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Carney sees silver lining after Brexit hit to UK economy

From news.trust.org

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 ... (full story)

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