Comprehensively revised and rewritten at frequent intervals since the first edition in 1966, this text provides an up-to-date, systematic and balanced assessement of British economic life. Compiled by a team of specialist economists, it combines factual information and informed analysis in an accessible guide to the character, problems and performance of the British economy. Key issues in this 14th edition include a section on macroeconomics; material on economic growth rates; a description of financial institutions and their importance; and analysis and explanation of privatization and regulation.