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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 215 Articles
  • A state of the nation tale: The National Rail Museum won’t accept a model railway set

    Opinion

    From museums that won't accept model railway sets to the NHS's refusal to share data, British inefficiency is costing us billions.

    Detailed model railway set showcasing intricate train tracks and miniature landscapes for hobby enthusiasts.
  • Labour is doomed to irrelevance

    Opinion

    Social democratic parties across Western Europe have failed after abandoning support for capitalism and pursuing woke agendas. The same will happen to Labour, says Paul Ormerod So Keir Starmer wants a reset with the European Union. In typical Starmer fashion, it is as clear as mud as to what this will actually involve. But there [...]

    Labour MPs discussing policy changes during a parliamentary session, with expressions of focus and engagement in the chamber
  • It’s not the Bank of England’s job to support the Chancellor

    Opinion

    the Bank of England's MPC is acting as if its role is to support the Chancellor and protect the real economy, rather than control inflation.

    Andrew Bailey, Bank of England governor, discusses economic policy during a press conference at the central bank headquart...
  • Voters have not understood the reality of a zero growth economy

    April 23, 2026

    Since 2019, UK national income per head has grown by just 0.1 per cent a year on average. In other words, essentially zero growth. It means that the resources available to the economy, whether for private or public use, do not change, says Paul Ormerod Does life imitate art? Evelyn Waugh’s comic masterpiece Vile Bodies, [...]

  • Forget Oasis, dynamic pricing could be coming for your weekly shop

    April 17, 2026

    The rise of big data means dynamic pricing is easier to implement. Paul Ormerod asks what this could mean for consumers's everyday shopping.

  • Zack Polanski’s public spending plans are pure fantasy

    April 8, 2026

    Advisors to the Green Party are advocating Modern Monetary Theory, It’s been tried before and proved a disaster, says Paul Ormerod The Green Party is riding high in the polls – a recent survey puts them joint top, with Labour in fourth place.   On the economics front, this raises once again the spectre of Modern [...]

  • Forget ‘price gouging’ – this is where competition is really failing

    April 1, 2026

    Rachel Reeves is scapegoating supermarkets for rising oil prices while ignoring algorithms that can learn ant-competitive pricing strategies, says Paul Ormerod The government is desperately trying to convince the public that it is doing something about the potential economic crisis which is unfolding. The public finances are a severe constraint on its ability to throw [...]

  • Plaid Cymru would bankrupt an independent Wales on day one

    March 26, 2026

    The local elections will likely see Labour lose the grip it has held on Wales since the inception of the Senedd. If Plaid Cymru does indeed form the next government, the UK might usefully acclimatise them to what life would be like under independence, says Paul Ormerod The swathe of local elections which are due [...]

  • It’s not the oil price, it’s the government response that matters

    March 18, 2026

    Like most commodities, oil has fluctuated in price very substantially over time with regrettable effects on household incomes. But the biggest mistake would be to try to protect living standards as a whole when the country has been made worse off, says Paul Ormerod Shock, horror, the oil price is over $100 a barrel. The [...]

  • How universities became a marketplace for academic slop

    March 11, 2026

    Pressure to publish papers mean universities have become awash with fake papers and scientific fraud, writes Paul Ormerod.

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