Recruitment firm PageGroup sees UK profits slide amid 'fragile' trading environment 


Jane Denton For Thisismoney

The UK arm of recruitment firm PageGroup, formally known as Michael Page International, suffered a post-Brexit profits slump in the third quarter.

The group’s UK profits fell 4.7 per cent to £37.8million, with profits in its financial services division falling by 14 per cent. 

Steve Ingham, PageGroup’s chief executive, said confidence levels were ‘fragile’, adding the firm remained cautious in its short-term outlook.

Falling UK profits: The UK arm of recruitment firm PageGroup, formally known as Michael Page International, suffered a post-Brexit profits slump in the third quarter

Falling UK profits: The UK arm of recruitment firm PageGroup, formally known as Michael Page International, suffered a post-Brexit profits slump in the third quarter

He said: ‘In the UK, confidence levels remained fragile and below levels seen earlier in the year.

‘With the prevailing uncertainty in the UK, the challenges in…



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