The United kingdom recession will be pretty much as deep as that of Russia, economists predict

Critical Points

In its 2023 macro outlook, Goldman Sachs forecast a 1.2% contraction in the U.K. real GDP about the system of this calendar year, very well below all other G-10 (Group of 10) main economies.
This would be followed by a .9% enlargement in 2024.
The figure destinations Britain only fractionally forward of Russia, which is projected to see a 1.3% contraction in 2023 as it wages war in Ukraine and weathers punitive Western financial sanctions.

Resource

Finance

Stocks making the biggest moves premarket: Nike, Dynavax Technologies, UiPath & more

December 24, 2025

Check out the companies making headlines before the bell: Nike — The sportswear stock rose 2% after a filing showed that Apple CEO Tim Cook bought nearly $3 million worth of Nike shares. Dynavax Technologies — The biopharmaceutical stock surged 38% after Sanofi said it will acquire Dynavax in a deal with a total equity […]

Finance

Stocks making the biggest moves midday: Novo Nordisk, ServiceNow, Freeport-McMoRan, Structure Therapeutics & more

December 23, 2025

Check out the companies making headlines in midday trading. ServiceNow — Shares of the software company fell nearly 3% after it said it would acquire cybersecurity startup Armis for $7.75 billion . The deal, which should close next year, will bolster ServiceNow’s cybersecurity offerings. Mining stocks — With prices of gold, silver and copper at […]

Finance

Here’s how AI could influence the Fed’s economic outlook

December 23, 2025

Key Points Members of the Federal Open Market Committee are factoring rising labor productivity in their economic forecasts. In a long-run “unbounded growth” scenario where AI is fully developed, up to 23% of workers may lose employment and labor productivity increases by as much as three to four times, according to a May 2025 research […]