Sympathise with business colleague framing cheapskate (11)
I believe the answer is:
commiserate
'sympathise with' is the definition.
(I've seen this before)
'business colleague framing cheapskate' is the wordplay.
'business' becomes 'co' (short for company).
'colleague' becomes 'mate' (I've seen this in another clue).
'framing' is an insertion indicator (inserted letters are framed by the outside letters).
'cheapskate' becomes 'miser' (cheapskate can mean a miserly person).
'mate' enclosing 'miser' is 'mmiserate'.
'co'+'mmiserate'='COMMISERATE'
(Other definitions for commiserate that I've seen before include "Sympathise" , "Express sympathy" , "demonstrate pity" .)