maybe we lose one of the hawks in the form of jonathan haskell leaving catherine. soul and pc member to be taken for a hike. she just had another term on the npc confirmed. if you see an even more dovish surprise hsbc says it is increasingly energetic. sterling has been the best performing g10 currencies against the dollar this year on that higher for longer narrative. it is a dovish surprise. hsbc asks whether or not that could last. request lizzy burden walking us through a preview for the boe. she says it won't be a snooze fest. i believe her. not the only central bank reporting this morning. the swiss national bank is as well. this is where a lot of the market is focus. they seem to be short when you just look at this expectation of a cut from the s&p. i want to get a little bit more context here. a pleasure to have you on the program. this is not the first time they have in the past and could potentially front monday ecb or the fed when it comes to color. >> the inflation is just lower than was expected and significantly lower. want to improve -- 120%. this is

jonathan haskell has demonstrated how our productivity slowdown in the 20105 was driven by a slowdownowing competitors, it is clear that we have been underperforming across all the factors of growth. the investment with the britain alone among the g—7 investment with the britain alone among the 6—7 in having investment levels below 20% of gdp. low levels of basic skills, gaps in technical and vocational education and comparatively poor management capability. vast disparities with all of england's biggest cities outside of london having productivity levels below the national average. particularly, since the pandemic, is significant weakness in labour supply with 700,000 more people economically inactive due to ill health. we have an accumulation of problems. first, there are long—standing weaknesses which generations of politicians have struggled to address. it is not enough simply to point out these feelings. we must confront their underlying institutional, cultural and political causes. second, there are the products of political and policy choices made over the last 40 years. and of