YOU know it’s a recession when… coffee shops begin to close:
The coffee chain Coffee Republic has gone into administration, becoming the latest victim of the economic downturn.
Now look out for the end of Location, Location, Location on the telly and the return of comedy shows…
Posted: 7th, July 2009 | In: Money Comments (2) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink
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July 9th, 2009 at 8:53 am
Jamie
Its probably not ‘pc’ to say it, as it suggests failure, and that would never do in this nanny state.
But in ye olde English of yesteryear (pre 1997) ‘In administration’ means ‘bankrupt’ which means ‘gone bust’
Now the pc police will probably jam up my PC
July 9th, 2009 at 8:28 am
I have just had a heated debate with someone over the use of the term “gone bust” when they are in administration. So I’m happy to see someone else using the term “gone bust”