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Who Runs Britain?
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 57 billion, or almost £2000 for every taxpayer.
"Starkly lucid ... reading Peston's book, you can only be flabbergasted all over again at how Labour kowtowed to wealth, glorified the City and put all the nation's economic eggs in one dangerous basket."
"Can't tell your private-equity gambit from your hedge-fund finagle? Unsure what happened to the pension fund on which you were relying? Here's the clearest, most erudite explanation around."
ISBN 13: 9780340839447 | ISBN 10: 0340839449
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