I was saddened to see the news this morning that Crain’s Manchester Business had been put into administration after two years. The publication had an admirable approach to business journalism and its reporters had a high degree of integrity for the most part. It’s just a shame that its development co-incided with a downturn in the advertising marketplace that simply couldn’t sustain this high cost approach to news gathering. It should act as a reminder to those that remain; not only in the Manchester business news marketplace but elsewhere – that quality costs money. On this day of budget cuts and tax rises, I hope that we can see a future where publications like Crain’s have a place to operate successfully and sustainably.