Many will need to make cuts during the period of fiscal turbulence, with an expert suggesting one area this cannot come in is IT.
Gerry McLaughlin, of ITContractor.com, says every period of struggle sees a particular cost emerge as unnecessary and it is often cut by firms.
"However, this time round IT was seen as both a cost-cutting enabler and as too crucial to the business," he explains.
Mr McLaughlin's words follow the latest workforce report by e-skills UK, which shows there is a higher-than-average level of confidence in IT currently.
Meanwhile, with cuts in some area potentially required, businesses may find a new deal with a cheap dual fuel supplier helps them to minimise these.
The report also revealed demand for labour and skills was down two per cent in the last quarter, perhaps suggesting this is where cuts could be made.
Posted by Jim Tidy
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