Bridget Rosewell announced as Commissioner for National Infrastructure Commission

Volterra partners Paul Ormerod, Paul Buchanan and Ellie Evans are delighted to announce Bridget Rosewell’s appointment as Commissioner on the independent National Infrastructure Commission. On Friday 30th October at the National Railway Museum in York George Osborne announced Bridget Rosewell as one of the seven highly experienced Commissioners to work with Lord Andrew Adonis. The new National Infrastructure Commission has […]

‘Re-inventing’ London: Planning for the Future

London is changing.  But then, it always is.  The theme of my new book, ‘Reinventing London’ is that change is the lifeblood of a great city.  Over the past thirty years it has replaced around 1 million jobs in manufacturing, largely around the edge of the city and along the radial routes, with more than […]

The Political Economy of Risk Taking – and how HS2 is Misunderstood

High Speed Rail has no shortage of enemies.  It is challenged for having rising costs, too few benefits and for being the plaything of vested interests, such as local authorities and rail companies.  These are often cheap shots, based on what sometimes appears to be a wilful misunderstanding of what HS2 is actually about, though […]

Airports, Commercial Value and how to Split Hairs

In the not too distant past, major UK airports were public assets. In many parts of the world, they still are. But here, for some good and some not so good economic reasons, we privatised ours. So now we need to ask whether private investors want to own them, and especially whether they want to construct […]

Macro-economic modelling and its uses

An International Macro Symposium conference this week hosted by the ESRC and the Oxford Martin School has brought home to me how little things have changed in some quarters.  There is still a belief that with some tweaks the old modelling frameworks can capture the elements that were missing before the crisis, and a deeply […]

Transparency, Clarity and Understanding

The call for more transparency is a compelling one.  We should have more information, more easily available.  Stuff should not be hidden away.  I am generally a believer in all of this, and that people have greater ability to absorb and critique than they are given credit for.  But there are risks and caveats which […]