We don't know enough about it. To me it sounds similar to Byng bid, but instead of the rail network it's the surrounding land for development is the main priority and the football club second.
The IMF said that the UK economy would face risks if growth rates did not improve.
"Persistent slow growth could permanently damage medium-term growth prospects – this could arise if private sector deleveraging is larger than expected, credit conditions fail to improve, external demand does not pick up, and the drag from fiscal consolidation is greater than anticipated," it said.
The IMF said that whilst it is "essential" that the UK's "large structural fiscal deficit" is reduced, it said that its plans to do so "pose headwinds to growth". To address the issue, the Government should bring forward plans it has already outlined to invest in infrastructure projects, it said.
"Bringing forward planned capital investment where possible ... would help catalyze private investment and spur much-needed growth," the IMF said. "Alongside this, well-designed public guarantees could be used to facilitate private investment."
Here is a report done by Byng about returning the disused Stonebridge Railway to service as a way of bringing passengers to the Birmingham Airport HS2 interchange.
We don't know enough about it. To me it sounds similar to Byng bid, but instead of the rail network it's the surrounding land for development is the main priority and the football club second.