Chris Tarrant bowed out from Who Wants To Be A Millionaire? tonight after ITV axed the series which first aired in Britain in 1998.
Chris Tarrant, who has hosted the show from the beginning, said it was 'time to take a break'.
Famous faces are appearing on a special edition of the game show under the watchful eye of their mothers.
Noel Edmonds says the country's economic situation is deterring contestants from taking risks in a bid to win big on Deal or No Deal?
Speaking to the Daily Mirror, he said: "In 2005, when people talked about life-changing money it tended to be, ‘Oh, I would like a sports car, or a holiday in Florida. I would like these things.’
“The reality of the world has changed in a short time and – if you have very little – life-changing money can be £100 or £500.”
Edmonds' comments echo those of quiz show host Chris Tarrant who said the cancellation of 'Who Wants to be a Millionaire?' was down to the public's reaction to the recession.
Chris Tarrant, the presenter of ITV's Who Wants To Be a Millionaire, said the show was cancelled because of the public's reaction to the recession.
The 67-year-old presented the popular quiz show for 15 years before deciding to quit and instead of blaming the lack of a millionaire in recent years, he said austerity helped kill off the programme.
Tarrant told The Daily Telegraph: "People were saying, 'I’ve got 10 grand, I’m not going to risk that.’ I only gave away £80,000 in three nights.
"Now I know that still sounds a huge amount of money but at the height of the show it used to average about £100,000 per night.
"As a nation we’ve stopped gambling. So the public shows aren’t working and we’re running out of celebrities with a brain cell so where are we going to go?”