Troubled recruitment firm announces results date

Staffline Group's Nottingham headquarters

Staffline, the troubled Nottingham-based recruitment giant, has revealed it will publish its half-year results on Tuesday 17 September.

In June the firm said it would take a £32.6m hit to its bottom line over errors in historic compliance with National Minimum Wage regulations.

The firm said that a further review of the compliance issues had almost doubled the cost of amending the mis-payments from £7.9m to £15.1m.

Later that month, Staffline embarked on a drive to raise £41m to try and drive down its debt pile.

Staffline also announced this morning that it has received a letter of resignation from PwC resigning as the Group’s auditor with effect from 1 August 2019.

A statement said that the move was “a mutual agreement” with the accountancy giant not to participate in a competitive tender process following the completion of the company’s audit for the year ended 31 December 2018.

Click here to sign up to receive our new South West business news...
Close