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LONDON — The New York Times has been reporting for the last year on how nearly a decade of government austerity has refashioned British society, slashing away at budgets for policing, housing and welfare. It has also drawn a backlash in some quarters and, as Ellen Barry writes  in the latest article in the series, reshaped the politics of many young people.

Prime Minister Theresa Mays said last fall that the era of austerity is over. That is a matter of debate. And Britain’s looming departure from the European Union — Brexit, as it is known — could depress growth for years to come, meaning that budget pressures may continue far into the future. Here is a look back at the roots of austerity and what we know about its effects.

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The New York Times

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