So Tesco (the UK’s biggest retailer) just announced that it has been overstating its half-year profits by 25% (about £250m). It’s not clear how long this has been going on but the omens aren’t good.
Tesco is to the UK what Walmart is to the USA, minus the firearms. Thousands of stores, millions of customers. It takes nearly 30% of the UK market. It has so much food I get fat shopping there and have to go on diets all the time.
Now, Tesco’s ubiquitous marketing slogan is ‘Every little helps’. And it would appear that the company has been taking this message to heart.
Tonight marks the 25th anniversary of the ‘Great Storm of 1987′. That night 25 years ago southern England was hit by winds as strong as a hurricane – reaching 120 mph. We hadn’t experienced anything like it since 1703 – and it’s unlikely any of us alive today will experience anything like it again.
The British take pride in their weather. Our forecasters are a national institution – we watch them every evening. But that night in 1987 one of our best – Michael Fish – told us that a weather feature forming off the Bay of Biscay west of France was nothing to worry about; how wrong he was.
Lucky this wasn’t the States – he’d have been a goner if it had been left-hand drive
As I sit here on my sofa watching 24 (yes 24) channels of Team GB doing Olympian things my wife decided I needed a supportive kit – to improve my support levels:
…check this lot out. They will make you feel so much better about your life.
Want to see more?
London is a very old city. Its been around since before the Romans. But it is also rather flat. Compared to New York any rate. But things are changing. In the 1980′s Canary Wharf popped up in Docklands. We’ve also got an Erotic Gherkin. And we’ve got a couple of other interesting buildings like ‘Boris’ Testicle’.
But now London is getting serious. Welcome ‘The Shard‘:
No idea whats with the weird freaked out wall of light