Economics
Theresa May's Economic Legacy Disfigured by Brexit Fallout
- U.K. saw a jobs boom, but productivity growth remained dire
- May says ‘burning injustices’ still scar as she sets departure
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Theresa May’s economic legacy is dominated by the same thing that consumed her turbulent premiership: getting Britain out of the European Union.
On many metrics, the economy is indistinguishable from the one inherited from David Cameron. Productivity growth remains abysmal, austerity continues, homes are largely unaffordable for first-time buyers and deep divisions persist. That’s despite May’s pledge in her very first statement as prime minister in July 2016 to tackle “burning injustices,” words she reiterated Friday as she bowed to pressure and announced plans to resign on June 7.