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Malcolm Offord

(Redirected from Lord Offord of Garvel)

Malcolm Ian Offord, Baron Offord of Garvel, CVO (born 5 September 1964) is a Scottish financier and Conservative Party politician in the House of Lords. He served as Parliamentary Under-Secretary of State for Exports until his party lost the 2024 General Election.

The Right Honourable
The Lord Offord of Garvel
CVO
Official portrait, 2021
Parliamentary Under-Secretary of State for Exports
In office
24 April 2023 – 5 July 2024
Prime MinisterRishi Sunak
Preceded byAndrew Bowie
Succeeded byGareth Thomas
Parliamentary Under-Secretary of State for Scotland
In office
4 October 2021 – 29 February 2024
Serving with Iain Stewart (2021–2022)
David Duguid (Sept–Oct 2022)
John Lamont (2022–2024)
Prime Minister
Preceded byDavid Duguid
Succeeded byThe Lord Cameron of Lochiel
Member of the House of Lords
Lord Temporal
Incumbent
Assumed office
14 October 2021
Life Peerage
Personal details
Born (1964-09-05) 5 September 1964 (age 60)
Greenock, Inverclyde, Scotland
Political partyConservative
Alma materUniversity of Edinburgh

Early life and career

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Offord was born in Greenock,[1] in September 1964.[2][3] He was educated at Ardgowan Primary School and Greenock Academy, and graduated in Law from the University of Edinburgh.[4]

Offord worked at the merchant bank Lazard from 1987 until 1993, in the corporate finance department, specialising in mergers and acquisitions. In 1994, he began his private equity investing career with 3i plc, followed by two years at Bankers Trust of New York, where he was managing director of European Acquisition Finance.[5]

In 1998, he joined Charterhouse Capital Partners as a partner and remained there for sixteen years, investing in four European private equity funds before retiring as senior partner in December 2013.[5]

Offord is the founder and chair of Edinburgh-based private equity company, Badenoch and Co.[6] He has donated £147,500 to the Conservative Party.[7]

Political career

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Offord was a member of the Advisory Board at the Centre for Social Justice,[8] a right-wing think-tank established by former Conservative Party leader Iain Duncan Smith. In 2009, he wrote a paper called "Bankrupt Britain" in which he called for reforms to public spending.[9]

During the campaign leading up to the 2014 Scottish independence referendum Offord was one of the directors (between 18 March 2014 and 1 January 2015) of an astroturfed[10][11] campaign group called Vote No Borders Campaign[12][8] that spent £147,510 (just short of the £150,000 limit).[13] The group attracted controversy when it created an advert claiming that after independence Scots would struggle to get treatment at Great Ormond Street Hospital; the hospital objected that they hadn't been consulted, the claim wasn't true and asked for the advert to be withdrawn.[14][15] Four years after the referendum the group received further attention as it missed a deadline to file accounts with Companies House.[13] The Vote No Borders Campaign was dissolved 7 June 2016.[16]

At the May 2021 Scottish Parliament election, Offord stood as a Scottish Conservatives list candidate for the Lothian electoral region, but having been placed fifth on the list he failed to gain a seat.[17][18] His selection had been criticised by other Conservatives as "cronyism".[19] One Conservative told the Edinburgh Evening News: "It seems all you need to get an endorsement is to have deep pockets."[20] The article also mentioned that Offord’s support of the Conservatives goes back at least 14 years, with the businessman donating £15,000 as recently as November 2019.[19]

During the 2021 election campaign, Offord wrote a series of essays entitled "The United Kingdom: Why Scotland Should Remain",[21] some of which were published by Reform Scotland,[22] Policy Exchange[23] and The Spectator.[24] One of Offord's essays published on the Reform Scotland think tank website cited the Government Expenditure and Revenue Scotland report in which he proposed that "It should be a matter of principle and pride for any Scottish government, Unionist or Nationalist, to reduce the gap between expenditure and revenue in Scotland. I do not want the case for the Union in Scotland to be built on the idea of dependency; I want our Union to be constructed on the idea of mutual benefit and reciprocity where England, Scotland, Wales and Northern Ireland all do their best to raise and share resources for the common good. Whether pro-Union or pro-Independence, this is a goal we should all unite around."[25]

On 30 September 2021, it was announced that he would be made a life peer upon his appointment as Parliamentary Under-Secretary of State for Scotland.[26][1] He was chosen instead of two Scottish Conservative MPs, Andrew Bowie and John Lamont.[18] He was appointed on 4 October 2021.[27][1] He was created Baron Offord of Garvel, of Greenock in the County of Renfrewshire, on 14 October and introduced to the House of Lords the next day.[28][27][29] He should have made his maiden speech as a Lord in December 2021. However, he could not do so because he was self-isolating and gave the speech on 20 January 2022 instead.[30][31]

Offord was reappointed as a Parliamentary Under Secretary of State in the Scotland Office by both Liz Truss[32][33] and Rishi Sunak.[34] In April 2023 he was appointed by Rishi Sunak as a Parliamentary Under Secretary of State in the Department for Business and Trade, in addition to his role as a Parliamentary Under Secretary of State in the Scotland Office.[35] He stepped down from the Scotland Office upon Donald Cameron's appointment to the House of Lords and as Parliamentary Under Secretary for Scotland.[36]

He was appointed Commander of the Royal Victorian Order (CVO) in the 2024 New Year Honours for services as a trustee of the Duke of Edinburgh's Award Scheme.[37]

Notelist

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References

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  1. ^ a b c "Lord Offord of Garvel". GOV.UK. Retrieved 4 September 2022.
  2. ^ Offord, Ian (1 June 2021). "Seven essays on the value of the United Kingdom to Scotland, her people and our future" (PDF). badenoch.scot. Archived (PDF) from the original on 30 September 2021. Retrieved 9 October 2021.
  3. ^ "Malcolm Offord". api.parliament.uk. Retrieved 29 June 2022.
  4. ^ "Lord Offord of Garvel". Badenoch & Co. Archived from the original on 30 September 2021. Retrieved 4 September 2022.
  5. ^ a b "Our People". Badenoch & Co. 4 September 2022. Retrieved 2 September 2022.
  6. ^ "Our People - Lord Offord of garvel". badenoch.scot. Retrieved 4 September 2022.
  7. ^ Walker, Peter (30 September 2021). "Tory donor made life peer and appointed as government minister". The Guardian. Archived from the original on 30 September 2021. Retrieved 4 September 2022.
  8. ^ a b Carrell, Severin (1 May 2014). "Financier launches 'No Borders', a referendum campaign for 'unpolished' voters who back the union". The Guardian. Retrieved 4 September 2022.
  9. ^ Offord, Malcolm (February 2009). "Bankrupt Britain" (PDF). Conservative Home. Archived (PDF) from the original on 6 March 2009. Retrieved 4 September 2022.
  10. ^ Harris, Graham (2 May 2014). "Astroturf Democracy". Bella Caledonia. Archived from the original on 7 May 2014. Retrieved 4 September 2022.
  11. ^ Gardiner, Michael (19 July 2015). Time and Action in the Scottish Independence Referendum London Palgrave Macmillan p 2013 ISBN 9781137545947. Springer. ISBN 9781137545947. Archived from the original on 15 October 2021. Retrieved 3 October 2021.
  12. ^ "No Borders Campaign overview - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 4 September 2022.
  13. ^ a b Gordon, Tom (10 January 2016). "Big-spending No campaigner fined for failing to produce accounts". The Herald (Glasgow). Archived from the original on 3 October 2021. Retrieved 4 September 2022.
  14. ^ "Scottish independence: Vote No Borders advert pulled over child hospital claim". BBC News. 30 May 2014. Retrieved 4 September 2022.
  15. ^ Johnson, Simon (29 May 2014). "Anti-Scottish independence group withdraws cinema advert". www.telegraph.co.uk. Archived from the original on 29 May 2014. Retrieved 4 September 2022.
  16. ^ "No Borders Campaign filing history - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 4 September 2022.
  17. ^ Walker, Peter (30 September 2021). "Tory donor made life peer and appointed as government minister". The Guardian. Archived from the original on 30 September 2021. Retrieved 4 September 2022.
  18. ^ a b Matchett, Connor (30 September 2021). "Unelected millionaire dogged by 'cronyism' accusations given peerage and Scottish ministerial role by UK Government". www.scotsman.com. Archived from the original on 3 October 2021. Retrieved 4 September 2022.
  19. ^ a b Matchett, Connor (9 February 2021). "Scottish Tories face 'cronyism' accusations after £150,000 donor wins Lothians list seat endorsement". www.edinburghnews.scotsman.com. Archived from the original on 3 October 2021. Retrieved 4 September 2022.
  20. ^ Matchett, Connor (9 February 2021). "Scottish Tories face 'cronyism' accusations after £150,000 donor wins Lothians list seat endorsement". www.edinburghnews.scotsman.com. Archived from the original on 3 October 2021. Retrieved 4 September 2022.
  21. ^ Offord, Malcolm (1 June 2021). "Seven essays on the value of the United Kingdom to Scotland, her people and our future" (PDF). badenoch.scot. Archived from the original on 30 September 2021. Retrieved 4 September 2022.
  22. ^ Offord, Malcolm (6 April 2021). "How to turbo-charge Scotland's economy - Malcolm Offord - Reform Scotland". reformscotland.com. Retrieved 4 September 2022.
  23. ^ Offord, Malcolm (8 April 2021). "Why Sterling is the UK's silver bullet". Policy Exchange. Retrieved 4 September 2022.
  24. ^ Offord, Malcolm (8 April 2021). "A sterling plan to save the Union | The Spectator". www.spectator.co.uk. Retrieved 4 September 2022.
  25. ^ Offord, Malcolm (6 April 2021). "How to turbo-charge Scotland's economy - Malcolm Offord - Reform Scotland". reformscotland.com. Retrieved 4 September 2022.
  26. ^ Walker, Peter (30 September 2021). "Tory donor made life peer and appointed as government minister". the Guardian. Archived from the original on 30 September 2021. Retrieved 4 September 2022.
  27. ^ a b "Parliamentlive.tv". parliamentlive.tv. Retrieved 4 September 2022.
  28. ^ Webster, Laura (13 October 2021). "New Scotland Office minister Malcolm Offord given official Lords title". The National. Archived from the original on 13 October 2021. Retrieved 13 October 2021.
  29. ^ Gordon, Tom (14 October 2021). "Millionaire Tory donor Malcolm Offord takes seat in Lords". HeraldScotland. Retrieved 4 September 2022.
  30. ^ "Lord Offord of Garvel makes maiden speech in House of Lords". GOV.UK. Retrieved 4 September 2022.
  31. ^ "Scotland: Economic Recovery and Renewal". hansard.parliament.uk. 9 December 2021. Retrieved 4 September 2022.
  32. ^ "Ministerial Appointments: September 2022". gov.uk. 6 September 2022. Retrieved 21 September 2022.
  33. ^ "Secretary of State for Scotland The Rt Hon Alister Jack MP". gov.uk. 21 September 2022. Retrieved 21 September 2022.
  34. ^ "Ministerial Appointments commencing: 25 October 2022". GOV.UK. Retrieved 30 October 2022.
  35. ^ Prime Minister's Office, 10 Downing Street, Prime Minister's Office, 10 Downing Street (21 April 2023). "Press release: Ministerial Appointments: April 2023. Prime Minister's Office, 10 Downing Street". www.gov.uk.{{cite web}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
  36. ^ "Tory MSP Donald Cameron quits Holyrood to take up peerage and Scotland Office job". The Herald. 9 February 2024. Retrieved 16 February 2024.
  37. ^ "No. 64269". The London Gazette (Supplement). 30 December 2023. p. N4.
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