DSG International is to focus on cutting costs at its head office as the owner of Currys and PC World looks to restructure the struggling electricals business and take on the challenge of Best Buy .

Announcing a new strategy this Thursday, John Browett, the group’s new chief executive, will reveal job losses of up to a quarter of the 1,700 employees based at the head office in Hemel Hempstead. He will not announce a massive store closure programme.