Small business confidence shows signs of recovery but faces cost challenges

Small business confidence in the UK has shown a slight recovery, yet remains deeply negative, as illustrated by the Federation of Small Businesses (FSB) reporting an index score of -53 for the first quarter of 2026. Despite an 18-point rise from previous lows, a staggering 87% of small firms report escalating costs, with more than a quarter facing double-digit increases. Concurrently, over half are experiencing revenue losses, and hiring plans are bleak as more businesses opt for staff cuts. The FSB has called on the government for urgent reforms to address these pressing challenges, particularly surrounding late payments and rising operational costs, warning that without intervention, current signs of recovery may be short-lived.

Sotheby’s to auction historic Cartier watch collection valued at over $15 million

Sotheby’s has unveiled an extraordinary collection that is set to redefine the world of vintage horology: “The Shapes of Cartier: The Finest Vintage Grouping Ever Assembled.” Featuring over 300 pieces that encapsulate a century of iconic design, this collection is estimated to surpass $15 million at auction, commencing on April 24 in Hong Kong. Highlights include celebrated models such as the Crash, Santos, and Tank, each reflecting Cartier’s rich legacy of innovation. This meticulously curated trove promises to attract enthusiasts and collectors alike as it tours key cities throughout 2026.

Jewellery retailers prepare for growth at 2026 Retail Congress

The National Association of Jewellers (NAJ) is set to host its Retail Congress 2026 on June 2 at Drayton Manor, aimed at supporting jewellery retailers grappling with diminished consumer spending. The event will feature a host of expert speakers, including Bank of England representative Glynn Jones and former UK Small Business Commissioner Liz Barclay, who will share crucial insights to help businesses thrive. Additionally, attendees can look forward to a networking dinner the night before, fostering collaboration and community within the industry. With a focus on actionable strategies, the congress promises to equip retailers with the tools needed to navigate today’s challenging retail landscape.

Casio elevates fitness tracking with luxury GMH5600 Move editions

Casio has introduced luxurious gold and silver editions of its GMH5600 Move smartwatch series, blending opulence with advanced fitness tracking technology. Retaining the iconic octagonal design, the new models boast stainless steel bezels and feature capabilities such as heart rate, GPS, and blood oxygen monitoring, all powered by environmentally friendly materials. Priced at $385, these watches not only offer style but also a range of outdoor functionalities, appealing to both fashion enthusiasts and fitness aficionados alike.

Rolex sets the stage for significant reveals at Watches and Wonders 2026

As the Watches and Wonders exhibition approaches, Rolex enthusiasts are buzzing with speculation about potential new releases. Noteworthy forecasts include the introduction of vibrant new colors for the Land-Dweller and the possible discontinuation of the GMT-Master II “Pepsi,” paving the way for a nostalgic return of the “Coke” variant. Additionally, the 70th Anniversary of the iconic Day-Date is expected to be celebrated with exquisite jade or malachite dials, while the return of the Milgauss may feature cutting-edge technology enhancements. With whispers of interchangeable bracelets for Daytona models and the anticipated launch of titanium versions, collectors are eager to see how Rolex will shape its future offerings.