The UK recession 

Goldman Sachs forecasts a 1.2% decrease in UK real GDP this year in its 2023 macro view, considerably below all other G-10 (Group of Ten) major nations.

source:google

This would be followed by 0.9% growth in 2024.

source:google

Britain is only marginally ahead of Russia, which is expected to decrease by 1.3% in 2023 as it pursues war in Ukraine and faces punishing Western economic sanctions.

source:google

Economists predict that the United Kingdom's economic decline in 2023 will be nearly as severe as Russia's, as a dramatic drop in household living standards weighs on activity.

source:google

Goldman Sachs forecasts a 1.2% decrease in real GDP in the United Kingdom this year in its 2023 macro outlook, which is far below the 1.5% contraction forecasted in the previous year.

source:google

This will be followed by a 0.9% increase in2024, according to the forecast.

source:google

In its 2023 macro outlook, Goldman Sachs forecast a 1.2% contraction in the U.K. real GDP over the course of this year, well below all other G-10 (Group of Ten) major economies.

source:google

This would be followed by a 0.9% expansion in 2024.

source:google

BTC dropped by more than 10% to its lowest level since November 2020.

source:google