What happened there and how do we get back that notion of championing the capital city on a global stage?

I think there's a lot of noise out there, and that's the issue.

We are in more difficult times, and a lot of that is driven by global instability.

And you work out pretty quickly that interest rates govern the mood of the world on a day-to-day basis.

And I think it becomes a noisier environment when things are more challenging, and therefore the ability to champion slips down the agenda a bit.

But if I think about the way we positioned London in the good times when there was capital flowing strongly from global regions between 2011 and 2020 leading into COVID.

The way we positioned it was around, as Ali says, the educational system, the familiarity of London for global investors.

So we're definitely confident about an uptick in investor activity through into 2027.