:14:10. > :23:28.Said it would be this way and in the US. It was the same. One quick
:23:29. > :23:40.question. My interpretation of the report is you seem to be suggesting
:23:41. > :23:47.that with the, growth will also call, which will have an impact on
:23:48. > :23:56.budgets. Fundamentally, it is productivity growth that drives wage
:23:57. > :24:02.growth. We're looking at a period of lower wage growth? Yes, lower trend
:24:03. > :24:11.product over the growth goes through to lower output growth, which leads
:24:12. > :24:15.to that. On the income side, it shows up in wages and expenditure,
:24:16. > :24:28.and consumer spending and business investment. -- business investment.
:24:29. > :24:31.That is where we have to leave this. You can find more on the website.