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Britain set for biggest economic boom since World War 2 aftermath due to 'pent-up demand'

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www.mirror.co.uk

Britain is set to enjoy its biggest economic boom since the aftermath of the Second World War, a top banking boss has predicted.

Jes Staley, chief executive of Barclays, has forecast the country is poised for a “spectacular” recovery due to “tremendous pent-up demand”.

He cited the vaccine rollout and an estimated £200billion of savings that households have amassed in the lockdowns. The Bank of England is expected to hike annual growth forecasts next week.

Mr Staley said: “Our economic forecast is for the UK economy to grow by 6.5% this year – that’s the strongest growth rate in the British economy since 1948.

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