SThree beats bankers' jitters

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Jittery workers are hunkering down to ride out recession rather than putting themselves in the jobs market, the recruiter SThree said yesterday.

In the UK and Ireland, which accounts for 35 per cent of its business, investment banks are culling thousands of jobs.

But with overseas profits up 13 per cent, SThree overall profits rose 6 per cent to £51.3m.