You don’t need a degree in economics to know the UK economy is in a pretty bad place at the moment.

But you do need to know a fair bit about numbers to understand why, and what needs to be done about it.

Fortunately, we have our own expert on hand to bring you up to speed in just 15 minutes.

Inspired by his wife's own demand for understanding, Business and Economics Editor Joel Hills tells Lucrezia Millarini what you need to know…