Global finance is a system that works for the few and against the many. We need finance – but when finance grows too big it becomes a curse. The City of London is the single biggest drain on our resources; it sucks talent out of every sphere, it siphons wealth and hoovers up government time. Yet to be `competitive’, we’re told we must turn a blind eye to money-laundering and appease big business with tax cuts. We are told global finance is about wealth creation; the reality is wealth extraction.

Tracing the curse back through economic history, Shaxson uncovers how we got to this point. He exposes offshore tax havens; … More

In this fast-paced, streetwise take on eighties London, boundaries blur between the cocaine trade and newly deregulated financial markets. High and low life don’t look so different, as everyone tries to make a killing. Barker’s portrait of a cynical, money-hungry culture skewers a moment in history that for good or ill (and mostly for ill) made Britain what it is today.

Carol is a small-time cocaine dealer in 1987 London. On her own with a young daughter, she is a good … More