RECRUITMENT firm Pagegroup posted a record performance for June, marking the second month where gross profit exceeded £100m.

Group gross profit hit £280.9m, up 25.5 per cent compared to the second quarter of 2021.

Pagegroup boss Steve Ingham hailed the "outstanding" results "achieved despite the backdrop of macroeconomic and geopolitical uncertainty".

Ingham added that the British firm benefited from wage inflation and increased fee rates as a result of high demand and a short supply of candidates.

Pagegroup expects 2022 full year operating profit to be in line with company consensus of £205m. Analysts at HSBC backed the company's growth and said it showed "little sign of slowing".

(c) 2022 City A.M., source Newspaper