nejra: john wraith, the head of u.k. macro rate strategy and economics at ubs with us for the hour. will continue the conversation on bloomberg radio at 7:30 u.k. time. coming up, two great interviews live from st. petersburg. first, the ceo of zte bank. we will also speak to alexander novak, the russian energy minister. this is bloomberg. ♪ nejra: this is daybreak: europe. i'm nejra cehic in bloomberg's european headquarters in london. the latest episode of leaders with lacqua airs tonight. groupo of lloyds banking spoke the importance of digital and the strength of the u.k. economy. uncertainty on the u.k. economy and as i commented, the u.k. economy has been proving to be very resilient. the uncertainty, if it continues, might affect it. uncertainty is something markets and the economy don't like so it is important this uncertainty disappear but the economy is very resilient. you have gdp growing between one and 1.5%. employment in the u.k. at the highest ever since 2006 and unemployment at the lowest level since 1975. you have low interest rates, therefore the quality of balance