#067 - John O'Connell - We're £12 Trillion in Debt
Release Date: 04/17/2025
The Peter McCormack Show
Former Conservative MP and Brexit Party MEP Ann Widdecombe joins Peter McCormack to expose the failure of Britain's political class, the betrayal of conservative values, and the rise of Reform UK. In the interview, she discusses mass immigration, the collapse of the Tory Party, net zero extremism, unelected civil servants, the erosion of free speech, and the growing disconnect between Westminster and ordinary Britons. Widdecombe delivers a scathing analysis of how the establishment has abandoned its duty to the nation—and why political realignment is not only inevitable, but essential.
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Nick Timothy is the Conservative Member of Parliament for West Suffolk, a political strategist, writer, and former chief adviser to Prime Minister Theresa May. With deep experience inside Westminster and a sharp critique of Britain’s political class, Nick has become one of the country’s most compelling voices for conservative reform. In this interview, Nick explains why Britain's political and economic systems are no longer fit for purpose—and why both Labour is failing the nation. We explore the root causes of Britain’s decline: broken economic thinking, a bloated and overreaching...
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Joe Bryan is a writer and thinker focused on the intersection of money, society, and freedom. With a background in finance and a deep understanding of Bitcoin, Joe is one of the most articulate critics of fiat money and the systemic damage caused by government control over currency. In this interview, Joe explains why inflation is not just an economic phenomenon but one of the greatest crimes against society. We explore how money printing distorts markets, fuels inequality, and erodes personal freedom. Joe breaks down the hidden consequences of fiat currency—rising housing costs, corporate...
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Catherine McBride is an economist, trade expert, and former member of the UK’s Trade and Agriculture Commission. With a background in finance and deep knowledge of international markets, she is one of the most vocal critics of Britain’s overregulated economy, misguided energy policies, and counterproductive approach to growth and trade. In this interview, Catherine explains why Britain is stuck in economic decline, how Net Zero is strangling industry, and why Labour’s growth promises are disconnected from reality. We discuss the damage caused by stamp duty, VAT, and employment law, the...
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John O’Connell is the chief executive of the TaxPayers’ Alliance, a UK-based campaign group advocating for lower taxes, efficient government, and greater transparency in public spending. With years of experience analysing government budgets and economic policy, he has become one of the most vocal critics of Britain’s bloated bureaucracy, broken tax code, and failing public services. In this interview, John lays out why Britain has stopped growing, how the tax burden has hit a post-war high, and why throwing more money at failing systems is making things worse. We explore the rising cost...
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Matt Le Tissier is a former England international and Premier League football legend, best known for his loyalty to Southampton, his incredible goals, and his reputation as one of the most naturally gifted players of his generation. Since retiring, he has become one of the few high-profile sports figures willing to speak out on politics, media manipulation, and the erosion of personal freedom. In this interview, Matt discusses his career, why he turned down big-money moves to stay loyal to his club, and how his life changed after questioning the government’s Covid response. We discuss his...
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Harry Miller is a former police officer, free speech advocate, and co-founder of Fair Cop, an organisation that defends individuals targeted by political policing and thoughtcrime accusations in the UK. He gained national attention after being investigated by police for a tweet and went on to challenge and defeat. In this interview, Harry breaks down how UK police forces have become ideological enforcers, recording "non-crime hate incidents" and knocking on doors to "check people's thinking." We explore how woke ideology has captured British institutions, why free speech is under attack from...
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Steven Barrett is a leading UK barrister, legal writer, and constitutional expert who has become one of the sharpest critics of Britain’s bloated, dysfunctional legal system. In this interview, Steven lays out how the rule of law in Britain has been quietly hollowed out by bad legislation, unelected regulators like Ofcom, and a political class addicted to complexity and control. We discuss the rise of a two-tier justice system, the explosion of “law inflation,” and how vague, unreadable rules are being used to censor speech, shield the powerful, and trap ordinary people. Steven explains...
info_outlineJohn O’Connell is the chief executive of the TaxPayers’ Alliance, a UK-based campaign group advocating for lower taxes, efficient government, and greater transparency in public spending. With years of experience analysing government budgets and economic policy, he has become one of the most vocal critics of Britain’s bloated bureaucracy, broken tax code, and failing public services.
In this interview, John lays out why Britain has stopped growing, how the tax burden has hit a post-war high, and why throwing more money at failing systems is making things worse. We explore the rising cost of living, the impact of over-regulation on small businesses, and how poorly designed taxes like inheritance tax and stamp duty are crippling opportunity and ambition. John argues that political reform, economic discipline, and a simpler tax code are the only way to reverse the UK’s stagnation and unlock real growth for working people.