Newsletter April 23

Welcome to the April Edition

of the MRG Newsletter!

This has been a month for festivities, with the Easter weekend and Ramadan & Eid celebrated by many of our teams. This means April has come with extra challenges as we navigate long weekends, annual leave commitments and school holidays!

MARKET COMMENTARY

We’ve launched headfirst into Q2 with a promising start on conversions in April Week 1 before a challenging two-week period during the middle part of the month. However, strong interim figures and good March conversions (as well as a couple of fee moves into April) mean that we are on course to exceed the April Group target of £550k which is great news. Looking ahead, conversions have been off the pace over the last couple of weeks so we need to arrest this trend to build up May, June and beyond.

Ben Duffill

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