with me is david buik, who's a market commentator at core spreads. david, very good to see you.pick up a picture straight to focus on it is a happy occasion. this is a striking and afraid memorable

with me is david buik, who's a market commentator at core spreads. david, very good to see you. good to see you. usually when we pick up a picture straight to focus on it is a happy occasion. this is a striking and afraid memorable picture that they independent has picked up on they independent has picked up on the collapse of this bridge. it's extraordinary the way the independent‘s picture department is just fantastic, but as you say this is desperate. just looking at it the viewers will see how it has gone over these flats, it is a terrible thing for me to say, only 26 people of lost their lives. the fall... it must be 200,300 of lost their lives. the fall... it must be 200, 300 feet. 0bviously since this bridge was built in the 19605, since this bridge was built in the 1960s, they would have had stress tests on a number of occasions, why wasn't this thrown up? the italians at the prime minister yesterday were saying it is down to austerity and not enough money is being spent on austerity. that was absolute need for him. the italian economy is not in good shape. the bonds hav

david buik, market commentator for core spreads, joins me now.resting issue, 11%, good if you can get it. good morning. morning. good reading because the wage increase was to . increase was to . 7% with inflation around 2. around 2. executive scott an average pay of £3. £3. 5 million —— executives got an average of £3. 5 million extra. and foremost, this isn't a domestic issue. issue. international basis and that is where they command a salary. where they command a salary. they look particularly awful. look particularly awful. there is a huge differential. huge differential. so they might look reasonable in the states. they would. they are international players. the contracts that are negotiated... negotiated... everything else, and the company loses money or make less profit. loses money or make less profit. so people understandably don't like it. people understandably don't like it. rise last year, so 11% on now is not as significant. as significant. people might not have forgotten, i didn't. didn't. rakesh kapoor took $39 million out of the ri