Barclays boss Jes Staley predicts biggest economic boom since 1948

Barclays boss Jes Staley has predicted the biggest economic boom since World War Two thanks to the Covid vaccine rollout and pent-up demand from consumers.

His upbeat assessment came on the day that the bank revealed its pre-tax profits for the first three months of the year had more than doubled to £2.4bn.

Mr Staley said "the second half of 2021 will be quite something" as consumers' pent up spending power is released.