Crash Bang Wallop
The Inside Story of London’s Big Bang and a Financial Revolution that Changed the World
By Iain Martin
The gripping story of the financial revolution known as 'Big Bang', which transformed international business and changed our world, for fans of Michael Lewis' bestselling The Big Short and Liaquat Ahamed's prizewinning Lords of Finance.
Published to mark the 30th anniversary of the financial revolution known as 'Big Bang', Crash Bang Wallop will tell the gripping story of how the changes introduced in the 1980s in the City of London transformed our world.
Attitudes to money and the way we measure value and status were completely reshaped by Big Bang, and it had an extraordinary impact on politics, on style, on technology, on the class system, on questions of public ownership, and on the geography of London. Perhaps more than anything, Big Bang revolutionised the international markets, as the capital became a testing ground for financial globalisation, with huge repercussions for the global economy.
The definitive insider's account of this critically important moment in modern history, Crash Bang Wallop will also explore what's next for global finance as it gets ready to undergo yet another revolution.
'Iain Martin tells it brilliantly, mixing fury-inducing narrative with an acute eye for the broader conclusion.' Observer
Iain Martin is a commentator on politics and economics. He has been editor of the Scotsman and of Scotland on Sunday and Deputy Editor of the Sunday Telegraph. He has written for the Wall Street Journal, the Financial Times, the Daily Mail and Standpoint magazine. His first book, Making It Happen: Fred Goodwin, RBS, and the Men who Blew Up the British Economy, was shortlisted for the 2013 Financial Times/Goldman Sachs Business Book of the Year Award and won the Debut Book of the Year prize at the 2014 Political Book Awards.
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- Publication date:
01 Jun 2017
- Page count:
Fascinating . . . it is worth raising your eyes from the Brexit mud-slinging to read a new book on the history of the "Big Bang" financial reform . . .UK politicians should take heed of Martin's book. — Financial Times
An exciting story, told with verve — Sunday Business Post
With a journalist's eye for a good tale and a narrative style that rips along, Martin has turned an unloved part of British history about an unloved industry into a fascinating yarn. — The Times
As historical accounts of modern finance go, this is a corker. — Breaking Views Reuters
For anyone interested in finance . . . this is a readable history of how the City became the world's money hub. — Sunday Times
Highly readable and well-informed — The National
It is refreshing to read this lively account of a series of actions that add up to one of the undoubted, if not undisputed, successes of modern government action . . . a timely reminder of how the City of London got to where it is now — New Statesman
Martin's great trick in the book is his ear for echoes of the present in stories from the past, making the old City feel remarkably familiar today . . . Above all, Martin has a warmth for his subject, and its cast of characters, without excusing their feelings . . . With the journalist's eye for a good tale and a narrative style that rips along, Martin has turned an unloved part of British history about an unloved industry into a fascinating yarn. — Philip Aldrick, The Times
His book confirmed to me that the City is a financial centre like no other — Literary Review