What happens in the City affects almost every aspect of our lives. In this excellent guide, now completely revised and updated for this fourth edition, a leading financial journalist cuts through the myths and scandals that make the news to explain the nuts and bolts of the financial system. How are the big deals made? What radical changes will the Euro bring about? Which are the institutions that really matter? What causes the pound to rise or interest rates to fall? Philip Coggan provides clear and concise answers to many such questions; he also shows why they are of central concern to all of us.
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Philip Coggan has been a journalist for the Financial Times since 1986, including spells as a Lex columnist, personal finance editor and economics correspondent.
If you are looking for an immediately practical book, then the best basic guide continues to be The Money Machine Financial Times Philip Coggan's excellent primer on the City. London Review of Books A marvellously clear account of the City and all the modern financial developments Business Review Both interesting and informative ... it is written in a way that makes it an easy read Business Fascinating Accountancy Age An excellent introduction to many of the key financial institutions which do business in the City ... Even if you have been working in the City for years, it is quite likely that you will learn a great deal from this book. Certainly it makes you realize the extent of financial dealings taking place daily in the City. citylondon.co.uk The Lonely Planet for things financial Observer
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