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Nick Cohen gets The Lowdown from leading economist Danny Blanchflower CBE - onetime external member of the Bank of England's interest rate-setting Monetary Policy Committee.

Danny foresaw economic woes mounting up in 2007 and predicted a crash - a year or so before the start of the bank collapses that led to the Great Recession. 

Since then, the Tories have visited on the country one failed economic project after another - austerity, Brexit, Trussanomics. Now the average Brit is forced to pay what's been called the "Moron Premium"  for their chronic incompetence - higher food prices, extortionate energy bills and more expensive mortgages, while a failing economy stagnates in recession.

The Tories have predictably descended into  in-fighting and sinister culture wars as they await their inevitable rout at the next election. But what can Labour do to pull the UK economy out of its current death spiral?

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