The Channel logo


By | Christopher Williams 25th July 2008 13:03

Morse detects cost savings - takes £4.5m charge

UK reseller Morse will take a one-off charge of up to £4.5m to slash costs this year, it told the stock market today. Executive chairman Kevin Loosemore said further details of the cuts, which will begin immediately, will be revealed with the firm's preliminary results on 9 September. The cuts follow the departure of CEO Kevin Alcock early this month. A restructuring programme was launched to improve margins. ®

alert Send corrections


Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


Suit-and-tie-wearing man tries to meditate, take deep breaths in faux yoga pose. Photo by Shutterstock
Emotional intelligence, not tech skills, is the way to woo suits
League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe