Richard Oldfield

We think priced into assets at the moment is the inflationary risk.

But the longer this conflict goes on, the more that inflation risk turns into a GDP and growth risk.

We don't see the straits opening quickly.

And of course, bringing oil and LNG back online will take some time even after it does open.

So markets are going to continue to be disrupted.

We think priced into assets at the moment is the inflationary risk.

But the longer this conflict goes on, the more that inflation risk turns into a GDP and growth risk.

We don't see the straits opening quickly.

And of course, bringing oil and LNG back online will take some time even after it does open.

So markets are going to continue to be disrupted.

We think priced into assets at the moment is the inflationary risk.

But the longer this conflict goes on, the more that inflation risk turns into a GDP and growth risk.

We don't see the straits opening quickly.

And of course, bringing oil and LNG back online will take some time even after it does open.

So markets are going to continue to be disrupted.

The heritage, the 300 years together, so it's not just our two centuries of history.

Naveen comes with more than 100 years of history as well, and that actually helps us have very similar cultures.

This is all about the City of London.

We put that right at the heart of the deal, making commitments to the UK and London.