To draw attention to the paradox around the official opening today of the £800m refurbishment of St Pancras station in London is not to rain on what is a hugely significant parade for the permanent way. For a country, Britain, that led the way in the development of the railways, there is something depressing about the St Pancras upgrade, centrepiece in a 10-year, £5.8bn project, being the first rail undertaking on this scale in some 100 years. When St Pancras International is fully operational later this month, Britain (or London and the south-east) will finally and belatedly join the European high-speed rail club, with trains reaching the Channel Tunnel barely half an hour after leaving the station.

Where the continent led, Britain has followed with a commitment not just to one but to two massive rail projects (to switch transport metaphor, this is reminiscent of waiting for a bus only for two to come along, only in a much longer timeframe). After High Speed 1 (HS1, the St Pancras development) will come the £16bn Crossrail scheme to build a railway link through the centre of London. The project was approved by Gordon Brown, the Prime Minister, last month and work is expected to begin in 2010.

Crossrail will be a boost to the economy, as HS1 has been. Travelling in London and the south-east will be a greener, faster and smoother experience, cutting journey times to European capital cities. What of the impact on the rest of Britain? The feature on page 15 of The Herald today explains how there will be a knock-on effect for Scots travelling to Europe by train, but the gain will come from shorter journey times from London via HS1. While several billion pounds are being invested in upgrading the West Coast Main Line between Scotland and England, and journey times on the East Coast Line have improved, London will remain the hub for truly 21st-century high-speed train travel to Europe.

HS1 and Crossrail demonstrate that, where there is a will, there can be a funding way. An imaginative approach can reap dividends that include fewer transport emissions. Chris Green of the Railway Forum sees HS1 as a scene- setter for a brighter future of more long-distance transport capacity taking to the tracks, spreading wealth and bringing the north and south closer together.

It is not just faster rail links enabling the free flow of freight and passenger journeys between Scotland and England that are required. Scotland has its own Crossrail proposal, linking rail networks north and south of Glasgow with the rest of the country, ready to begin but parked in a siding. Compared with HS1 and the bigger Crossrail, the bill would be minimal but the impact on Scotland's transport links would be positive. Why won't we match London's boldness and ambition, at a fraction of the cost?