FT Opening Quote is your early Square Mile briefing. You can sign up for the full newsletter here. Hays, the UK’s biggest recruiter by market capitalisation, said it expected profits to beat market expectations in 2017, even as it suffered a 5 per cent drop in fee growth in the UK amid “tough market conditions in the public sector”.Overall, the group reported record net fee growth at 7 per cent in like-for-like terms in the three months to June 30 – the final quarter of its financial year. Growth in both its Asia Pacific and continental Europe and Rest of World regions was up 11 per cent respectively when compared with the same quarter last year.But in the UK, which accounts for around a quarter of the business, net fee growth fell by 5 per cent when stripping out the effects of currency
Siona Jenkins considers the following as important: Opening Quote, Uncategorised
This could be interesting, too:
FT Alphaville writes Thought for the weekend
Sujeet Indap writes Should you trust your investment banker to be faithful?
Thomas Hale writes The strange economics of the university strikes
Thomas Hale writes Further reading
FT Opening Quote is your early Square Mile briefing. You can