Is Britain entering an age of permanent political fragmentation? As Labour falters despite its landslide victory, Reform UK surges, the Greens flirt with wealth taxes, and the Conservatives search for renewed purpose under Kemi Badenoch, the old certainties of British politics are unravelling. Across the Atlantic, Donald Trump’s second term has proved no less turbulent — from the collapse of his Department of Government Efficiency to a tariff regime that’s shaken the global trading order.

In this end-of-year review, Marc Sidwell is joined by Joseph Dinnage, Deputy Editor of CapX, to take stock of a chaotic political year. Together they explore why reform has proved so elusive, how populism is reshaping both left and right, and what Trump’s unpredictability means for Britain, Europe and the global economy.

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