(Reuters) – Chances of Britain heading into a recession over the next year or two have increased amid soaring inflation due to the country’s vulnerability to external shocks, J.P.Morgan economists said on Friday, a day after the Bank of England raised borrowing costs. The BoE raised its benchmark interest rate to 1.25% on Thursday – the highest since January 2009. While its move was more gradual than other central banks, the BoE said it was ready to act “forcefully” if needed to tackle dangers from inflation. “If the (U.S. Federal Reserve) engineers a sharp growth slowdown or recession, this w…