Peston's Power

The BBC's Business editor has a slightly off-putting reporting style, involving the emphasis of random words and a slightly out of breath feel, but he is being touted as a key mover in the present crisis. The right-wing approach is exemplified in this earlier post by Guido Fawkes, which quotes a City source as claiming that Peston's reporting has a thoroughly destructive impact on prices; the Guardian, meanwhile, in reporting the loss of influence of the 'Today' programme, highlights one reporter whose sway is still sky-high - step forward, Robert Peston. Along with accountants and lawyers, Peston is benefitting considerably from this crisis!

Another example of economic silly season also seems to be hitting the web paper First Post, whose self-styled Westminster insider "The Mole" reported that Gordon Brown might consider inviting Vince Cable to be Chancellor if things don't improve!


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