It was PG Woodhouse who wrote  – 40 years before the birth of Gordon Brown – that one could seldom fail to spot the difference between a ray of sunshine and a Scotsman with a grievance. As a Welshman whose Celtic tendency towards gloom is alleviated by an equally rooted sense of the absurd – yes, we’re manic depressive and proud of it - I’ve decided to ignore the negatives in my professional life and only now see the silver lining in the various clouds which have been gathering around regeneration for a while. I invite you all to share in my new state of euphoria by providing uplifting conclusions to the following sentence: ‘The really good thing about the economic and fiscal crisis from a regeneration point is view is …’

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