
One of London's most expensive restaurants has closed its doors in the fallout from the recession. Tatsuso served high-end sushi and was famous for its exorbitant prices.
Wealth Bulletin says that the restaurant went into liquidation in May with liabilities of more than £338,000. The restaurant was located in the Broadgate development and catered to London's financial types. Mehmet Arkin, the appointed liquidator, blamed the restaurant's woes on the collapse in corporate expense accounts and noted that several London institutions had closed their credit accounts with the restaurant at the start of this year. Arkin said the restaurant is not planning to reopen.