The Money Machine: How the City Works

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9780141042893: The Money Machine: How the City Works

What happens in the City has never affected us more

In this excellent guide, now fully revised and updated, leading financial journalist Philip Coggan cuts through the headlines, the scandals and the jargon to explain the nuts and bolts of the financial system.

What causes the pound to rise or interest rates to fall? Which are the institutions that really matter? Why is it we need the Money Machine - and what happens when it crashes? Coggan provides clear and concise answers and shows why we should all be more familiar with a system we so intimately depend upon.

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Review:

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)

About the Author:

Philip Coggan has been a journalist for the Financial Times since 1986, including spells as a Lex columnist, personal finance editor and economics correspondent.

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Coggan, Philip
Published by Penguin UK (2010)
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