Jim Power

And she claimed that Morgan McSweeney, who is protege of Mandelson, and as you say, Stormer's former chief of staff, he was the driving force in the appointment.

And she believed that Robbins and the Foreign Office felt pressurised to get on with approving it.

And I know Robbins is taking legal action as well, or...

getting legal counsel on the decision to sack him last week.

So whatever way you look at it, he seems to be in deep trouble.

It's strange that he was...

He was announced for the job in December 24, Mandelson, and then the vetting took place a few weeks later.

Very strange way of doing it, isn't it?

Yeah, no, no, it'll be interesting to see, but you'd have to think if fair is fair, he'll be toast by over the next few days.

But anyway, may or may not.

The problem, of course, is who replaced him?

As you say, Angela Rayner is the one that's,

And then the replacement for Rachel Reeves.

That'll be the really interesting one.

Chris, moving on to... There was a...

speech given recently by the head of northern trust asset management a guy called mike hunstad whom i have to say i never heard of but northern trust manages about 1.4 trillion dollars um he was arguing that artificial intelligence is massively disinflationary and

You know, he makes the argument that so many companies are talking about the efficiency gains that they're going to get from AI, that even if a portion of this materializes, one of the biggest positive supply side shocks ever seen would result.

And he was arguing that the Federal Reserve should assess the effects of AI and new technologies on inflation and the dynamics of inflation before making any interest rate decisions.

So clearly, he does not believe that the Fed should increase interest rates or indeed cut interest rates in the current environment of so much uncertainty.

And that feeds into Kevin Warsh, who is due to take over as chairperson of the Federal Reserve in May.