One of the more entertaining news stories of the Summer has been the cost-cutting actions taken by FC Barcelona. The Spanish and European champions, and one of the biggest clubs in world football announced over the summer that they were going to have to tighten their purse strings. The club are £400 million in the [...]
So Britain’s under new management – a coalition for the first time in 70 years. It will be fascinating to watch this develop and professionally instructive to see how the new government tackles the deficit and address cost-reduction in the public sector whilst we continue to tackle it in the private.
This story first appeared in Times Online on September 23rd http://business.timesonline.co.uk/tol/business/industry_sectors/telecoms/article6846178.ece “BT is set to almost double the number of UK homes and businesses that can receive faster broadband services over its copper lines by extending the reach of its “next-generation” network to cover 75 per cent of the country, The Times has learnt. Around [...]
cost-management-not-just-cost-cutting Cost-cutting is the flavour of the moment. You can’t open a newspaper or listen to a news bulletin without hearing of someone else cutting costs. Redundancies, axing advertising, retrenching – these are the keywords of the impending recession. Britain’s biggest companies are all at it. For smaller companies, these major cost-cutting initiatives may not [...]