Austerity is one aspect, but businesses almost universally kept wages stagnant, but found money for share buy back schemes and the like - all of which accrue yet more wealth to those at the top as they get shares as bonuses. So the staff see the bosses getting even richer whilst they get no pay rises and no investment in necessary equipment at work, and shafted by the government at home. These bosses claim they are paid mega bucks for their performance but the only thing that performs is the share price. When they fuck up they get paid to leave, unlike all the staff they sack to prop things up. And now they ‘find’ money for Brexit - and please don’t try and tell me they have been saving up - when they couldn’t find money for anything in the intervening years.
If you want to understand why i’m a bit bitter about this, look at CSC/DXC and their CEO Mike Lawrie (including his previous at Misys) … I worked for CSC up to 2013 and saw the way he behaved. And they (execs) are almost all just like him.
Brexit will be a gold plated opportunity for these companies to strip away any remaining worker protection, so despite their protests they’ll be fine and they’ll be in a much more profitable place afterwards