Michael Page profit rise fuelled by emerging markets

Recruitment firm Michael Page International reported third-quarter gross profit of £142.7m – a rise of 26.5 per cent to £112.8m compared with the same period the previous year.

UK profits budged up by 0.3 per cent but international profits stormed ahead.

Asia Pacific gross profit was £29.2m, up 44 per cent.

In the Americas it was £22.1m, up 48.3 per cent compared with quarter three 2010.