Worries that the credit crunch will force customers to cut back spending on eating out has hit restaurant shares, says The Independent's Derek Pain in his "No Pain, No Gain" column. He has just sold his shares in Prezzo after they dropped from nearly £1 to below 60p. But he may be tempted to buy them back in the future for the Italian restaurant chain is a well-run operation and there is no indication that it has felt the impact of any penny-pinching. Interim figures in September showed pre-tax profits up 48% at £4.7m. The Independent 01/12/07 (save & spend) page 14