Sam White

So I would say absolutely loss of confidence, firstly in the team, and then from the customer's perspective would be the call on this one.

Private equity has a place in business.

I think it's very difficult when you combine a creative culture led business with a machine that is there just for the purposes of creating high levels of EBITDA and then selling that to be clear.

So private equity is very, very clear.

I buy you for a pound.

I want to sell you for three pound in a few years time.

And that can work in transactional businesses.

But when you've got emotional businesses, businesses that a lot of the team culture is really critical, there can come a point where those two things just don't align.

This is where sometimes the wheels fall off because the desires of one group of people are different to the desires of others.

Hey, hey, how are you?

I do.

I have been to Milton Keynes, although not to Milton Keynes Cinema.

I was probably out drinking in Milton Keynes and not in the cinema.

Ooh.

So is that Virgin?

No, it's not.

No, it's EasyJet.

Yes.

No!

I have not heard of this one.