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UK staff shortage crisis: Industry reports record profits as battle for workers pushes up wages and fuels moves

uk inflation | Trading Cocktail

Rapidly rising wages as a result of a talent war have resulted in an unanticipated boom for British recruiters entrusted with finding employees for businesses across the country. This week’s full-year results from UK-listed recruiters PageGroup, Robert Walters, and Hays revealed the magnitude of the issue confronting CEOs as they battle to retain their own employees and poach others from …