Recruitment firms take a battering following SThree slowdown

The biggest faller on the FTSE 250 this afternoon is the IT and finance recruitment specialist SThree, down 8.36% following an announcement that earnings growth had slowed in the group's final quarter.

The biggest faller on the FTSE 250 this afternoon is the IT and finance recruitment specialist SThree, down 8.36% following an announcement that earnings growth had slowed in the group's final quarter.

The full-year gross profits were up 17% on the year, but in the final quarter this had slowed to 10%. In the UK the picture was even worse, with the fourth quarter 7% behind 2010.

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