brands continue to open
new stores and expand
their retail networks; and
the appointment of the first
female boss of Goldsmiths’
in its 700 year history proves
there will always be a reason
to celebrate, too.
END: THAT’S ALL. YOU ARE NOW UP TO DATE
JEWELLERY FOCUS
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