Britain Is Spending More and Getting Worse - Lord Malcolm Offord (Video)
In this 25 May 2026 published video, host Peter McCormack talks with Lord Malcolm Offord on why Britain and Scotland are spending more, taxing more and regulating more – while ordinary people feel poorer, public services feel worse, and voters increasingly believe nothing changes.
Offord argues that Britain has not created real wealth for a generation. He explains why Scotland is a warning sign for the rest of the UK, why state spending has risen without improving services, how quantitative easing protected asset owners and locked out young people, and why the choice ahead is between a welfare economy and a wealth economy.
https://youtu.be/IsUZa85brQE
TIMESTAMPS:
00:00 – Britain Forgot How to Create Wealth
01:01 – Two Revolutions at Once
01:36 – Is Democracy Fragmenting?
05:36 – Is the State Too Dysfunctional to Deliver?
07:30 – Spending More and Getting Less
08:42 – Scotland’s Political Warning
10:06 – “I Won’t Vote for Decline”
11:22 – Britain Has Stopped Creating Wealth
13:21 – How to Think vs What to Think
16:50 – Why First Jobs Matter
23:12 – Business Prevention Officers
27:14 – Trickle-Up Economics
30:34 – QE Protected the Rich
37:31 – The Managerial Class
40:48 – Parliament vs the Public
44:42 – Why Voters Are Fed Up
50:28 – Can Reform Fix the System?
55:05 – Welfare Economy vs Wealth Economy
58:37 – Can the State Get Any Bigger?
1:04:34 – Britain Is Being Left Behind
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