We are going to see more small falls for two to three months and then some summer optimism.

I don't think you will see or have seen an economic coming together as big as this, ... This is really going to create in population terms, in GDP terms a currency block that is as big as the United States, if not bigger, and that really is a force to be reckoned with.

We're sterling people. It's a fairly well-balanced decision, but given the movements in sterling over the past 6 months, a 25 basis point cut would have compensated.