joining us is lawrence gosling, editor—in—chief of investment week. good morning. with syria and that interview, widely covered by president assad. the first time he has spoken since the chemical attack and he says there was no chemical attack. it is quite an extraordinary interview in what's been a horrible sort of context. he also cause —— goes onto say that some of the children we saw in some the pictures may have been at thing and may not have been dead, even though a large number of independent sources, be turkey or some of the agencies working out there, that categorically say these children we re categorically say these children were victims of a chemical attack. again, we've sort of heard this kind of rhetoric from him in the past, i'm sure tragically we will hear it in the future, but it points to how an transient the whole situation is in many ways. what many people have been struck by, and his performance was much like other performances in the past, he is very softly spoken, very calm and collected. there is no branding. no. does that make it more sinis

joining us is lawrence gosling who is editor in chief of investment week.s cut in interest rates in brazil. as he mentioned, the brazilian economy is still heavily indebted, and if you are the central bank in any country, you have two weapons at your disposal, they can‘t pump money into the economy, so they will steadily use this interest rate weapon tool to try to revive the economy. let's turn our attention closer to europe. everybody keep an eye on what is coming up with the elections. the french election around the corner. turkey‘s election this weekend coming, an important one because there is still a state of emergency in turkey and it is a big economy, so in turkey and it is a big economy, so that is important. and then the following weekend, the first round of the french elections, it could be all over in wonder if one of the candidates gets 50% of the vote, not expected, it is very tight. so these other two next key elections. and especially the french election, does that affect european market at all? european equity markets have cooled offa europ

joining us now is lawrence gosling, editor in chief, of investment week. but you have got that factory to go to polandment they‘ re saying have got that factory to go to polandment they're saying it's not because of brexit. what is the reason? well, it is interesting, isn't it? it is a couple of hundred jobs out of 8,000 jobs that nestle employ and they are aiming to do it over two years with largely volu nta ry over two years with largely voluntary redundancies. you can't help, but feel they are moving production to poland because it is cheaper. 0k, cheaper. ok, moving on to a company that is citing concerns of brexit and that's whitbread and also, potentially carpet right as well. whitbread are saying they're worried about 20% of its workforce are from the eu, worried about their rights prost brexit. is that why share prices are down because their profits were good today, 6% up? down because their profits were good today, 696 up? yeah, profits were very good. revenues were up 8%, £3.1 billion. it is a cracking business, but it's right, if it has to repla