This week, Grace speaks to Aeron Davis, professor of political communication at Victoria University in Wellington, New Zealand and author of the new book Bankruptcy, Bubbles, and Bailouts: An Inside History of the Treasury Since 1976. They discuss the treasury and its role in promoting the financialisation of the UK economy, how it has contributed to various crises over the last 40 years, and its wider relationships with other state institutions. They also discuss the involvement of the treasury in recent governments, and how that might change under the new PM, Rishi Sunak.

You can support our work on the show by becoming a patron. Thanks to our producer Conor Gillies and to the Lipman-Miliband Trust for making this episode possible.