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Im guy johnson. Details coming through from the norse bank. 75 . As cut rates to. We were at 1. . It is a 25 basis cutpoint. Basis points cut. This is interesting. This is a country that has an inflation rate of 2. 9 . That is about target. The reason for that has been the rise of the euro versus their own currency. 1. 71 after that rate decision. Later on, will we will talk at 10 30 with the governor of the norse bank. Governor olsen will be joining the pulse. How is the oil price impacting his thinking . What if draghi decides to push further q. E. . Plenty of questions for the government 10 30 u. K. Time is when you can tune in for that. Lets return to one of the biggest stories of the week. Vw shares on the rise again this morning following the resignation of ceo dr. Winterkorn last night. Giant is hoping to replace them by tomorrow and begin the job of repairing reciprocation following the emissions cheating scandal. Hans nichols is live on location. Hans, can we quantify, get our ....