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Tanked

Why the British Economy Is Failing and How to Fix It

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Tanked

By: Paul Wallace
Narrated by: Rich Keeble
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About this listen

A rare book on economics that is actually written in English. Trenchant, clear and comes complete with solutions. Essential reading for the coming election. -- Simon Jenkins

A lively review of Britain's economic history since the Global Financial Crisis. It is a sad story, but Wallace finds some room for hope amidst the gloom. -- Howard Davies

Crisp, comprehensive and forensic, Tanked casts an unflinching eye across the British economic horizon. The sooner we pay attention, the better' -- Tom Clark, editor of Broke: Fixing Britain's Poverty Crisis and Contributing Editor, Prospect


In the autumn of 2022, Liz Truss took Britain on a journey into economic la-la land and comprehensively tanked the economy. The result? Mortgage and rents misery was piled on top of surging inflation, public debt at an eye-watering £2.7 trillion and falling living standards. As economic journalist Paul Wallace argues in this incisive, expert and accessible book, this was the low point of a once supercharged economy stuck in first gear since the financial crash of 2008.

Written over ten chapters tackling the most important issues (Brexit, debt, the City, immigration, manufacturing, levelling up, public services), Wallace asks in clear, jargon-free prose what the problems are, and what we can do to solve them. He offers a ten-point plan to get our economy back on track, building on its most resilient aspects. It is vital reading for an incoming chancellor who wants a blueprint for recovery.

Part-primer, part passionate argument, Tanked is the perfect book to understand how Britain has devalued itself - and how to restore its economic fortunes.©2024 Paul Wallace (P)2024 Hachette Audio UK
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Critic reviews

Wallace's plea is for what could be called common sense through stability: ending the churn of ever-changing ministers and half-baked policies, and bringing in some longer-term strategy. Let us hope (Bill Emmott)

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What A Mess

Although this is a brilliantly written and researched book, the content, for those who live in the UK, is thoroughly depressing. The story of how quickly an incompetent government can take a country, that until recently was a dynamic, outward looking economy with more than it's fair share of soft power, and completely destroy it by sacrificing it on the altar of self interest and misguided ideology. The UK raced itself to the bottom and it won. A very sorry tale indeed...

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Some good lessons to consider here

Some good lessons to consider here, definitely worth a listen. Easy and enjoyable to follow, the delivery is informative and set at a comfortable pace.

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