By Paul Ormerod It’s not just the Conservatives, governments across the Western the world are being punished for failing to manage expectations in the face of an energy price shock, writes Paul Ormerod The scale of the Conservative defeat in the election has been amply documented. But what has been mentioned much less is the fact that they are by no means alone. Other Western governments which have faced the electorate since the world energy price rise during 2021 and 2022 have suffered serious defeats. Olaf Scholz’s SPD in Germany was hammered in the Euro elections in May. Germany is divided …