UK heading for biggest economic boom since 1948 – Barclays chief
by Kalyeena Makortoff Banking correspondent from on (#5H8VV)
Jes Staley says bank continues to take cautious view' of impact of Covid-19 pandemic
The UK economy is on course for its biggest economic boom since 1948 as the country's coronavirus vaccination programme allows consumers to go out and spend, according to the chief executive of Barclays.
Jes Staley predicted the strongest year for economic growth since the aftermath of the second world war, at 6.5% this year, as tremendous pent-up demand" built up during the pandemic is released.
Related: Lloyds profits soar as Covid loan loss provisions released
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