Newly-appointed Malcolm Offord, who became a Tory life peer in 2021, plans to stand for Holyrood in May UK politics live – latest updates Newly-appointed Malcolm Offord, who became a Tory life peer in 2021, plans to stand for Holyrood in May UK politics live – latest updates The multimillionaire financier who has been made leader of Reform UK in Scotland has refused to say how wealthy he is, claiming that is a private matter. Malcolm Offord, formerly a Conservative party life peer, was unveiled