Who Runs Britain? and over 2 million other books are available for Amazon Kindle . Learn more

Buy New

Sign in to turn on 1-Click ordering.
Buy Used
Used - Very Good See details
Price: 1.78

More Buying Choices
Have one to sell? Sell yours here
Sorry, this item is not available in
Image not available for
Image not available

Start reading Who Runs Britain? on your Kindle in under a minute.

Don't have a Kindle? Get your Kindle here, or download a FREE Kindle Reading App.

Who Runs Britain?: and Who's to Blame for the Economic Mess We're in [Paperback]

Robert Peston
4.0 out of 5 stars  See all reviews (53 customer reviews)
RRP: 9.99
Price: 6.99 & FREE Delivery in the UK on orders over 10. Details
You Save: 3.00 (30%)
o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o
Only 6 left in stock (more on the way).
Dispatched from and sold by Amazon. Gift-wrap available.
Want it tomorrow, 2 Aug.? Choose Express delivery at checkout. Details


Amazon Price New from Used from
Kindle Edition 6.49  
Paperback 6.99  
Audio Download, Unabridged 17.25 or Free with Audible.co.uk 30-day free trial

Book Description

30 Oct 2008

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.As Robert Peston shows in his fascinating new 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.

Frequently Bought Together

Who Runs Britain?: and Who's to Blame for the Economic Mess We're in + How Do We Fix This Mess?: The Economic Price of Having it All, and the Route to Lasting Prosperity + Made In Britain: How the nation earns its living
Price For All Three: 22.87

Buy the selected items together

Product details

  • Paperback: 368 pages
  • Publisher: Hodder Paperbacks; First Paperback Edition edition (30 Oct 2008)
  • Language: English
  • ISBN-10: 0340839449
  • ISBN-13: 978-0340839447
  • Product Dimensions: 13.1 x 19.2 cm
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (53 customer reviews)
  • Amazon Bestsellers Rank: 44,496 in Books (See Top 100 in Books)

More About the Author

Robert Peston is the BBC's Business Editor. Prior to joining the BBC, he was Political Editor and Financial Editor of the Financial Times, City Editor of the Sunday Telegraph and a columnist for the New Statesman and Sunday Times (inter alia). He has won numerous awards for his journalism, including Journalist of the Year and Scoop of the Year (twice) from the Royal Television Society, Performer of the Year from the Broadcasting Press Guild, Broadcaster of the Year and Journalist of the Year from the Wincott Foundation and Business Journalist of the Year from the London Press Club. Peston has published two critically acclaimed books, WHO RUNS BRITAIN?, his best-selling account of who is to blame for the economic and financial crisis of 2007-9, and BROWN'S BRITAIN, a biography of Gordon Brown and analysis of the New Labour government. His prize-winning blog, which has more than 800,000 readers, can be found at www.bbc.co.uk/robertpeston. He is the founder of Speakers for Schools (www.speakers4schools.org), a pro bono educational service which organises free talks from inspirational speakers for students at state schools. He is a trustee of the Education and Employers Taskforce. He is married to the writer Siân Busby. You can follow Robert on twitter at www.Twitter.com/Peston

Product Description


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)

Book Description

BBC Business Editor Robert Peston lifts the lid on credit crunch Britain and the rise of the super-rich.

Inside This Book (Learn More)
Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Search inside this book:

Customer Reviews

Most Helpful Customer Reviews
24 of 25 people found the following review helpful
5.0 out of 5 stars Financial Follies 23 April 2010
Robert Peston asks a question he is unable to answer. This was certainly the case on Black Wednesday as Kenneth Clarke admitted in a television interview.On that occasion Peston's argument that decisions taken by an international super-rich stateless elite have unduly influenced policy and over-rode policy makers seems true. In so doing they have scooped a disproportional amount of the nation's wealth and the gap between rich and poor has increased no less under New Labour than under the Conservatives. What does emerge from Peston's coverage is that there are times when it is far from apparent whether anyone is running the country.

Peston identifies inefficiencies within the decision making system of which pensions is a good example. In 1997 Gordon Brown raided the pension funds of final salary schemes, removing tax credit on dividends. the reason behind Brown's policy was clear. He wanted to raise revenue to reduce the structural deficit in the public finances. Treasury officials expressed concern but Brown went ahead. The result was a decline in income to pensions funds over a five year period from 7.1 bn to 3.3.bn. Final salary schemes collapsed. Yet Brown's policy was the logical extension of Nigel Lawton's 1988 decision to limit the amount of surplus schemes could retain and of Norman Lamont's reduction in tax credits to pension schemes in 1993. Both were designed to raise revenue.

The political myopia demonstrated by politicians then became a farce with the introduction of stakeholder pensions. Theoretically designed to prevent alleged mis-selling and provide for the less wealthy, the stakeholder became a tax-free vehicle for the rich. Pensions minister, Ian McCartney, ignored unwelcome research statistics because they came from a Conservative David Willetts.
Read more ›
Was this review helpful to you?
23 of 25 people found the following review helpful
By A. J. Sudworth VINE VOICE
I liked this book a lot because it does not treat the reader like an idiot
What is also good is that he evidently has talked to the people involved and so it includes a huge amount of personal views from some of the main protagonists. His explanation of the greed of the finacial wizards, the wrong headed approach of the government and the effects on you and I is very clear - the only problem after reading this is that the depths of the problems in the financial sector look a lot worse and its clear that we as individuals will pay for this collective failure.
I did not give it five stars because of a style issue is that certain things were repeated a number of times so that it read a bit like a collection of essays but overall if you want to understand why we have the problems in the financial sector and now the real world economy then I can recommend this. Think of the plus when someone asks you what a Structured Investment Vehicle (SIV) is - and thanks to this you will know. You'll be bemused was to why it was ever thought a good idea, but you will know what it was and why valuing them became such a problem.
And finally it comprehensively shows the failings of the Prime Minister when he was chancellor - he may not have caused all the problems but the policies he pursued have made the problem worse for us all - and our grandchildren as well. Read this and I suspect that you will not see him as 'Super Gordon' after this.
Damm good read - making financial economics interesting !
Comment | 
Was this review helpful to you?
4 of 4 people found the following review helpful
5.0 out of 5 stars Where has all the money gone? 1 Feb 2009
Robert Peston writes excellent understandable and uncluttered english,dealing with what could be a complicated subject in a straightforward way [just like his television appearances].His detailed background knowledge of his subject, and the players in it,is impressive,and his explanations as to how and where the billions of all our money has gone,whilst not surprising,is most revealing.A must read.
Comment | 
Was this review helpful to you?
25 of 28 people found the following review helpful
5.0 out of 5 stars The Credit Crunch: who dunnit?: a good read 27 Dec 2008
To predict the future it is necessary to understand the past and Robert Peston's book is a valuable, well written and easy to read way to do this. It is the recent background to the business elite of a Britain that now faces an unprecedented financial mess

It gives colourful insight into the big personalities ( Philip Green, Stuart Rose, Allan Leighton ) the big financial organizations ( hedge funds private equity firms, and globalised investment banks) and the big politics which provide the backdrop to the dance of excess and greed that led us into the current melt down.

Much of the material is not new but it is very well told. It's a journalist's book rather than that of an historian. In truth it is really a number of different short books pulled together between one set of covers. It is a series of stand alone stories: Arcadia Group, Marks & Spencer's, Royal Mail, a who's who of hedge funds and private equity and the background to the sale of honours.

Peston has had a ringside seat for the past few years and this book allows us to share his privileged access. Most of the individual stories are fascinating, well written and related by a deeply well connected and knowledge insider. Although, to be honest, the chapter on pensions is rather hard going and only for real enthusiasts like Lord Turner who gets numerous mentions.

The title is a little misleading and echo perhaps of the seminal "Anatomy of Britain". by Anthony Sampson. "Credit Crunch: The Suspects" might have been a better alternative.

And finally in one sense the book is a mystery story. Does Peston like Gordon Brown and the Labour party or not? He seems unsure himself but at least it keeps the reader guessing.

All in all an adornment to any book shelf.
Comment | 
Was this review helpful to you?
Would you like to see more reviews about this item?
Were these reviews helpful?   Let us know
Most Recent Customer Reviews
5.0 out of 5 stars gives you an insight into the politics of this country - very good.
Interesting read, gives you an insight into the politics of this country - very good.
Published 20 days ago by D.Enamu
4.0 out of 5 stars a wake up call for old romantics
Well written and easy to follow. Basically Bobby P is telling us that the super-rich run the world, and that this is getting more so, not less. Read more
Published 2 months ago by Mike Duncombe
4.0 out of 5 stars Well worth a read.
Excellently researched, good and balanced account of the UK retail, political and financial institutions and there pracrices . Read more
Published 2 months ago by ruth harrison
5.0 out of 5 stars good
This is not an easy read but well worth the effort. It sheds light on a lot of things and is very thought provoking
Published 5 months ago by I. Asquith
5.0 out of 5 stars Preston
Robert Preston is always a joy on TV and I thought this book is bound to please. Highly recommended should keep you riveted.
Published 5 months ago by Mr. E. Goody
5.0 out of 5 stars present for my brother
so hard to get presents for my brother..think the1st time got him something that he really happy with and has already read
Published 5 months ago by dawn
4.0 out of 5 stars Not Quite Who Runs Britain
This is a highly readable account of the UK's current problems, and still very relevant today, five years after it was first published. Read more
Published 8 months ago by J. J. Ward
4.0 out of 5 stars Who runs Britain
Robert Peston writes a non political summary on Britains economic mess from Callaghans euro bailout to Brown's gross mishandling of the UK economy. Read more
Published 9 months ago by pennina
4.0 out of 5 stars Financial affairs.
Excellent writing with really good information.
The detail can get a bit boring at times but the insight into international and domestic financial dealings is aweinspiring.
Published 11 months ago by Jeff Baldwin
5.0 out of 5 stars A must read
I never would have believed that a book about high finance could engage my emotions as much as this one did. Read more
Published 12 months ago by Debra Allcock Tyler
Search Customer Reviews
Only search this product's reviews

Customer Discussions

This product's forum
Discussion Replies Latest Post
No discussions yet

Ask questions, Share opinions, Gain insight
Start a new discussion
First post:
Prompts for sign-in

Search Customer Discussions
Search all Amazon discussions

Look for similar items by category