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Vassal State

Angus Hanton

Book cover: Vassal State

‘Provocative and detailed … Excellent’ The Telegraph

‘Shocking and meticulous’ Danny Dorling

‘An eye-opening revelation … a must-read’ Joel Bakan

THE TELEGRAPH BEST BOOKS OF 2024

British politicians love to vaunt the benefits of the UK’s supposed ‘special relationship’ with the US. But are we really America’s economic partner – or its colony?

Vassal State lays bare the extent to which US corporations own and control Britain’s economy: how American business chiefs decide what we’re paid, what we buy and how we buy it. US companies have carved up Britain between them, siphoning off enormous profits, buying up our most lucrative firms and assets, and extracting huge rents from UK PLC – all while paying little or no tax. Meanwhile, policymakers, from Whitehall mandarins to NHS chiefs, shape their decisions to suit the whims of our American corporate overlords.

Based on his 40 years of business experience, devastating new research and interviews with the major players, Angus Hanton exposes why Britain has become the poor transatlantic relation – and what we can do to change it.

Hardback

ISBN: 9781800753884

Published: April 11, 2024

Paperback

ISBN: 9781800753907

Published: January 16, 2025

Ebook

ISBN: 9781800753891

Published: April 11, 2024

Book cover: Vassal State

Category:
Non-fiction

Reviews for Vassal State

‘A provocative and detailed study of how Britain’s economy fell victim to US power – and how to respond … Excellent’ – Tomiwa Owolade, The Telegraph

Vassal State takes the reader on a dizzying tour of an economy that has come to resemble Orwell’s Airstrip One‘ – Will Dunn, New Statesman

‘You’ll read it with fascination, anger and a desperate wish for change’ – Alexander Larman, Telegraph Best Politics Books of 2024

‘If we Britons are all under America’s thumb, as this stirring book suggests, at least we can’t say we weren’t warned’ – Telegraph, Best Books of 2024

‘An eye-opening book’ – Will Hutton, Observer

‘The claim that the United States essentially runs the UK has a long heritage, and is fervently believed by those on the left when it comes to foreign policy (including myself). But rather than focusing on the not-so-special relationship, Hanton instead examines the changing economic ties between the two countries, and how a mix of financialisation, private equity and big tech has led to previously implausible levels of corporate capture. And yes, it’s even worse than you think’ – Novara Media Books of the Year 2024

Read this and you’ll never again have a high street coffee, switch on your computer – do virtually anything – without pausing, anxiously, to think about the suffocating extent of American corporate domination of our lives. Meticulous and calm, Angus Hanton peels away the corporate layers of ‘British’ capitalism to show how we’ve allowed a kind of reverse colonisation sucking billions of pounds daily to Chicago, Seattle, San Francisco and New York’ Polly Toynbee

Painstakingly researched and elegantly written, Vassal State is an eye-opening revelation of US-based corporations’ near-complete control of the UK economy. Tracing the reasons behind the takeover, why it matters, and what needs to be done to reverse it, this is a must-read for anyone who cares about the UK’s future‘ – Joel Bakan, author of The New Corporation: Why ‘Good’ Corporations are Bad for Democracy

Author

Angus Hanton

Author image: Angus Hanton

Angus Hanton is a successful businessman and investor with 40 years of entrepreneurial experience. He is also a public policy expert who co-founded the Intergenerational Foundation, a think-tank focussed on promoting the interests of younger generations.

Author image: Angus Hanton