Goldman Sachs says UK economy to outperform rivals on the same day their global strategy conference is oversubscribed.

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The forecast flies the face of the conventional wisdom, which has it that the UK will suffer a protracted, sluggish recovery, and could slide back into a slump.

But the consensus that UK economic strength will come from exports was also put forward byThe Ernst & Young ITEM Club yesterday.

UK consumer spending is likely to grow just 0.4% in 2010 and businesses should look to export opportunities insteadsays the group.

Investors will take note of the macro economic predictions for the UK economy considering the stature that Goldman Sachs currently holds.

This stature was reaffirmed yesterday when more than 400 of Britain’s senior investors, including hedge fund managers, pension fund investors and private bankers, flocked to Goldman Sach’s Fleet Street office yesterday to  hear how Goldman Sachs believe money can be made in 2010.

The Goldman annual global strategy conference was so oversubscribed that delegates spilt into three overflow rooms and had to watch proceedings on video screens.

The bank’s record in correctly predicting the remarkable stock market bounce of last year has won it new followers, with many more delegates than a year ago, the Times reports.