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 226 Articles

The government is using Brexit as a scapegoat for its own failures

December 10, 2025

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

December 3, 2025

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 [...]
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 [...]

Burnham accused of ‘piecemeal’ business rates reform

Was Fifa able to sack senior exec Lamour without consequences? A lawyer explains

Maserati GranTurismo Trofeo Review: 550hp, 199mph and Nearly £200k – Is It Worth It?

By: Paul Ormerod

All 226 Articles

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