Bearing in mind the comments above, and to my mind the over-complicated (IMO) multi crimped connectors in the light box which may well have degraded over the 40 years of this enlarger.
I replaced with the following ceramic connector and lamp holder.
I tinned and soldered all the wire ends and secured with the terminal screws.
The new bulb works fine (for now) and I have eliminated any connections issues in the light box.
It could be the transformer of course: I picked up a new (old) one from ebay and tested it OK – I now have a back-up.
I may well look for someone who could "upgrade" the electronics of the output stabilisation circuit of the spare, however back to printing and see what happens.