24/06/2026
In February 2026, the UK filed almost exactly as many redundancy notices as it did in February 2009 — 430 then, 433 just before the last recession hit its worst.
Nobody knows what comes next. But across our clients right now, the pattern is hard to miss: redundancies, cost-cutting, founders who were hiring a year ago asking a very different question.
Most treat cost-cutting as a survival exercise — something you do reluctantly, when the bank balance forces your hand. The businesses that come through it well do the opposite. They cut before they have to, while there's still room to be surgical about it. Even the £1bn+ PE-backed group we're working with right now is doing this proactively, not in a panic.
And there's a piece of maths most founders never sit down to do: a pound of cost saved is worth far more than a pound of new sales. New revenue only gives you its margin — a saved pound is pure profit. At a 10% margin, cutting £1 does the work of winning £10.
This week's article covers why proactive beats reactive, where the painless 10% usually hides, and how to know how much to cut without cutting into muscle. There's also a calculator — put in your own numbers and see what a disciplined cut would do to your profit.
👉 https://wrightcfo.co.uk/2026/06/21/why-a-pound-saved-beats-a-pound-earned-fix-budget/