 I'm John Batchelor with my colleague Joseph Sternberg. He's in London. He writes the political economics column for the Wall Street Journal editorial page. And there is an election on July 4th. And it's surprising only in that it has not changed since it was first called. The Labour led by Keir Starmer is avowedly ahead by so much it doesn't look like a real poll. I think it's somewhere in the 40s.