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Cook the fettuccine according to packet directions. Strain and save half a cup of cooking liquid.
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In the meantime, heat a heavy-based frying pan on medium heat. Add the butter and half the cream. Simmer for about one minute.
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Transfer the strained fettuccine to the frying pan and add the rest of the cream, mixing thoroughly.
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Add the cheese and parsley and continue to mix, maintaining the moderate heat.
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Add a little of the cooking liquid if the pasta becomes too dry.
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Serve immediately.