Ian King

We all know the numbers are going to be good.

We know the forecast is going to be good.

But the key is, well, do we really believe the basis for those numbers?

And that's going to be the key question he's going to face.

No, you're absolutely right.

He's essentially played all his cards in that respect.

What's going to happen will be that the investment community are getting their first chance to sort of pull that apart, to ask him about the details, to ask him about the new products, to ask about the margins, to ask about when exactly these sales will kick in.

And they haven't really had that chance, so that's what they'll dig into today.

And his response is how precise he is will condition how they feel.

Absolutely not.

I mean, we saw a deal announced with Anthropic yesterday.

Big commitment to use a lot more of NVIDIA's chips.

But guess what?

NVIDIA is putting $10 billion to work in that company over time.

So, yes, that concern is absolutely not going away.

And if anything, it's going to accelerate until we get a clear outcome.

You see a significant number of companies either announcing that they are not going to be doing much hiring or actually doing layoffs and

Has an innovative think tank just come up with a solution for replacing stamp duty?

And I'm Robert Peston.

Fiscal and monetary policy, housing, immigration, even the high street.