Financials

FINANCIALS: Hays posts mixed six-month results

Hays group net fees dropped by 13% to £496m in the six months ended 31 December 2024, with temporary recruitment and contracting falling by 9% and permanent recruitment by 19%.

24 February 2025

$6m-valued AI start-up Alfa AI plans to revolutionise recruitment

An AI recruitment start-up has secured more than $625,000 (£494,500) to place the company at a valuation of $6m.

Creative/Digital/Media, IT/Telecoms 24 February 2025

FINANCIALS: SThree profits down due to challenging conditions

STEM recruiter SThree reports that its net fees were down 9% year-on-year (YoY).

Life sciences, Engineering 4 February 2025

FINANCIALS: Staffline defies recruitment’s downward trend

Recruitment and training company Staffline Group has reported a 9% increase in gross profits, bucking the recent downward trend posted by recruitment firms.

Retail, Public sector 4 February 2025

FINANCIALS: Kelly Q3 results show 7.1% decline in revenue

Talent solutions provider Kelly has announced financial results for the third quarter of 2024.

12 November 2024

FINANCIALS: PageGroup profits fall in ‘subdued conditions’

PageGroup has reported that “continued subdued levels of client and candidate confidence” are affecting recruitment decisions, leading to a 13.5% fall in overall profit for Q3 2024, compared with the same time last year.

15 October 2024

FINANCIALS: Hays results hit from hiring slowdown

Global recruiter Hays has started its 2025 financial year with downward movement from its 2024 financial year.

11 October 2024

Changes to CGT – Should you stay or should you go?

No business owner can have escaped the widespread political and media coverage regarding changes to the UK’s Capital Gains Tax (CGT) regime.

24 September 2024

Demica provides HeadFirst Global new $400m funding source for Impellam Group

Fintech company Demica has enabled a new $400m (£306m) trade receivables securitisation for HeadFirst Global, funded by Barclays, supporting March 2024’s acquisition of Impellam Group through structuring, distribution and reporting. 

IT/Telecoms 12 September 2024

Research reveals those industries penalised by HMRC for lying about tax

The Global Payroll Association (GPA) has revealed which UK business sectors have been hit the worst for defaulting on tax.

Retail, Oil & gas/Energy 13 August 2024

Financial recruiter Hamlyn Williams wins $7m injection from Meraki Capital

A specialist, international staffing business has secured a multi-million dollar investment from a recruitment-focused private equity house.

Life sciences, Banking/Financial services 2 August 2024

FINANCIALS: Heidrick & Struggles reveals increase in revenue

Heidrick & Struggles International, a provider of global leadership advisory and on-demand talent solutions, has announced financial results for its second quarter ended 30 June, 2024.

Executive search 30 July 2024

FINANCIALS: Staffline performance boosted by blue-collar recruitment

Stepped-up momentum in blue-collar recruitment has driven Staffline to a strong performance in the first half of 2024.

Public sector, Transport & logistics 30 July 2024

Apostle Accounting owes thousands in tax rebate scheme investigation

A company at the centre of a tax rebate scandal owes tens of thousands of pounds after being fined for not complying with money laundering regulations, according to news sources.

Accounting/Finance 23 May 2024

FINANCIALS: ‘Stable’ first quarter for Adecco

Adecco has reported “stable” first-quarter revenues of €5.7m (£4.9m) today [7 May 2024], while experiencing a net negative effect of currency conversion and working days with a net negative impact.

Recruitment Process Outsourcing, Engineering 7 May 2024

FINANCIALS: Hays cites ‘challenging’ conditions on quarterly results

Challenging market conditions were cited by global recruiter Hays as the company saw a 14% fall in group fees year-on-year with actual net fees dropping by 17%.

17 April 2024

FINANCIALS: Gattaca report showcases key initiatives delivered in first half of 2024

Specialist engineering recruiter Gattaca has reported a net fee income (NFI) of £19.7m, down 13% year-on-year in interim results for the six months ended 31 January 2024.

17 April 2024

FINANCIALS: PageGroup profits down as clients’ recruitment budgets tighten

PageGroup has reported “financial deteriorations” across all geographies except India today [15 April 2024] as ongoing market conditions continue to challenge the global recruitment company.

15 April 2024

FINANCIALS: Empresaria reveals fall in profits, but Offshore Services delivers growth

Empresaria’s Offshore Services operations proved to be the shining light in the company’s fortunes in 2023, according to the global specialist staffing group’s annual results.

Recruitment Process Outsourcing 27 March 2024

Revenue growth of almost £4m in Norman Broadbent year-end results

Norman Broadbent has revealed its best financial results in over a decade.

Executive search, Interim recruitment 27 March 2024

Loan Charge campaigners ‘frustrated’ as HMRC ‘airbrushes’ history

The Loan Charge Action Group (LCAG) has reinforced its calls for a parliamentary inquiry as the loan charge continues to weigh heavily on Westminster.

19 March 2024

Bain and Gray moves to employee ownership trust

London, Soho-based executive secretarial and PA recruiter Bain and Gray has announced its transition to an Employee Ownership Trust (EOT).

Commercial & office support, Executive search 23 January 2024

FINANCIALS: PageGroup announces 20% fall in UK profits

Falling candidate and client confidence contributed to a nearly 20% drop in gross profits (GP) for PageGroup’s UK operations in Q4 of its 2023 financial year.

15 January 2024

FINANCIALS: Hays announces 10% fall in group fees

Group fees at global recruiter Hays dropped by 10% in the second quarter of the company’s 2024 financial year, the recruiter has announced.

9 January 2024

FINANCIALS: SThree’s Q3 trading update reveals ‘resilience’

STEM recruiter SThree’s trading update shows the global company’s net fees down 7% year-on-year amid ongoing macro-economic weakness.

Life sciences, Engineering 21 September 2023
Top