U.K. Economy Seen Expanding Most Since 2012 as Services Increase

U.K. economic growth probably accelerated in the second quarter to the fastest pace since 2012 as newly confident Britons took to the shops.

Gross domestic product increased 0.6 percent from the first quarter, when it rose 0.3 percent, according to the median of 37 forecasts in a Bloomberg News survey. The Office for National Statistics will publish the data, a first estimate, at 9:30 a.m. in London on July 25.