With the media buzzing with news of potential Budget cuts, employers have started to ponder on how to help staff with their finances.
A string of factors including the rise of digital efficiencies and increasing salaries will result in the British retail industry cutting up to 900,000 jobs by 2025, the British Retail Consortium has found, and small businesses will feel the strain.
Sainsbury's has announced the appointment of Next FD David Keens to the board as a non-executive director in order to use his "knowledge of fast-moving customers" to bring the company out of its financial decline.
… but careful cost-cutting can save your business. Serial entrepreneur Margaret Heffernan gives us six golden rules to get the best results when cutting costs.