Analysts at Goldman Sachs predict a recession for the UK in the fourth quarter of this year, backing the Bank of England’s (BOE) projections.
“Believe the UK economy will experience a recession in Q4.”
Goldman Sachs “lowers its 2022 GDP forecast from 3.7% to 3.5%.”
Goldman Sachs ‘lowers its 2023 GDP from 1.1% to 0.6%.”
“The UK recession is to be relatively mild.”