Hi DavetheClerk. Yes purchasing some flags helps to grow a business, or at least sustain it. It also helps to keep people in employment. so yes, helps lives lives. But the same could be said of everything we purchase, the paper we use, the ink to go in the printer, the picture frames we have just purchased for some certificates. And all purchased locally. But are you saying all these things should be classed as regeneration? I think probably not.
The original flagpoles may well have been classified as regeneration. (Before my time and ok with that.) But the flags we have to buy year in and year out because they wear out are maintenance (or consumables) surely??