Oil toils: Crude prices tumble as global banking chaos triggers recession fears March 20, 2023 Both major oil benchmarks have plummeted in this morning's trading, with investors spooked over the instability in the banking sector.
Oil continues two month downturn as recession fears weigh on prices June 23, 2023 Oil prices has resumed their two-month long downturn - driven by demand concerns - with both major benchmarks sliding for a second day.
Is there such a thing as a ‘fair’ price? Definitely, maybe… September 11, 2024 Oasis tickets have stirred controversy, but the question of how prices are set in a market goes all the way back to Alfred Marshall and Francis Edgeworth, says Paul Ormerod The pricing of tickets for the forthcoming Oasis tour has stirred up a major controversy. This is not just on social media. Lisa Nandy, the [...]
Exclusive: The West must accept climate trade-offs in green metal push October 31, 2022 The West should be honest about the environmental effects of mining for vital green metals, argued Amaroq boss Eldur Olafsson.
We’re still paying for lockdown, so why is no one talking about it? June 7, 2024 We borrowed billions to pay for lockdown but neither Starmer nor Sunak will admit that the resulting debt is holding the public finances in a vice-like grip, says Paul Ormerod To borrow a famous phrase from Karl Marx, a spectre is haunting the election campaign. Despite the frantic efforts by the Conservatives to portray Keir [...]
Major union Unite sees average ‘gender pay gap’ increase over past year April 13, 2022 The UK’s largest union Unite has revealed the gap between average pay for its male and female employees has widened, with the union being accused of “hypocrisy”. A new Unite report showed the “mean gender pay gap” for its 1,072 employees increased by 0.6 per cent in the past year, despite the trade union often [...]
Have we passed peak electric car? April 24, 2024 Electric cars have not become better or cheaper fast enough, and without rapid improvements the market will run out of road, says Paul Ormerod This week I got rid of my electric car. As a car, it was a pleasure to drive. I also enjoyed the fact that it disconcerted at least some of my [...]
Think tank warns vape bans cause more harm than good April 14, 2022 Countries have been urged to avoid excessive regulation on e-cigarettes and vapes, with a new report suggesting that this could pose an even bigger risk to public health in the long run. In a paper published today, the Institute of Economic Affairs (IEA) argued that reduced-risk nicotine products like heated tobacco have facilitated steep declines [...]
Beneath the jargon, Bernanke delivers devastating critique of the Bank of England April 17, 2024 Leading economist Ben Bernanke has exposed the flawed modelling and out-of-date technology behind the Bank’s failures to forecast inflation, says Paul Ormerod Last week, Ben Bernanke, former chairman of the US Federal Reserve Bank and Nobel Laureate in economics, published his review into the process of forecasting and policymaking at the Bank of England. You [...]
Scotland’s risible hate crime law is an incentive for the police to fail April 10, 2024 It’s easy to laugh at the latest example of SNP incompetence, but new hate crime laws will have serious consequences – not last for the police’s ability to solve actual crimes, says Paul Ormerod The Scottish hate crime law has been a prominent feature in the media ever since it came into force just over [...]