People have noted that I tend to be quite upbeat about my work here (bar the odd rant or two) and that’s because, on the whole, we have a lot to be upbeat about. But I ought to acknowledge that the recession is affecting us just like everybody else, especially with the news today that Contract Journal is to close, a story which Paul can probably claim to have broken.

Anyone near the construction industry knows what a beating it has taken during the credit crunch, and it’s hard to see good journalists faced with the possibility of redundancy as a result. I’ve done a fair amount of work with the team down the years, especially with web editor Will Mann. They have my commiserations and best wishes.