Seem depressed, yet take a lofty view (4,4)

I believe the answer is:

look down

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'yet take a lofty view' is the definition.
I can't judge whether this defines the answer.

'seem depressed' is the wordplay.
'seem' becomes 'look' (synonyms).
'depressed' becomes 'down' (synonyms).
'look'+'down'='LOOK-DOWN'

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I've seen this clue in the Evening Standard.

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