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   » » Wiki: Robert Peston
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Robert James Kenneth Peston (born 25 April 1960) is an English journalist, presenter, and author. He is the of and host of the weekly political discussion show Peston (previously Peston on Sunday) alongside Deputy . From 2006 until 2014, he was the Business Editor of and its Economics Editor from 2014 to 2015. He became known to the wider public with his reporting on the 2008 financial crisis, especially with his exclusive information on the Northern Rock crisis. He is the founder of the education charity Speakers for Schools.


Early life
Robert James Kenneth Peston born into a family on 25 April 1960, the son of Helen Conroy and Maurice Peston, Baron Peston (1931–2016), an economist and Labour . As the son of a life baron, he is entitled to the courtesy style "The Honourable", but does not use it. He attended Highgate Wood Secondary School, a state comprehensive school in . He graduated with a second-class degree in philosophy, politics and economics from Balliol College, Oxford, and then studied at the Université libre de Bruxelles.


Career
Peston briefly worked as a stockbroker at Williams de Broë, becoming a journalist in 1983 at the Investors Chronicle and joining newspaper on its launch in 1986. From 1989 to 1990, Peston worked for the short-lived Sunday Correspondent newspaper as Deputy City Editor, before being appointed City Editor of the Independent on Sunday in 1990.

From 1991 to 2000, he worked for the . At the FT, he was – at various times – Political Editor, Banking Editor and head of an investigations unit (which he founded). During his time as Political Editor, he memorably fell out with the then Downing Street Press Secretary Alastair Campbell, who regularly mimicked Peston's habit of flicking back his hair, and once responded to a difficult question with the words: "Another question from the Peston school of smartarse journalism."

He became close friends with fellow journalist, now PR man, , with the two being known as "The Pest and the Rat". His last position at the FT was Financial Editor (in charge of business and financial coverage).

In 2000, he became editorial director of the online financial analysis service Quest, owned by the financial firm Collins Stewart. At the same time, he became a contributing editor of and a weekly columnist for The Daily Telegraph. In 2001, he switched allegiance from the Telegraph to The Sunday Times, where he wrote a weekly business profile, Peston's People, and left The Spectator for the , where he wrote a weekly column. In 2002, he joined The Sunday Telegraph as City editor and assistant editor. He became associate editor in 2005.

In late 2005, it was announced that Peston would succeed Jeff Randall as BBC Business Editor, responsible for business and City coverage on the corporation's flagship TV and radio news programmes, the BBC News Channel, its and on Radio 4's Today.

While no impropriety on the part of Peston was implied, it was claimed in on 19 October 2008, that the Serious Fraud Office (SFO) could enquire into the source of one of Peston's scoops which, in September 2008, in the fraught atmosphere of the 2008 financial crisis, revealed that merger talks between and were at an advanced stage. In the minutes before the broadcast, buyers purchased millions of HBOS shares at the deflated price of 96p; in the hour following it, they could be sold for 215p. The Conservative MP had written to the SFO about this.

On 4 February 2009, Peston appeared as a witness at the House of Commons Treasury Select Committee, along with (City Editor, ), (editor of the ), Sir Simon Jenkins ( ) and Business Editor Jeff Randall to answer questions on the role of the media in financial stability and "whether financial journalists should operate under any form of reporting restrictions during banking crises."Treasury Committee Treasury Committee: Press List

On 28 August 2009, Peston had a highly publicised row with , following the latter's MacTaggart lecture. In 2010–2011, he repeatedly broke stories relating to News International's involvement with phone hacking at times which were perceived as advantageous to the company, this, combined with his relationship with senior News International figures, led to articles and comments regarding his close relationship to the organisation.

In 2010 Peston founded Speakers for Schools, a pro-bono education venture which organises speakers from the worlds of business, politics, media, the arts, science, engineering and sports to give talks for free in state schools.

On 17 October 2013, Peston was appointed Economics Editor of , replacing Stephanie Flanders who was appointed as Chief Market Strategist at JP Morgan Asset Management. He continued as Business Editor, as well until his replacement Kamal Ahmed took over the post on 24 March 2014.

On 4 October 2015, it was announced that Peston would leave the BBC to join as their Political Editor, replacing who became the main presenter of News at Ten. Peston made his last appearance on on 25 November 2015, and his first appearance on ITV's News at Ten on 11 January 2016. He had a significant scoop in April 2016, when Prime Minister stated in an interview he had profited from his father's offshore Blairmore Holdings trust, after information about the trust had been disclosed in the release.

He presents ITV's new weekly political discussion show, Peston on Sunday, which started on 8 May 2016. In 2018, the programme moved to a Wednesday night timeslot, rebranded as Peston.

In December 2019, Peston apologised for incorrectly tweeting, without verification, that a Labour activist had punched a Conservative Party adviser. Footage was soon released showing that this was not true; he later apologised for his remarks and retracted them. In 2020, he said that 's government had become , and was "more than Castro".


Awards
At the Royal Television Society's Television Journalism Awards 2008/09 Peston won both "Specialist Journalist of the Year" and "Television Journalist of the Year" for his coverage of the credit crunch and a string of 'scoops' associated with it. Also, his scoop on Lloyds TSB's takeover of HBOS won the Royal Television Society's "Scoop of the Year" award. He was voted Best Performer in a Non-Acting Role in the Broadcasting Press Guild's 2009 awards.

Peston won the 's Broadcast News Journalism Award and the Foundation's Radio Programme of the Year Award (for his File on 4, "The Inside Story of Northern Rock"). His blog won the digital media category in the Private Equity and Venture Capital Journalist of the Year Awards.

Peston received an Honorary Doctorate from Heriot-Watt University in 2010. In 2011, he was honoured as a Fellow of Aberystwyth University in recognition of "his success in journalism, his insightful writing and his contribution to the local community".


Delivery style
Peston's delivery on radio and television news has attracted comment. in described his "intonation" as "raggedy and querulous" in 2008, and described Peston as "excruciatingly hard to listen to" in 2009. Elizabeth Grice in The Daily Telegraph identified "strangulated diction" and "repetition of small words" among his traits; in the same article, maintaining he is "loads better than he was", Peston himself conceded he is "still not as polished as some".


Books
Peston published his biography of , Brown's Britain, in January 2005. It details the rivalry between Brown and the then Prime Minister . Brown's Britain was described by Sir Howard Davies, former director of the London School of Economics, as "a book of unusual political significance". The cover of the book describes how "Peston was given unprecedented access to Gordon Brown and his friends and colleagues."

In February 2008, Hodder & Stoughton published Peston's book Who Runs Britain? How the Super-Rich are Changing our Lives. In , said of it: "Reading Peston's book, you can only be flabbergasted all over again at how Labour kowtowed to wealth, glorified the City and put all the nation's economic eggs into one dangerous basket of fizzy finance."

In September 2012, Hodder & Stoughton published How Do We Fix This Mess? The Economic Price of Having it All and the Route to Lasting Prosperity. The Observer described it as "A must read...mandatory reading for anyone who wants to have a voice in where we go from here."

His book WTF? was published by Hodder & Stoughton in November 2017 and charts the events that led up to the 2016 Brexit referendum. Whistleblower, his first novel, appeared in September 2021. The protagonist is a (political reporter) for the fictional Financial Chronicle and the colourful background to the story, set at the time of the 1997 general election in Britain, reflects Peston's detailed knowledge of his subject.

(2021). 9781838775247, Bonnier Zaffre.

In September 2024, Hodder & Stoughton published How To Run Britain: Therapy For A Traumatised Nation. Preston co-wrote the book with .


Personal life
Peston married British-Canadian writer Siân Busby in 1998, and the two had a son named Maximilian. Obituary: Siân Busby, telegraph.co.uk, 6 September 2012 They had known each other since their teenage years and only rekindled their relationship after her friend, Peston's sister Juliet, was hospitalised following a car crash.Grice, Elizabeth. "Robert Peston: 'I'm not going to become smooth and phoney'", The Daily Telegraph, 24 January 2008. Retrieved 3 September 2019.

In the intervening years, Busby had been married and divorced; Peston became the step-father of her son from that marriage. Busby died in September 2012, at the age of 51, of lung cancer. In September 2018, Peston said he felt guilty after falling in love with another woman several years after his wife's death, and revealed that he was now in a relationship with author and journalist Charlotte Edwardes.

Peston lives in the area of . After his home was burgled in December 2012, he made an appeal for the return of rings that had belonged to his late wife.

Peston is a member of a band called Centrist Dad. Peston, who is the vocalist, is accompanied by John Wilson, on , and , on .

Peston was born into a non-religious Jewish family, and has described himself as culturally Jewish rather than religiously so. His father was a patron of the British Humanist Association and an Honorary Associate of the National Secular Society.


Filmography
2012The Great Euro CrashPresenter
2013Robert Peston Goes ShoppingPresenter
2014How China Fooled the WorldPresenter
2015Have I Got News for YouGuest host1 episode
2015Quelle Catastrophe! FrancePresenter
2016The Great Chinese Crash?Presenter
2016The Agenda with Tom BradbyGuest presenter
2016–2018Peston on SundayPresenter
2017Red Nose Day ActuallyHimself
2018–presentPestonPresenter


Style and titles
  • Robert James Kenneth Peston (1960–87)
  • Robert James Kenneth Peston (since 1987) (He doesn't use this, even though he is entitled to.)


See also
  • Courtesy titles in the United Kingdom#Courtesy prefix of "The Honourable"


External links

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