The Parachute Regiment - with a heroic history including the Falklands and Arnhem - are a classic example of retention of an inappropriate capability. They are outstanding light infantrymen but are as likely to carry out a parachute drop in anger as I am - and that does not mean I am likely to carry out a parachute drop in anger!
Not even Bliar and Hoon are brave enough to suggest disbanding/
removing the para role from the Paras. Remember that they could still be used in that role outside conventional conflict; rapid deployment to protect UK civilians following a coup, for example.