On the data front, this week is a quiet one for the UK.

Tomorrow economists will see the latest public sector net borrowing figures. In the previous release by the Office for National Statistics, it was reported that the UK’s public sector posted a £15.86bn deficit in February of 2023, compared to a £6.2bn gap the year before. This was largely due to substantial spending on energy support scheme as the UK dealt with higher energy costs.

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