UK GDP growth forecasts slashed by Goldman Sachs & JP Morgan
Edited By WION Video Desk
Published: Sep 14, 2023, 06:55 IST | Updated: Sep 14, 2023, 06:55 IST
Two major banking giants, Goldman Sachs and J. P. Morgan, have delivered a sobering blow to the UK's economic outlook. In a surprising move, both institutions have slashed their full-year growth forecasts for the UK's gross domestic product (GDP) following an unexpected and sharp contraction in July.
trending videos
)
Nepal Flash Floods: At least 1,050 dead And 118 Nepalese rescued from disaster zone
)
Nigeria: Protesters take to the streets, police fire shots
)
US-Iran war: Tehran draws red lines — seven demands before any peace talks
)
Russia-Europe tensions: Polish PM warns Russian attacks could test NATO's unity
)
Delhi Air pollution: Strict crackdown on waste burning
)
AI Doomsday: AI error nearly sparks US-China 'war'
)
Delhi government agencies to map hotspots & enforce dust control measures
)
West Bengal to withdraw all agitation cases against Kurmi activists
)
Austin ICE shooting: ICE officer shoots man in torso during Austin foot pursuit
)
Gauteng murder case: Three arrested over ninth victim found dead in Dawn park
)
Can businesses refuse UPI payments?
)
Climate change fuels global rise in Mosquito populations
)
Trump-Xi summit: US-China trade truce under test on Sept 24
)
Gravitas crime tracker: Delhi teen gangraped, stabbed to death, body found eaten by dogs days later
)
Russia-Ukraine War: Russia vows revenge strike on Kyiv after massive drone attack
)
Nigeria's NSCDC parades suspended Niger commandant, 24 officers over 37 miners' deaths
)
China, US open high-level talks in New York ahead of historic Trump-Xi summit this thursday
)
Jamaat-e-Islami's 'super long march' departs Karachi as Islamabad seals red zone with containers
)
Trump & Xi set for Washington summit
)
Israeli settler killed in West Bank shooting on Yom Kippur eve
)
India faces weakest monsoon in 17 Years; rural demand faces festive season test
)
J&K Assembly Session begins amid chaos: BJP, ruling alliance clash as statehood demand dominates
)
Trump-Xi summit: US Treasury Secretary holds meeting with Chinese Vice Premier
)
Report: Iran rebuilding Taleghan 2, nuclear site tied to past weapons research, hit twice by Israel
)
Trump defends AI amid growing alarm, announces new 'AI force' and promises an 'AI czar'
)
CDU suffers historic defeat in eastern Germany as AfD surges, Merz vows to stay on
)
Man breaks open wall hiding hundreds of books since 15 years
)
Gaza under attack: Health chief's son killed in IDF strikes
)
ICE Shooting: ICE agent shoots man in Austin, Texas
)
Big Business Bet: Taj’s GCC playbook amid West Asia conflict
)
Saudi vs Houthis: Houthis claim missiles & drones used in attack on key Saudi sites
)
Drug-cartel boss Christy Kinahan faces Dubai exit after UAE cancels his visa
)
Maharashtra TET paper leak: Chargesheet reveals papers smuggled in shoe insoles for Rs 8,000
)
9 women found dead near Johannesburg: South Africans rally, demand 'enough' to femicide
)
Imran Khan's sisters, nephews detained as crackdown widens ahead of PTI march
)
West Bank attack: IDF apprehends suspected gunman inside Ramallah hospital after deadly shooting
)
Kampala-Ankara rift deepens: Uganda suspends military ties, seeks Fred Lumbuye's extradition
)
Tata trusts challenges N Chandrasekaran's reappointment
)
US-Iran war: Tehran sets seven conditions to re-engage in talks with US
)
Delhi: Flagged voters remain on the draft roll but face hearings
)
Japan's senior population hits record 29.6%, with over 36 million now aged 65 or older
)
Pentagon probes diverted F-35 parts: Stealth cockpit canopy ends up in Hong Kong
)
Hukou waterfall roars back to life as Yellow river surges with autumn flood
)
Russia's deadly Ukraine strikes kill 2 in Sumy, hit Dnipro mall
)
Mystery explosions rock Aleppo, residents told to stay indoors
)
Munich Mayor taps first keg to kick off Oktoberfest
)
Russia holds first parliamentary elections since the beginning of the Ukraine war
)
Italy moves to ban face veils in schools as Meloni pushes new integration measures
)
AI safety debate: Trump says he will not tolerate attempts to slow AI growth