Fringe on benefits: How the credit-crunch is hitting the Edinburgh Festival

The Independent: "Fringe Sunday has been cancelled, as have the opening and closing parties for performers; the Cavalcade has been greatly cut back; there is a dearth of sponsors; and, heaven forfend, Soho House will no longer be providing free champagne for its members staying north of the border during festival time. The recession is certainly having an effect on what is being called the credit-crunch Fringe, which gets under way in Edinburgh next weekend."