I am shattered, have learnt from by email that the “offer” made to me of a 20% reduction in fee has been rejected by the board. They are sticking to the 60% cut they originally proposed.
Just as I was coming to terms with our reduced budget and how we are going to survive going forward the rug has been whipped out from under my feet again.
I am sick with worry, 20% was manageable, 60% is just not doable. My costs are not going to reduce, I will still have to carry the operating costs and replace equipment if it fails. After expenses and tax I might as well just go and stand on a street corner and beg, from what I have read lately I might be a lot better off.