Sir Keir Starmer is right to argue that the era of globalisation is over after Donald Trump’s damaging retreat into protectionism and zero-sum mercantilism. “The world as we knew it has gone,” the prime minister said.
This week, Sir Keir will announce more measures to boost growth, including elements of his government’s long-awaited industrial strategy “to help shelter British business from the storm”. He is correct to diagnose that the new world will require more interventionist government, and that the UK’s tendency “to muddle through” in a crisis will not be enough this time.
