There’s no sugar for spending cuts, but we must avoid the salami slicer

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City AM

By Elena Siniscalco Later today, the UK’s chief financial officer, Jeremy Hunt, will share his plans to balance the books and keep the UK solvent or, at least, investable. Managers everywhere will find this relatable. Most of us have needed to reduce costs, whilst keeping the show on the road, during recent years of pandemic, followed by this current period of rising costs and dampened demand. And just this past week Amazon, Disney, Vodafone and Facebook have all announced big cuts. So, what wise words might there be for Mr Hunt, or any executive faced with cutting costs? I’ve been meeting fel…

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