ECONOMIC GROWTH

The referendum exposes a Two Nation UK

No matter the result, a long period of soul searching will follow the EU referendum. Michael Burton says the Government needs to act quickly to unite the country and boost the economy

After the referendum will come the soul-searching. What began as an attempt by David Cameron to head UKIP off at the pass and silence once and for all the euro-sceptics in the Conservative Party has instead exposed bitter divisions in the country.

Pollsters, economists, sociologists and think-tanks will spend the next few months analysing voting patterns on a borough by borough basis to establish just what message the public was sending. For one thing is certain; this referendum has been a verdict not just on the EU or on immigration but on austerity and in particular on the outside world generally, about people's sense of whether they are beneficiaries or victims of the global economy. Because voting has been conducted by boroughs statisticians should be able to marry up the local referendum results with pre-existing local socio-economic data to verify a pattern.

We have already established the basic faultlines. The skilled, unskilled and unemployed, small businesses and the self-employed tend to be pro-Brexit as are those over 65. White working class areas and those with high elderly populations such as seaside resorts are Brexit. Younger people, the middle and upper classes, the well educated, big business and public sector employees are pro-Remain. It is already clear therefore that those who are prosperous, working and educated – in other words who feel beneficiaries of globalism – are content to stick with the status quo while those who feel left out economically or are unhappy with the pace of change want to stick two fingers up at globalism. For those, mainly the skilled and unskilled, whose wages under austerity Osborne have been static for the past decade, the vote is for Brexit.

Michael Burton

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