Tavistock’s David Cracknell meets with The Sunday Times’ Economics Editor, David Smith, to discuss whether there is light at the end of the political tunnel. Their conversation covers the effects of the biggest UK recession in 300 years, whether the recent budget will help the Tories get ahead in the polls, and if its smart party policies or “mood music” that decide elections.

David Smith has been Economics Editors of the Sunday times since 1989. He is also chief leader-writer, assistant editor and policy adviser, as well as being the author of several books and a visiting professor at Cardiff and Nottingham Universities.