Inflation

Inflation is at a 30 year high. David Aaronovitch looks back to the 1970s when prices - and wages - soared. Are we returning to those times and how worried should we be? Joining him in The Briefing Room are: Stephanie Flanders, Head of Bloomberg Economics. Merryn Somerset Webb, editor-in-chief, Moneyweek. Torsten Bell, chief executive, The Resolution Foundation. Duncan Weldon, economist and author of "Two Hundred Years of Muddling Through" and "The Value Added Newsletter". Producers: Kirsteen Knight, Ben Henderson and Rosamund Jones Studio manager: Neil Churchill Production co-ordinators: Sophie Hill and Siobhan Reed Editor: Richard Vadon