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UK firms to cut costs and hiring in next 12 months: Survey

Prolonged political uncertainty in Britain is forcing finance directors to cut costs and hold off hiring to help companies prepare for an unpredictable year ahead, according to a survey by Deloitte.

UK firms to cut costs and hiring in next 12 months: Survey
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The audit of 91 chief financial officers of some of Britain’s largest companies showed that a renewed focus on cost control will be a strong priority for six in 10 of respondents over the next year, the highest level for 10 years.

Read more at Reuters

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