The market was looking for more of a split.
Companies have been subject to pressures to look after shareholders by increasing dividends and doing share buybacks and also having to put money into their own pension funds.
There's a little bit more caution coming into the investment outlook mostly because of fears of higher interest rates in the U.S. and Europe and now Japan.
The picture is still rosy for the near term; you're looking at higher interest rates overseas but not in the UK. The growth cycle still seems to have legs. We're seeing fairly good earnings momentum and profits growth.