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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 204 Articles
  • 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 [...]

  • 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.

  • Could the Labour Party just disappear?

    September 3, 2025

    The Labour Party has been a prominent feature of British politics for a century. But could it now just vanish?  

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