Will Dunn, the New Statesman’s business editor, is joined by the journalist and former political adviser Duncan Weldon to discuss how Britain is facing a decline like never before.

They talk about the country’s long history of economic woe and what we can learn from it, why we are feeling the current crisis more acutely than our neighbours, and if this calls for big ideas or – as Liz Truss and Kwasi Kwarteng attempted in their disastrous mini-Budget – suffers from them.

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Why Britain’s economy has never been worse, with Duncan Weldon