Will the UK be in recession by Q2 2024?
14
250Ṁ1854
resolved Mar 15
Resolved
YES

There seem to be economic clouds around the UK. This unsettled economic weather has been seen by the almost non-existent growth that has been reported. This question is to ask if the next two successive Quarter reports will show the UK economy to have shrunk. Happy to add further clarification, but essentially there must be reported two successive quarters in which the UK has negative growth in GDP. I will cite the BBC for this confirmation.

The question is about if BY Q2 (so not inclusive) there will be reported recession. Hence this can resolve by the end of the year if Q4 has growth, but may otherwise have to wait until Q1 2024 to see if results.

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Creator is inactive and has been pinged, resolution is unambiguous, resolving YES.

@wilkess ready to resolve?

bought Ṁ400 YES
predictedYES

The BoE seems to think the UK will avoid recession. I'm tempted to fully switch my position however there it may be within uncertainty that inflation recovery is not guaranteed and that we will have our economy shrink.

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