Subscriber OnlyMarketsEconomicsBarclays Says No-Deal Brexit, BOE Rate Cuts Now Its Base CasePhotographer: Simon Dawson/BloombergByLucy Meakin+FollowAugust 21, 2019, 10:30 AM UTCFollow @Brexit, sign up to our Brexit Bulletin, and tell us your Brexit story. A no-deal Brexit looks “increasingly inevitable” with the U.K. entering a shallow recession next year, according to economists at Barclays Plc.