In reply to Jeff miller.

To be honest I can't see much value in taking an "objective" stance if that means just reporting two different views. The views of the two reports are laid out - and you can obviously read them if you want to (I am hoping I will be able to make the Exane one public - I do have a copy but am not sure whether I can distribute it). I want to add something more and I have an opinion. This is, after all, an opinion piece. If having an opinion makes me biased then so be it. Like I say people are free to disagree but I'd live to have some substantive arguments about why people disagree, rather than just an accusation of bias. I can't stand the "she said-he said" style of most supposedly balanced journalism today.