Welcome to the A Long Time In Finance Podcast; the long view of finance, markets and money as seen by two veteran City editors, Neil Collins and Jonathan Ford. Sponsored by Briefcase.News and hosted on Reaction.

In the second part of our series on Northern Rock, Neil and Jonathan pick over the lessons from the 2007 collapse of the world’s most famous ex-building society with former chancellor of the exchequer, Alistair Darling, Stanford finance professor, Anat Admati, and bank expert, Dan Davies. As interest rates rise, and tremors course through financial markets, how much more robust is our banking system, and could the same meltdown happen again?