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Over half of UK organisations to cut expenses amid rising government costs, survey finds

Summary by Business Matters

More than half of UK organisations are planning to cut expenses in response to rising government-imposed costs, including new tax and National Insurance increases taking effect from April 6th, according to a new survey of finance leaders. The research, conducted by financial management software provider AccountsIQ and expense management platform ExpenseIn, reveals that 52% of businesses are introducing expense cuts to manage financial pressure. …

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nnbn.co.uk

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Startups Magazine | Digital & Print Magazine For Tech Startups

Over half of organisations cut expenses in light of rising government costs

Over half (52%) of organisations are cutting expenses in light of rising government costs. That’s according to a survey by AccountsIQ, a provider of advanced financial management software, and ExpenseIn, who joined the AccountsIQ Group earlier this year.

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