A prominent British think-tank said on Monday that economic prospects for the UK are deteriorating as a new prime minister is about to be installed in Westminster. The National Institute for Economic and Social Research (NIESR) warned there is a one-in-four chance the country has already entered a technical recession, and a disorderly no-deal Brexit in October could lead to a "severe downturn" in the economy within the next six months - and with it, a fall in living standards. Prime Minister Theresa May is expected to officially step down on Wednesday. The name of the new prime minister - elected by 160,000 members of ... (full story)