Crossword Genius

Financial company cutting income badly (8)

Ross

I believe the answer is:

economic

'financial' is the definition.
(thesaurus)

'company cutting income badly' is the wordplay.
'company' becomes 'co' (abbreviation).
'cutting' is an insertion indicator (some letters cut their way into a word).
'badly' indicates anagramming the letters.
'income' is an anagram of 'enomic'.
'co' placed within 'enomic' is 'ECONOMIC'.

(Other definitions for economic that I've seen before include "Yielding a profit" , "Justified in terms of profitability" , "Productive: financially sound" , "Relating ot the management of wealth" , "viable" .)

I've seen this clue in The Telegraph.
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