Nigel Farage and Sir Ed Davey may sit on opposite ends of the political spectrum, yet both share a flair for spectacle — deft at seizing headlines, even when the substance is thinner than the show.

Reform UK’s proposal to scrap the route to permanent residency for migrants marks a striking departure from the policies of Britain’s main parties. But beyond all the talk, what would such a move really mean for the economy? CapX’s Marc Sidwell speaks with Daniel Freeman of the Institute of Economic Affairs and Maxwell Marlow of the Adam Smith Institute to separate fact from fiction.

Elsewhere, the Liberal Democrats are often cast as too staid to capture attention – yet their strong election performance suggests that there may, in fact, be an appetite for more measured politics. And across the Atlantic, freedom of speech is often celebrated as a cornerstone of American life. The recent controversy surrounding Jimmy Kimmel, however, underlines how contested the principle has become – in the US as much as in Europe. As the digital age reshapes debate, are our assumptions about liberty shifting too?

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What if the real revolution isn’t coming from the Left — but from the forgotten champions of free markets and personal freedom?

In this special edition of Despatch, former Conservative MP Steve Baker lays out a bold and urgent case for a political reawakening. With the UK economy stumbling under the weight of high taxes, ballooning debt, and bureaucratic drift, Steve argues that the real danger isn’t populism — it’s the slow death of freedom under a stifling managerial consensus.

Launching his new movement Fighting for a Free Future, Steve says we're facing a huge crisis and we need a paradigm shift: a return to the principles that once lifted billions out of poverty and could do so again — if only we had the courage to unleash them.

Drawing inspiration from Leonard Read’s classic essay "I, Pencil" and Argentina’s dramatic turnaround under President Javier Milei, this episode is a passionate reminder that voluntary cooperation, not state coercion, lies at the heart of human progress.

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Is the centre-right cracking? From Westminster defections to French fiscal chaos, this week has delivered a sharp shock to Europe’s conservative mainstream. In London, Tory MP Danny Kruger crossed the floor to join Reform UK, denouncing his former party as “over.” In Paris, a fresh downgrade to France’s credit rating has cast a long shadow over President Macron’s government as strikes loom and talk of wealth taxes rattles business leaders.

In this timely edition of The Capitalist, host Marc Sidwell is joined by policy analyst François Valentin and Conservative Home deputy editor Henry Hill to explore what these moments reveal about the state of centre-right politics across the continent. Are voters turning away from moderation? Can mainstream parties adapt — or are they being outflanked on both sides?

Sharp analysis, calm insight — and the questions every serious observer of European politics should be asking.

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