With the ‘media froth’ surrounding the economy building, bond yields spiking and interest rates set to soar, can our economy keep defying gravity?Special guest co-pilot Nick Timothy is on hand to explain why interest rates are set to feel incredibly painful during this the Bank Of England’s 13th interest rate rise. However, Liam thinks that there is a ‘policy crunch' on the way with the political and media classes unable to leave the Bank of England and its independence alone.Also strapping in the rocket this week is author and commentator, Dr Rakib Ehsan to discuss his new book, Beyond Grievance: What the Left Gets Wrong About Ethnic Minorities. He tells the co-pilots why he thinks there are growing tensions between the liberal cosmopolitan Left and the patriotic faith based conservatism found in many ethnic communities. In light of Labour’s considerable lead in the current polls, Nick also delivers his verdict on the party’s leadership prospects. And there’s one particularly headline-worthy listener email…Read more from Liam: https://www.telegraph.co.uk/authors/liam-halligan/ |Read more from Nick: https://www.telegraph.co.uk/authors/n/nf-nj/nick-timothy/ \Listen to The Lockdown Files: https://podfollow.com/the-lockdown-files Need help subscribing or reviewing? Learn more about podcasts here: https://www.telegraph.co.uk/radio/podcasts/podcast-can-find-best-ones-listen/ |Email: planetnormal@telegraph.co.uk |For 30 days’ free access to The Telegraph: https://www.telegraph.co.uk/normal |See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.