Goldman Sachs forecast UK GDP growth will fall to 2.8% y/y in 2015 from 3.0% y/y in 2014 (slightly above consensus of 2.6%) and see inflation dropping to around +0.8% y/y in "coming months", but see it rising gradually over the rest of the year. "We continue to forecast that growth will be stronger than consensus expectations but that inflation will nevertheless be weaker than consensus expects; we continue to be relatively optimistic regarding the prospects for potential output in the UK; and we continue to expect that demand and supply will both be supported by an ongoing recuperation of the UK's banking system," Goldman say.