shown vodafone jean-claude juncker delivers a state of the union address, not sure how many people are that. the bank of england rate decision on thursday. and economic data, retail, sales and inflation from the u.s. on the same day. to discuss, robert tipp of pgim, eric stein of eaton vance, and trey parker of highland capital. trey, when are we going to get a read on the u.s. economy considering the events of the last couple of weeks, the natural disasters that have taken place, etc.? is it going to be a couple of months for this to come through? trey: i think there is definitely going to be a few months of pause in economic activity, a lot of it depending on the extent of which irma hits florida. but certainly, harvey in and of itself is going to cause some noise in the numbers. you already saw it in some of the employment data earlier this week. there will be a two to three month lag in economic activity, which should catch up from the economic data. jonathan: rob? robert: obviously, you will have a drawdown and then some stimulus. economic losses don't get factored into the gdp da

talktalk been talking to rivals vodafone, 02 and virgin media, aiming to strike a deal in the comingrhaul talk talk‘s business and focus on fixed—line broadband, as it returns to its roots as a budget internet provider. that was not talktalk, as you might have noticed. first, estonian start—up taxify to go head to head with uber as it drives into london with its taxi—hailing service today. it is fuelled by chinese money. stephen mcdonnell is in beijing. stephen, going on at uber‘s experience in china, i bet it is worried about the move in london? at the moment people probably think in london taxify, how can they compete with uber, uber has such a massive presence there. i think taxify is in 25 cities, uber is in 600. but now taxify has teamed up with another company. around the world, in many countries, people will never have heard of them. but they have in china. the company, didi, has 400 million users here. didi, has 400 million users here. didi took on and smashed uber in china, buying out uber here. so taxify has a very big back indeed. to give you an idea of the presence in did

vodafone on the move as all. hsbc is in the mix as well. the bank had a solid day yesterday.al risk continues to be a factor. certainly, we can't ignore. matt: interesting that deutsche bank isn't getting hit that hard. i trade -- i see it trading down .3%. let's talk about what is going on in spain. at alone campaign for independence comes to a head on sunday. the administration in barcelona will attempt to hold this referendum in defiance of the constitutional court and the spanish government in madrid. investors have so far shrugged off the constitutional crisis. the ibex has outperformed its peers this year while span it's -- spanish spreads have stayed calm. maria tadeo joining us from barcelona. why do they want independence from madrid? is it the majority that want independence? that is a difficult question to answer, because we haven't had any recent polls. them want toof have as a and went to vote. -- wants to have a say and want to vote. the point is that there is a lot of confusion as to whether the vote is going to happen. a lot of people tell us they want to vote

vodafone, northern ireland, wales and the southwest and right and the rain band edges eastward.ferent story. damp spots for thursday morning's commute, breezy in shetland, some heavy bursts in caithness and 0rkney, patchy rain across other eastern counties of scotla nd across other eastern counties of scotland and eastern coastal counties of england. the cloud brea ks counties of england. the cloud breaks around eight o'clock east of the pennines but still grey across east anglia, the odd spot of inner drizzle. the cloud may take well to com pletely drizzle. the cloud may take well to completely break up but even if you start with cloud and outbreaks of rain, it will brighten up to the morning and into the afternoon, most places are seeing sunny spell through the afternoon but light winds, the breeze sticking up in the west but a better day compared to today and when the sun is out, more pleasant, sunshine around 20 celsius. 0n pleasant, sunshine around 20 celsius. on thursday night, we see changes again, the breeze picks up, pushing its way eastwards. driving thatis pushing its