BARCLAYS: 6 charts that show how Britain's 'DIY recession' is playing out

The UK economy is likely to experience reduced spending, lower house prices and higher unemployment as part of a self-inflicted, "do-it-yourself" recession as a result of leaving the European Union, according to analysts from Barclays.

Barclays analysts Fabrice Montagne and Andrezj Szczepaniak said in a note to clients on Wednesday: "We expect the UK to enter a recession in H2 16, driven by spiralling uncertainty on the back of the vote to leave the EU, forcing both households and firms to hold back on spending.

They're not the only ones to think the UK may have shot itself in the foot when voting to leave the European Union in June. The International Monetary Fund slashed its forecast for UK economic growth on Tuesday, saying the vote to leave the European Union has "thrown a spanner in the works" of the global economy.

The IMF shaved off 0.9 percentage points from its previous economic forecast for the UK, estimating growth of 1.3% in 2017.

Economic and political uncertainty is having a chilling effect on investment, hitting credit demand, hiring and house prices.

Here are the key charts from Barclays: