Those much greater losses are no longer pennies. They’re pounds, metaphorically speaking. Hence, the local government is considered penny wise but pound foolish, wise and clever in saving small ...

penny wise / Gifts — Cash or kind? Cash gifts are still considered tacky, but many nowadays opt for that than a piece of jewellery, or any other material item. Historically in our subcontinent ...

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When our desire to save a few bucks ends up costing us even more, or when we’re too focused on the small things that we miss the big issues, we’re said to be penny wise and pound foolish.

Let’s rip the waste out of our great nations budget, even if it’s a penny at a time,” he said. Treasury Secretary Scott Bessent was sworn in late last month. Minting pennies costs more than ...

The Government was yesterday warned not to be “penny wise and pound foolish” by cutting expenditure on vital infrastructure projects simply to ensure it meets its annual fiscal deficit targets.