Who Runs Britain?....and Who's To Blame for The Economic Mess We're In

Who Runs Britain?....and Who's To Blame for The Economic Mess We're In

by RobertPeston (Author)

Synopsis

'A compelling portrait of early 21st century casino capitalism ... essential reading.' - The Times

On 13 September 2007, Robert Peston broke the news that Northern Rock had become a victim of the global credit crunch and was seeking an emergency loan from the Bank of England.

It was the latest in a long line of scoops by this award-winning journalist. Over the weeks that followed, the Government found itself exposed to the Rock to the tune of GBP57 billion, or almost GBP2000 for every taxpayer. As Robert Peston shows in this fascinating book, the seeds for the collapse of Northern Rock and the upheavals in the financial markets were sown years before.

WHO RUNS BRITAIN? is the first time anyone has drawn all the threads together to weave a story that's rich in extraordinary characters and outrageous feats of economic bravado. This book is about the widening gap between the super-rich and the rest of us. It explores and explodes the myth that the financial creativity of those who are amassing these vast fortunes is good for the wider economy and for all of us. Whether you're a financial expert or just have a bank account, WHO RUNS BRITAIN? is a book you must read.

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More Information

Format: Paperback
Pages: 368
Edition: 4thEdition.
Publisher: Hodder Paperbacks
Published: 30 Oct 2008

ISBN 10: 0340839449
ISBN 13: 9780340839447
Book Overview: BBC Business Editor Robert Peston lifts the lid on credit crunch Britain and the rise of the super-rich.

Media Reviews
A compelling portrait of early 21st century casino capitalism ... essential reading. * Howard Davies, The Times *
Fluent, incredibly up to the minute look at Britain ... Peston, in relaxed, conversational style is a great travelling companion along the highways of finance. * Observer *
This lucid and timely guide to the world of turbo-capitalism ... absorbing book, essential reading for anyone who wants to know how the British economy now operates. * Peter Wilby, Guardian *
starkly lucid * Polly Toynbee, Guardian *
Peston catches the zeitgeist of Britain and the paradox that is Gordon Brown. * Financial Times *
engaging * Harry Mount, Telegraph *
Peston is our rock... The triumph of Robert Peston makes me proud of my old paper, the BBC and of journalism in general. * Sarah Sands in Independent on Sunday *
This remains the most riveting book on finance you may ever bother to read. * Evening Standard *
I recommend this book * Nicholas Lezard in The Guardian *
wonderful clarity * Sunday Telegraph *
this remains the most riveting book on finance you may ever bother to read * Scotsman *
Book of the year * Financial Times *
Author Bio
Robert Peston is ITV's political editor, presenter of the politics show Peston on Sunday and founder of the education charity, Speakers for Schools (www.speakers4schools.org). He has written four books, How Do We Fix This Mess?, Who Runs Britain?, Brown's Britain and WTF?. For a decade until the end of 2015, he was at the BBC, as economics editor and business editor. Previously he was City editor at the Sunday Telegraph, political editor and financial editor at the FT, a columnist for the New Statesman, and at the Independent in various roles. Peston has won more than 30 awards for his journalism, including Journalist of the Year from the Royal Television Society. His blog is itv.com/robertpeston, on Facebook he is facebook.com/pestonITV and he is @peston on Twitter.