Shares in recruitment firm fall by as much as 20% to 13-year low after it predicts annual profits of about £45m• 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 to their lowest level in more than a decadeDemand 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...