By: Paul Ormerod

Paul Ormerod is an economist at Volterra Partners LLP, author and an Honorary Professor at the Alliance Business School at the University of Manchester

All 197 Articles

Venezuela proves farce of political forecasting

Opinion

If history teaches us anything, it's that political forecasters almost always get it wrong. Just look at Venezuela, writes Paul Ormerod.
The government is using Brexit as a scapegoat for its own failures

Opinion

Keir Starmer is clearly manoeuvring to get Britain to rejoin the EU – but Brexit is not to blame for Britain’s appalling growth record, says Paul Ormerod David Lammy, the deputy Prime Minister, chose last week to reopen the issue of the UK rejoining the EU. Asked if we will go back into the customs [...]
Here’s what should really bother Chancellor about the OBR

Opinion

An unprecedented row has broken out between the Chancellor and the OBR about short-term productivity forecasts, but what should really worry Reeves is the long-term projections for debt, says Paul Ormerod The row – no, the furore – between the Chancellor, Rachel Reeves, and the Office for Budget Responsibility (OBR) is unprecedented. The resignation of [...]

Whatever Reeves announces today, Britain is still paying for lockdown

November 26, 2025

The Labour Party were great enthusiasts for lockdown, demanding longer and harsher restrictions. The costs of this folly have now caught up with them as the Budget today will demonstrate, says Paul Ormerod Regardless of the precise measures brought in by the Chancellor, Rachel Reeves, in the Budget to be announced today, a fearful spectre [...]
My advice for Rachel Reeves? Learn how to spin a yarn

November 19, 2025

Economic history shows us the importance of a narrative. If Rachel Reeves wants to help the economy, she needs to learn how to tell a story.
NHS must stop prioritising staff convenience over public health

November 12, 2025

Falling productivity, striking doctors and a refusal to embrace new technology: the NHS is not run for 'us' at all, writes Paul Ormerod.
Nobel Prize winners’ message is clear: Excessive taxation inhibits growth

October 22, 2025

This year's economics Nobel Prize winners make it clear that the UK's path of high taxation will destroy growth, writes Paul Ormerod.
Why cutting spending is now the only way to revive the economy

October 16, 2025

With Brits stashing away cash in fear of further tax hikes under Labour, cutting spending is now the only way forward to grow the UK economy.
Rachel Reeves vs the Hydra (the black hole that keeps on growing)

October 8, 2025

Super-heroine Rachel Reeves is in battle with a mythical beast that keeps multiplying, and the OBR won't help her, writes Paul Ormerod.
Does Bank Rate really control inflation?

September 26, 2025

Despite the Bank of England’s claim that Bank Rate controls inflation, recent policy decisions — including cutting rates while inflation stayed high — suggest the relationship is weak, inflation is more persistent than expected, and the MPC may be underestimating how hard it is to bring prices down, says Paul Ormerod The Bank of England [...]

Trump official warns UK on ‘Russia-style’ X ban after Grok row

LA is the future of sport and coming for London’s crown as global capital

We reveal England’s most ‘fucked’ pub thanks to Is My Pub Fucked

By: Paul Ormerod

All 197 Articles

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