>> yeah, i mean ocado is not the biggest online grocery player in the u.k. there's bigger offers on the grocery market but they have a world class distribution and they tend to use the warehouse models. they don't actually have any stores. so in that sense they're more of a better fit with amazon because amazon is traditionally used -- it's traditionally a pure play online retailer using warehouse and ocado also uses that method of fulfilling orders. >> do you think people would continue to use something like online retail delivery services if we were to see the economy grow significantly softer? there's still a lot of analysts that say we could be heading toward -- we had one of our guests on yesterday saying we're in a recession currently. call it as it is. are people still going to be paying extra for the service? >> yeah. i think so. you have to remember in the u.k. online grocery is experiencing strong growth. there's still questions for the retailer but from the consumer point of view there's growing demand a lot of online food retailers made it better

ocado has been sold so heavily because of concerns about increasing competition. from amazon so maybe that's a bounce back after the heavy losses. >> you also have to wonder at what point do they start to see the gains from lower commodity prices too. but good news today. >> shell is edging closer to a $51 billion to deal to buy bg group after sources at the dutch oil giant told the financial times investors are ready to back the merger. shell also ran successful stress tests that the deal would prove profitable even with a average crude price of $50 barrel for the next two years. we have seen royal dutch shell come out several times trying to reassure investors they can with stand the crude prices. executives stepping up their discussions trying to prove to them that they can sustain even at $50 barrel. but you have to wonder with crude getting closer to $30 barrel how long this position holds and whether or not investor who is are set to vote at the end of the month whether they'll raise concerns about oil closer to 30 than 50 but shell continues to announce the

stock but it is driving higher amid speculation that we can see a tie up between -- ocado.will amazon use it to help push up its own grocery ambitions? if you are a prime user, how will it manage to break that out and expanded -- and expand it? pushed its stock price up 5%. the french lender is looking to be selling off some of its regional bank stakes. it may transfer regional bank stakes, it is all about including its capital structure guide. this is in reference to media speculation that reported by bloomberg earlier. dozen tune of three regional bank stakes. that is an improvement. on the downside, you pointed to sign -- novoo zymes. is on the low side. the margin, a disappointment. it is not going to expand in 2016. they confirmed they organic revenue growth is going to be 3% to 5%. pretty. looking too back to you. guy: mark carney is set to share his source in a speech at noon. we will be just off the back of some fresh u.k. data on wages and inflation, plus employment. we'll get retail sales data out as well. tim:'s -- pim co's office. pricedt is bank -- it is all th

soups,00 calories or less per serving without giving up rich flavor do what we do...make it progresso. ocado old el paso says... zesty chicken and avocado tacos in our stand 'n stuff tortillas . (record scratch) you say stand n' stuff tortillaso says...