All Episodes

August 5, 2025 88 mins

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 - me@petermccormack.com
› 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

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

 

Mark as Played

Advertise With Us

Popular Podcasts

Stuff You Should Know
Crime Junkie

Crime Junkie

Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.

24/7 News: The Latest

24/7 News: The Latest

The latest news in 4 minutes updated every hour, every day.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.