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Regeneration

My hon. Friend is describing well the need for massive levels of investment in such areas, but the mention of Lord Heseltine made me want to contribute. There is a rather unfortunate association with the early '80s in Merseyside, given the release of Cabinet minutes suggesting that the idea of managed decline was something that the Government of the time were considering. Lord Heseltine was of course the one who made sure that that did not happen—to his great credit, and he has recognition for that on Merseyside. My concern, however, is that unless what is recommended in the report is put in place, we could see that managed decline happening in all sorts of places up and down the country.