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Crunch kills Blanc diner; RECESSION.


TOP chef Top Chef is an American reality competition show that airs on the cable television network Bravo, in which chefs compete against each other in weekly challenges. They are judged by a panel of professional chefs and other notables from the food and wine industry with one or  Raymond Blanc has shut a restaurant as the credit crunch Credit Crunch

An economic condition whereby investment capital is difficult to obtain. Banks and investors become weary of lending funds to corporations thereby driving up the price of debt products for borrowers.
 bites.

Brasserie Blanc in Manchester closed on Tuesday after eight years.

The Frenchman blamed the recession and the location but said "very high" rent made success difficult from the start.

He said: "Of course, I am upset. But the council in Manchester really needs to look at rents in the centre. They are very, very high."

Council spokesman Pat Karney said: "I am happy to meet with him and talk about the problems."
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Publication:The Mirror (London, England)
Date:Feb 5, 2009
Words:85
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