Did austerity cause Brexit?
preferences. The results suggest that the EU referendum could have resulted in a Remain victory had it not been for a range of austerity-induced welfare reforms. These reforms activated existing economic grievances. Further, auxiliary results suggest that the underlying economic grievances have broader origins than what the current literature on Brexit suggests. Up until 2010, the UK’s welfare state evened out growing income differences across the skill divide through transfer payments. This pattern markedly stops from 2010 onwards as austerity started to bite.
- Brexit is direct result of austerity and cuts like bedroom tax, research suggests - Politics live
- Tory austerity and welfare cuts like bedroom tax directly caused Brexit, new study finds
- Had austerity not happened, Leave support could have been up to 10% lower