Desperate practices are offering 20% discounts to win work, according to the managing director of a specialist recruitment agency.

It raises the spectre of a return to the “bad old days” of suicide fee bids that stalked the industry for years after the global financial crash in 2008.

Martin Bennell, managing director of Frame Recruitment, warned there would be pressure on practices to be ultra competitive as the sector began to recover – and that it would probably impact on salaries.

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