By William Schomberg, Alessandra Galloni and Swaha Pattanaik
LONDON (Reuters) – For years, Bank of England boss Mark Carney warned of the economic risks of Britain leaving the European Union. Now that it has happened, he says there could be a silver lining in Prime Minister Boris Johnson’s plans to boost growth.
Speaking to Reuters a month before he ends his nearly seven-year term as BoE governor, Carney said Britain was moving to address its main economic problem – weak productivity.
After a thumping election win in December that paved the way for Brexit on Jan. 31, Johnson gave the green light this week to a new high-speed railway line that, according to one estimate, is likely to cost more than 100 billion pounds ($130 billion).
The prime minister has promised further help for regions where growth has fallen far behind London and other big cities.
“In an environment where everything is getting a fresh look, it’s…