As the cost-of-living crisis and rapidly rising energy prices look set to push the UK into recession, how bad is the situation and what could be done about it?The economist and journalist Duncan Weldon speaks to Will Dunn, the New Statesman’s business editor, about just how serious the crisis is, how it compares to the 1970s and why Liz Truss will find that tax cuts just won’t cut it. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.