Sir Terry, like Sir Peter, comes from modest origins in Merseyside, but whereas the quiet, lean Sir Terry still collects visitors personally from the lobby of Tesco's shabby headquarters in Cheshunt, the charismatic, rotund Sir Peter directs Sainsbury's fortunes from a glass-and-steel office block in central London and seems most at home at the Royal Opera House, where he is a director.

ECONOMIST: Face value

There's simmering discontent at the increasing membership of the House of Lords and the former Liberal leader, Lord Steel of Aikwood, has put down a motion to block any more additions.

BBC: Week ahead

Likewise, who would dominate the region's steel mills, especially in Luxembourg, which could provide a basic building block for mid-20th century military power?

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