The Scotsman

Hays buoyed by European work

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Recruitmen­t firm Hays hailed record performanc­es in Germany and France last year, while profits at its British operation tumbled as Brexit put the brakes on hiring.

The group reported an 18 per cent rise in pre-tax profit to £204.6 million in the year to 30 June, while like-for-like net fees came in 6 per cent higher at £954.6m. UK operating profit fell 20 per cent.

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