jessica ground, uk equities fund manager, schroders is back.c food sales are soaring as shoppers put quality before price. how long will that last, we wonder? well, quite interesting because in the last financial slowdown we saw shoppers move to discounters and to cut back on eating out. but i think that we've got to divorce the cyclical from the stuck turl. there is this long—term trend towards cleaning eating, healthy eating, instagraming yourfood, cleaning eating, healthy eating, instagraming your food, but as consumers spending power comes under pressure from higher inflation they start to cut back and it will be interesting to see. we had a few tweets about this. we asked do you buy organic or not? grumpy pete said no, it is a waste of money. jerome said organic veg, but only if it is in season and not flown in. it may taste better, but it is too expensive in the uk. jessica?‘ taste better, but it is too expensive in the uk. jessica? a mix and match. there is a massive debate in our newsroom about this with one of our producers saying it i

joining us is sue noffke, uk equities fund manager at schroders.ith regulation and he has promised a phenomenal new rules on regulation. but still no detail. no, but a timeline of two to three weeks. the market had begun to pause a bit about where was the detail, it was looking more complex in terms of border adjustment trades and taxation and the deregulation with industries. and he ignited the airlines with further deregulation and tearing up lots of red tape around that sector. so that got the market excited again. pushing it to further highs. it is highlighting the markets. you said, we don‘t have any details, he just said the markets. you said, we don‘t have any details, hejust said in the markets. you said, we don‘t have any details, he just said in two or three weeks i will tell you. phenomenal. about a tax deal and the markets react. it would be a big deal. if he can do things with deregulation and stimulate the economy. the markets will love it. the attempts to tackle taxation, which is very complex and high in the united states, it has no

joining us is alix stewart, fixed income fund manager at schroders.t janet yellen, no decision as the case may be, but it was all completely expected. what is going to happen next, and when will they make the next, and when will they make the next move? that is whatever but it was looking for, trying to get a change in thinking with trump coming m, change in thinking with trump coming in, but we got none of that, really. so it is still, let's wait and see. no big market reaction either way, no disappointment or spike or anything, it was like a nonevent. no disappointment or spike or anything, it was like a noneventm was a bit, which is unusualfrom the central bank! the event will be when we hear something from trump about janet yellen, because there will be a concern if these two boghead is. yes, we could get a big change in the head of the fed going forward, which could be a big change in policy. talking of central bank action, today is super thursday in the uk, mark carney will be in focus at the bank of england. dust explain what super thursday is