Generals and politicians calling for rearmament often talk about the UK facing a "1937 moment" of rising threats and a deteriorating international situation. But what actually happened in the late 1930s, and how was an indebted and cash-strapped Britain able to mobilise its industry and spend so much more on armaments? Are there similarities to today and what can we learn? We talk to historian Dan Todman about the economic and military parallels.

Presented by Jonathan Ford and Neil Collins.

With Daniel Todman.

Produced and edited by Nick Hilton for Podot.

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