United Kingdom Public Sector Net Borrowing came in at £23.294B, above forecasts (£18.5B) in May

Retail Sales, a key measure of consumer spending, in the United Kingdom (UK) climbed 1.2% month-over-month (MoM) in May after falling by a revised 1.0% in April, the latest data published by the Office for National Statistics (ONS) showed on Friday.