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Paul Ormerod

Paul Ormerod

City A.M.

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The history of rail suggests renationalisation will make little difference

A British Rail Electric Multiple Unit Passenger train on a demonstration run through Watford Junction on 23 August 1965 at Watford Junction, London,...

03.05.2024 30

City A.M.

Paul Ormerod

Have we passed peak electric car?

Labour has unveiled its plans for the car industry which it says could create 80,000 jobs. Electric cars have not become better or cheaper fast...

24.04.2024 20

City A.M.

Paul Ormerod

Beneath the jargon, Bernanke delivers devastating critique of the Bank of England

Leading economist Ben Bernanke has exposed the flawed modelling and out-of-date technology behind the Bank’s failures to forecast inflation, says...

17.04.2024 9

City A.M.

Paul Ormerod

Scotland’s risible hate crime law is an incentive for the police to fail

File photo dated 26/02/24 of Humza Yousaf who has dismissed as “ludicrous” and “completely untrue” suggestions of a conflict of interest over...

10.04.2024 10

City A.M.

Paul Ormerod

As Derby’s historic rail industry declines, it should look to Redcar for a model of letting go

Locals and children play on the surf at high tide on Redcar beach in the shadow of the Corus Steelworks in Teeside, on July 21, 2008, in...

03.04.2024 50

City A.M.

Paul Ormerod

The big challenge isn’t funding public services, it’s making them productive

With the public sector no more efficient than it was in the late 1990s, it’s time to start seriously scrutinising our public services, writes Paul...

27.03.2024 10

City A.M.

Paul Ormerod

What if the OBR too optimistic about growth?

LONDON, ENGLAND – MARCH 15: UK Chancellor Jeremy Hunt leaves Downing Street with the despatch box to present his spring budget to parliament on...

21.03.2024 7

City A.M.

Paul Ormerod

For once, Humza Yousaf has set an example other politicians should follow

File photo dated 26/02/24 of Humza Yousaf who has dismissed as “ludicrous” and “completely untrue” suggestions of a conflict of interest over...

15.03.2024 10

City A.M.

Paul Ormerod

Tech is in turmoil – but there is an upside

Tech funds were the best performing throughout January, gaining 4.8 per cent. There’s no need to panic about cutbacks and uncertainty around AI,...

06.03.2024 7

City A.M.

Paul Ormerod

Interest rates aren’t as influential as you think

Bank of England Andy Haldane’s criticisms of the Bank of England’s persistence with higher rates are misguided. Just as near-zero rates...

28.02.2024 7

City A.M.

Paul Ormerod

Ricardian Equivalence and why Britain’s really in a recession

English economist David Ricardo (1772-1823). theorised that consumers would respond to debt-financed government spending by saving more in...

21.02.2024 10

City A.M.

Paul Ormerod

There’s a solution to dire public services: make our public sector more productive

Public services like healthcare are hardly more productive than 25 years ago If productivity can be raised, more services can be provided to the...

14.02.2024 9

City A.M.

Paul Ormerod

Academics publishing pointless papers is another sign of a dire crisis in universities

With lecturers incentivised to carry out worthless research and students let in on ability to pay, it is high time universities were reformed, writes...

07.02.2024 9

City A.M.

Paul Ormerod

Marriage: Romantics bemoan its demise but so should economists

As the share of adults in the UK who are married drops below 50 per cent for the first time ever, economists as well as romantics should be concerned,...

31.01.2024 10

City A.M.

Paul Ormerod

Port Talbot closure highlights uncomfortable truth about clinging onto the past

24th January 1949: Workers leaving the Steel Company of Wales works at Port Talbot at the end of the afternoon shift. (Photo by Topical Press...

24.01.2024 7

City A.M.

Paul Ormerod

They may be annoying, but Gen Z’s quarter life gap years are economically rational

Gen Z have been lambasted as lazy, but their desire to push back the corporate timeline makes economic sense, writes Paul Ormerod Generation Z has...

17.01.2024 7

City A.M.

Paul Ormerod

A look at Germany shows the UK’s growth problem is not a Brexit phenomenon

BERLIN, GERMANY – JANUARY 17: Farmers from across Germany march to protest against industrialized agriculture, the TTIP trade agreement and...

10.01.2024 5

City A.M.

Paul Ormerod

May Cameron’s Wellbeing Unit rest in peace, money can buy happiness after all

As the government prepares to shut its ‘happiness unit’ , Paul Ormerod looks at why focusing on GDP is more likely to boost the country’s...

03.01.2024 7

City A.M.

Paul Ormerod

Tougher borders won’t stop Britain from being overwhelmed by illegal migration

ROME, ITALY – DECEMBER 16: Italian Prime Minister Giorgia Meloni and UK Prime Minister Rishi Sunak attend ‘Atreju 2023’ Conservative Political...

20.12.2023 9

City A.M.

Paul Ormerod

The vast social costs of Covid lockdowns are clear, so why is the inquiry silent?

Boris Johnson during the Covid-19 pandemic briefings. (Photo by Jack Hill – WPA Pool/Getty Images) The pandemic-era lockdowns had crushing social...

13.12.2023 10

City A.M.

Paul Ormerod

Seven years on, we need to finally stop blaming Brexit – just look at the numbers

Brexit is a convenient scapegoat for the UK’s economic woes, but if we did into the data we’ll see a different story, writes Paul Ormerod. Two...

06.12.2023 9

City A.M.

Paul Ormerod

We can’t subsidise or incentivise away the pain of a transition to renewable energy

Prime Minister Rishi Sunak tours the car manufacturer Nissan on November 24, 2023 in Sunderland, England. (Photo by Ian Forsyth/Getty Images) In...

28.11.2023 10

City A.M.

Paul Ormerod

Sluggish global growth cannot be an excuse for Britain ignoring opportunities

An industrial strategy will not go amiss, but we must look at far more to fix Britain’s growth problem, writes Paul Ormerod With Labour currently...

22.11.2023 10

City A.M.

Paul Ormerod

From Alison Rose to water exec bonuses, massive payouts are killing productivity

Former NatWest chief executive Dame Alison Rose breached data protection rules during the Nigel Farage debanking scandal, the watchdog has reportedly...

15.11.2023 9

City A.M.

Paul Ormerod

From Alison Rose to water exec bonuses, massive payouts are killing productivity

Former NatWest chief executive Dame Alison Rose breached data protection rules during the Nigel Farage debanking scandal, the watchdog has reportedly...

15.11.2023 10

City A.M.

Paul Ormerod

Brits are afraid of failure, and the flop of Wework will deter future entrepreneurs

Failure is part and parcel of innovation, corporate failures must not make Brits more risk-averse, Paul Ormerod writes. The conviction of Sam...

08.11.2023 10

City A.M.

Paul Ormerod

We’re fighting over-regulation with yet more regulations in an insane spiral

From lockdown to 20mph speed limits in Wales and electric vehicles, our obsession with regulations is killing Britain, writes Paul Ormerod The...

01.11.2023 10

City A.M.

Paul Ormerod

If economic experts wield political power, we’ll get dragged into fiscal groupthink

If the Bank of England were unable to predict inflation, why would we grant similar experts power at the Office of Budget Responsibility? Paul Ormerod...

25.10.2023 5

City A.M.

Paul Ormerod

Without a recession, Bailey won’t wrest back control over inflation

Andrew Bailey’s hopes of bringing inflation back to the 2 per cent target will be wishful thinking without a recession, writes Paul Ormerod Andrew...

18.10.2023 5

City A.M.

Paul Ormerod

Daunting task of improving public services is the real challenge for next government

The SNP has faced the consequence of sheer incompetence with their resounding by-election defeat but dissatisfaction with public services is rife...

11.10.2023 8

City A.M.

Paul Ormerod

Taxes have never been so high but it’s still not enough for some

Striking NHS junior doctors on the picket line outside Leicester Royal Infirmary as the BMA holds a 96-hour walkout in a dispute over pay. Picture...

04.10.2023 5

City A.M.

Paul Ormerod

We need to get to net zero, but we will fail if we lose public support

Rishi Sunak has delayed several green targets, such as requirements to replace gas boilers. The hysteria over Sunak’s relatively mild changes...

27.09.2023 6

City A.M.

Paul Ormerod

Rush hour pricing in pubs will kill off the customer loyalty businesses badly need

Stonegate pub said it would introduce a 20p extra charge at peak times. Charging an extra 20p at rush hour might reel in a bit of extra cash, but...

20.09.2023 5

City A.M.

Paul Ormerod

Don’t blame austerity for the crumbling concrete, Osborne salvaged Britain’s deficit

Parliament, hospitals, schools, even theatres aren’t immune to the so-called crumbling concrete our buildings are made of. One of the more...

13.09.2023 10

City A.M.

Paul Ormerod

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