Ah, the World Economic Forum: that annual jamboree for plutocratic banksters, avaricious industrialists and superannuated spongers to come together in an orgiastic eulogy to global capital. Sir Keir Starmer is among those in Davos this week as part of the party’s latest enterprise initiative. For where better place for a Labour leader to demonstrate his progressive credentials?

The purpose of such schmoozing is two-fold.