the dynamic of increased financial performance and increased technology and the centex strategies arexciting for the long-term investor as we see emerging markets. a lot depended on u.s. demand and less depended on u.s. financial markets. there's a lot of exciting stuff going on in emerging markets and that is the area we take where you can take risk. mark: we barely mentioned the bank of england given what is happening elsewhere, is justified. let's talk about it, no change. the divide seems to set us up nicely. nandini: quite a lot of stuff in the u k we have data out as well as the monetary policy meeting. that is in line with expectations but it seems like may is going to be there for the first interest rate hike post emergency pullback from a few years ago. the uy thing is wages in k have to and unit to rise over the past few years. the problem is inflation is working away waging for consumers. what weing faster than expected and that is key for u.k. consumers were going to get positive real wage growth, and that sets the scene for a bit more back to normal u.k. monetary policy.