Morrissey had this song in his pre-show montage this year. Nick Lowe and Ian Drury were involved in recording it with Stiff Records in 1977. According to Wikipedia, "more than two decades after its release, the song was included in Mojo magazine's list of the best punk rock singles of all time. It was also acclaimed as one of the "top 40 singles of the alternative era 1975–2000"' - https://en.wikipedia.org/wiki/Wreckless_Eric
Wreckless Eric still tours. He has said his favourite cover is the recent one from Green Day's Billie Joe Armstrong
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