From the Planning Daily on line Newsletter:
"This week, the Institute for Public Policy Research North gave a particularly grim warning that the 1980s recession's casualties are bearing the brunt again. Areas where unemployment was already high have entered another period of decline. The credit crunch has stalled an untold number of housing-led regeneration schemes. As yet, there is no sign of the cavalry on the horizon. The pessimists think that any kind of a bounce back will not happen until 2012"
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