#102 - John Redwood - Lessons from Thatcher, Warnings for Starmer

The Peter McCormack Show

Sir John Redwood has been inside Downing Street and the Treasury. He’s seen the machine up close and he’s not impressed. Sir John explains why the Office for Budget Responsibility (OBR) and Treasury models are flawed, how Ireland beat Britain with smarter tax policy and what Thatcher got right that no one today is willing to say out loud. CONTACT PETE › Website - http://petermccormack.com › Feedback - https://www.petermccormack.com/contact › Email - [email protected] › Instagram - /mccormack555 › X/Twitter - https://x.com/petermccormack/ CONNECT WITH JOHN REDWOOD › X/Twitter - https://x.com/johnredwood SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/ › Casa - https://casa.io/ › Incogni - https://incogni.com/peter - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: (0:00) – Introduction (1:25) – Why government keeps making things worse (4:14) – Taxing education & small business (9:47) – Should we abolish the OBR? (14:05) – Government too big, taxes too high (18:52) – Are we heading toward another 1970s crisis? (21:43) – How Thatcher fixed the mess (31:28) – What would Thatcher think today? (34:12) – Labour's economic strategy collapsing (37:06) – Why Redwood entered politics (48:34) – The water crisis & foreign ownership (55:16) – What Thatcher got right (58:59) – Jealousy politics & public perception (1:02:20) – Why deregulation & low taxes aren’t a hard sell (1:04:57) – Two-tier justice: public vs private sector failure (1:07:26) – What makes a great Prime Minister? (1:09:34) – Will Starmer survive a full term? (1:12:04) – Rise of Reform & collapse in turnout (1:18:17) – Should we audit the Bank of England? (1:25:47) – The personal cost of political conviction - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE TO THE PODCAST › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -