Out now in paperback. 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, sucking talent out of every sphere, siphoning wealth and hoovering 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. Tracing the curse back through economic history, Nicholas Shaxson uncovers how we got to this point. Moving from offshore tax havens to the bizarre industry of wealth management, he tells the explosive story of how finance established a stranglehold on society – and reveals how we can begin to break free.

This is a book that none of us can afford to ignore – an agenda-setting, campaigning investigation that shows how … More

Book launch tomorrow of ‘Stolen’ with Grace Blakeley at St Mary in the Castle. 6pm. “Stolen tells the story of how and why this financialization occurred, what it means for our society and politics, and what the left can do to fight it. At present, the odds are stacked against labour and in favour of finance capital. But what follows it will be determined by which group — the many or the few — manages to take power in this moment of crisis. How we understand this moment, and what we do with it, will determine the course of the future.”

Available in store and online.