The Bank of England’s Decision Maker Panel survey showed that businesses expect 5.5% inflation over the next 12 months.
U.K.’s March Mortgage Approvals 52,010 (expected 46,250; last 44,130), March BoE Consumer Credit GBP1.574 bln (expected GBP1.200 bln; last GBP1.485 bln). Final April Services PMI 55.9 (expected 54.9; last 52.9)
