Originally Posted by Damien

I think this is a good time to be making such investments/ It will lead to more jobs and businesses right away amongst those building the new rail line and it may increase confidence amongst foreign firms that the UK will continue to be a good place to do business. Birmingham itself should see a boost from the knowledge that London will soon be closer.

Plus I have seen many arguments that infrastructural investments are more effective in times of slow economic growth, likely because of the reasons I mentioned above.