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Gordon Marsden MP, Labour's Shadow Business Minister, said in response to Lord Heseltine's admission today that the Tory-led Government's abolition of Regional Development Agencies was a mistake:

"Even Lord Heseltine, the chair of the oversubscribed regional growth fund, admits that the Tory-led Government's abolition of the RDAs was a mistake. They have failed to give the new Local Enterprise Partnerships the resources they need to drive forward economic growth in the regions. As Labour has consistently said, this Government has no plan for growth and is cutting too far, too fast, choking off the recovery."

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