Shares fall by as much as 20% at one point to lowest level in 13 years before easing back to more than 10% down• Business live – latest updatesA slump in hiring activity at businesses around the world means profits will more than halve at Hays, the global recruitment company has warned, sending its shares down more than 10%.Demand for new permanent staff has fallen sharply, reflecting “low levels of client and candidate confidence as a result of macroeconomic uncertainty”, Hays told investors in an unscheduled update. Continue reading...