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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 229 Articles
  • Son-of-a-toolmaker Starmer is a poor workman

    January 22, 2026

    Successful organisations, from businesses to governments, work best when their leaders are able to articulate a clear, long-term vision, says Paul Ormerod Keir Starmer has been complaining that the machinery of government does not work properly. When he pulls a policy lever, very little happens. This has provoked a public argument with the health secretary, [...]

  • Labour is leading Britain on an economic death march

    January 14, 2026

    Keir Starmer’s premiership looks to be over but, unlike great Labour leaders of the past, none of his possible replacements has a vision for growth, says Paul Ormerod To all intents and purposes, an election campaign for the position of leader of the Labour Party is currently underway. In fact, it has been for some [...]

  • Venezuela proves farce of political forecasting

    January 6, 2026

    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

    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.

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