Category: Finance News

Jun 1

Pay squeeze takes toll as mortgage approvals fall

Higher interest rates and the fall in take-home pay are driving a decline in new mortgages, with the number approved falling below pre-pandemic levels last month. The number of mortgages approved fell to 66,000 in April from 69,500 in March, according to the latest money and credit figures published by the Bank of England. The […]
Jun 1

TM Lewin ‘Back to Business’ following online relaunch

Iconic British menswear brand, TM Lewin, is ‘Back to Business’ following its official online relaunch. Announced just six weeks after the heritage brand secured a rescue deal with TM Lewin Shirtmaker Limited, the new TM Lewin eCommerce site showcases the brand’s initial spring/summer range, with additional lines to be added in the coming weeks. Established […]
May 31

Rents in India increase as people return to offices

Rents in the residential market in India increased 4% quarter-on-quarter for the three months ended March 2022, signalling an improvement in the rental housing market with offices opening and people returning to their base work locations. According to a report by Magicbricks, searches for rented accommodations in India increased 15.8% sequentially and 6.7% year-on-year in […]
May 31

Mumbai property registrations soar 78% y-o-y in May

Property registrations in Mumbai surged 78% year-on-year with 9,523 units registered in May, according to data compiled by Knight Frank India. The substantial rise comes on the back of low sales registrations recorded in May 2021 due to the lockdown during the second wave of the pandemic. On a month-on-month basis, property registrations declined 19%, […]