When Politics Prevails: The political economy of a Brexit

This article analyses Britain’s quest to negotiate its future membership of the European Union (EU) through the lens of Liberal intergovernmentalism. The article demonstrates that despite the significant economic consequences of a potential Brexit, party political factors have hitherto proven more significant in defining the terrain of the debate than lobby group influence where a cross section of United Kingdom (UK) lobby groups are either actively or passively in favour of remaining within the EU ahead of the referendum.