Britain's unpopular Labour government just scored a thumping by-election victory, but what could look like a blueprint for combating a populist opponent could actually be a warning for Anthony Albanese.

Team Albanese believe economic outcomes can be directly controlled by government. Wrong. Good economic outcomes are the product of sound fundamentals.

Britain's unpopular Labour government just scored a thumping by-election victory, but what could look like a blueprint for combating a populist opponent could actually be a…