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Will the United Kingdom enter a recession by 2021?

Question

The United Kingdom is the world's fifth-largest economy and hasn't suffered a recession since 2009. With the result of the 2016 Brexit vote due to be implemented in 2019, and with the UK now 10 years into a period of economic growth, there are concerns that a recession could be looming in the near future.

This question asks: Before (and excluding) Q1 2021, will the UK experience two consecutive quarters in which GDP contracts?

Because it can take some time for the numbers to be available, this question shall not resolve immediately in January 2021, but several months later. Resolution shall rely on the Quarterly National Accounts published by UK statistical authorities rather than any later revisions.

Resolution should cite statistical release by the Office for National Statistics, UK Treasury or credible media reports in the financial press.

Categories:
Economy

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