I am guy johnson. Francine is not here today. She is at the bloomberg summit. She will be back soon. Our top story. Lets talk about tesco. Bleak news again. It was not top 114 billion pounds and shares will be down as much as 14 . Charles, 100 days. Big ofthis come as a surprise they significantly reviewing . He said he was going to review it and we knew it in october. It was a degree to which it is him giving the guidance and that he did not give at the end of the told her. The key point is the commercial policy which we knew tesco had they buyhigh how from supplies and cello. The way they were buying was also in a mess. Is he big question is going to get us back to where we a newfore our are we in normal where the company will be at a lower level . Unlikely that is the Trayvon Martin and that tesco had for many years that years and we many will get more guidance in january. What is done in the short term is say, all of the back margin deals going on and they came in a number of ways
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