I discuss the latest defections to Reform UK, why Nigel Farage still represents a political cul-de-sac rather than a governing future, and what these shifts say about the Conservative Party’s decline.
I also look at Keir Starmer’s trip to China, the reality behind the so-called “sophisticated relationship”, and the uncomfortable truth about Britain trying to negotiate alone in a world dominated by large trade blocs.
Along the way I touch on Peter Mandelson, Labour’s leadership dilemma, Andy Burnham, Davos and the wider question of whether Brexit has left Britain trying to play a role in the world that no longer exists.