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 195 Articles

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

Opinion

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

Opinion

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 [...]
Ed Miliband’s pay now buy later climate policy

September 17, 2025

Behavioural economics teaches us that consumers weigh benefits received and costs incurred in the present much more heavily than if they’re in the distant future. That’s a problem for net zero policy makers like Ed Miliband, says Paul Ormerod The headlines are full of bad news for Kier Starmer. But an important story last week [...]
Tube strikes: With union ingratitude on full display, will Labour finally change course?

September 9, 2025

As Tube strikes bring London to a halt, Labour must realise its pushover relations with trade unions have been to no avail, writes Paul Ormerod.

Labour’s biggest union backer eyes party split

Icons, purpose and gastronomy: How brands can win at the 2026 World Cup

Always Remember: The Boy, The Mole and the Millennial Losers buying this drivel

By: Paul Ormerod

All 195 Articles

Subscribe