Bank of England's Carney backs debt-financed public investment

LONDON (Reuters) - Bank of England Governor Mark Carney gave his backing for government borrowing to fund infrastructure investment on Tuesday, shortly after Prime Minister Boris Johnson approved a major new rail link between London and northern England Low interest rates offer the government and businesses the chance to undertake the longer-term investment projects needed to revive Britain's lacklustre growth performance, he said.Carney, who steps down next month, has increasingly warned that..