Penny Wise Pound Foolish

Nearly 80% of UK CEOs and FDs believe their business is at risk during this recession yet few realise that this risk includes potential litigation following cost cutting measuresNearly 80% of UK CEOs and FDs believe that the recession has increased the number of risks that their businesses face and over 50% of them have sought to reduce costs or share financial risk since the beginning of 2008. However 75% of these businesses do not understand that cost cutting exercises such as outsourcing have actually increased their risk of being drawn into litigation which can be both difficult and