Economics
Brexit to Spark U.K. Recession, Forecasters Say
- Survey of economists shows economy shrinking from this quarter
- Bank of England forecast to respond with interest-rate cuts
ResPublica's Blond: Europe, as It Exists, Cannot Exist
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The U.K. economy may be heading for its first recession since 2009, with economists slashing their forecasts in the wake of the Brexit vote and now seeing two quarters of contraction this year.