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Nine Crises: Fifty Years of Covering the British Economy from Devaluation to Brexit

  • British Economy
  • Categories:Economics
  • Language:English(Translation Services Available)
  • Publication date:September,2019
  • Pages:304
  • Retail Price:(Unknown)
  • Size:160mm×241mm
  • Page Views:178
  • Words:(Unknown)
  • Star Ratings:
  • Text Color:Black and white
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Description

A collapsing pound, spiralling oil prices, near-rationing of electricity... over the past half-century, Britain's economy has lurched from one crisis to another, though it somehow always survives or at least it has done until now.

Veteran financial journalist William Keegan has seen it all, from the 1967 devaluation to the three-day week, from Black Wednesday to the global financial crash of 2007-08. In a career that has seen him hop from Fleet Street to the Old Lady of Threadneedle Street and back again, he has nurtured connections with Chancellors of the Exchequer, Governors of the Bank of England, influential economists and Fleet Street legends.

Now, in this lively and wide-ranging account, he takes us on a tumultuous journey through the past fifty years of our economic history and looks ahead to explain why Brexit poses the biggest existential threat the British economy has yet faced.

Peppered with anecdotes and memories from the author's illustrious career,Nine Crises offers a fresh insight into Britain's past, present and future for economic expert and novice alike.

Author

William Keegan is the senior economics commentator of The Observer, having previously been economics editor and business editor. He joined the paper in 1977, after ten years at the Financial Times and a short secondment to the Bank of England. He is a governor of the National Institute of Economic and Social Research and a visiting professor at Sheffield University and the Strand Group, King’s College London.

Contents

Introduction
Part I: Cambridge, Fleet Street and the Bank of England
Part II: The Nine Crises
Economic Background to the Crises
1. 1967: Devaluation: Before and After
2. 1973: The Oil Crisis and the Three-Day Week
3. 1976: The IMF Crisis
4. 1979–82: Sadomonetarism and Thatcher Recession
5. 1983–89: Lawson Boom and Bust, and Fallout with Thatcher
6. 1992: Black Wednesday
7. 2007–09: Financial Crash
8. 2010–16: Osborne’s Austerity
9. 2016: Referendum and Threat of Brexit
Part III: Observer Interviews with Chancellors of the Exchequer, 2006–07
Afterword and Acknowledgements
Index

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