Now it is the turn of the Ministry of Defence to come under fire for its approach towards cost cutting in the recession. It was reported in The Times on August 18th that: “Private consultants are being paid £4,000 a day by the Ministry of Defence to help it to cut the costs of its [...]
As Britain begins its recovery from the recent riots, I have to wonder whether a lot more couldn’t have been done to prevent them. Sparked by a controversial encounter with the police, which escalated, a percentage of Britain’s youth revolted, leading to widespread looting across the nation’s capitals. While much of the talk in the [...]
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 [...]