In a world still reeling from rapid geopolitical shifts, the question of national security and strategic autonomy has never been more pressing for the United Kingdom. The post-Second World War era of a relatively stable, rules-based international order – underpinned by multilateral institutions, shared norms, and strong Western alliances – is being challenged on multiple fronts. Nowhere was this tension clearer than in Mark Carney’s landmark address at the World Economic Forum in Davos last week, where he delivered a stark analysis of the changing global order and what it means for middle powers like the UK.
Carney’s central thesis was that the international system is not merely evolving – it is rupturing. For decades, the UK, alongside its allies, benefited from what was labelled a rules-based order: predictable trade, collective security, open sea-lanes, and multilateral dispute resolution. But that era is increasingly giving way to a world dominated by great power rivalry and economic coercion. According to Carney, we are now in “the midst of a rupture, not a transition” – a point that resonates as global leaders grapple with the reality of a more volatile geopolitical landscape.
This rupture is characterised by powerful states leveraging economic integration as a strategic tool and weapon — using tariffs, supply-chain dependencies, financial infrastructure, and energy ties to bend smaller partners to their aims. Carney warned that continuing to rely on outdated assumptions of mutual benefit is no longer tenable when integration itself can become a source of subordination.
Much of the backdrop to Carney’s analysis is the reality of the international leadership exerted by the United States under President Donald Trump, whose policies have unsettled long-standing diplomatic norms. Trump’s aggressive trade stance – including tariff threats tied to strategic interests such as Greenland – and his readiness to prioritise unilateral action over multilateral cooperation have highlighted the fragility of previous assumptions about Western unity.
While Carney refrained from naming Trump directly in his speech, the subtext was unmistakable: the security environment that the UK has long relied upon – anchored by predictable American leadership – is no longer guaranteed. The UK can no longer take for granted that allies will act within established norms or that economic integration will safeguard its interests.
What this means for the UK and for us as Liberal Democrats