It's entirely possible the UK could follow the US into a "K" shaped recession.
That's where the rich get richer and the poor get poorer. However because all the markers are biased towards the rich, the "stats" say the economy is doing fine. This is where you enter the danger phase where it seems the government is gaslighting the person on the Clapham omnibus, and Farage-style rhetoric finds a ready home.
Best expressed in the meme: "Crisis ? What crisis ?" that people who paid attention in the 70s would recall