Goldman Sachs projections:

  • UK economy to enter a recession in Q4
  • recession will be mild
  • lowered their 2022 GDP forecast to 3.5% (from 3.7%)
  • For 2023, GDP forecast lowered to 0.6% (from 1.1%) (ps. some reports on this have the forecast at -0.6% for 2023, i.e. a contraction for the full year)
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