Mark Carney has praised the Government’s plans to ‘level up’ the economy by using low interest rates to borrow money to fund investment in infrastructure and skills, in one of his final public appearances as Governor of the Bank of England. “I would applaud the Government’s focus on these issues, because they will take concerted, deliberate, multifaceted policies over a number of years to make a difference to them,” Mr Carney said, speaking after the HS2 announcement was made, though not referring to it by name. “The prize in social and also in economic terms is great.” Business groups estimated HS2 could indirectly create half a million jobs.