My friend Jock, I totally agree with you - it's going to be challenging for the next 5 years. A Spanish bailout will not materially affect IB. If customer numbers drop together with yields and our cost cutting programme is not implemented then we're talking serious trouble, but all is in hand. As I've said on numerous occasions we all need to do our bit and there's still meat on the bone in BA. IB has hardly been touched yet.
I've every faith in Willie. He's steered us through tough times and I'm sure he'll still be here in 5 years to announce a £1 billion profit - that's our target!