The Income Portfolio and the Growth Sector

I think, yes, is what I would say. So you're not going to have some horrible disaster coming out here. But it's just that when interest rates go up, you have to look at well, what's the nature of the debt that they have? And all property companies are geared to a greater or lesser extent. The actual underlying growth of Assure is very modest indeed. They used to regularly tap the equity market but now it's at a discount. That means the actual asset value is probably not going to make much progress at all over the next couple of years. and so I think the dividend is safe. You're in Edinburgh, Peter famously, and not far away

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