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

Another sector that can block change is steel.

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Its brawny design including double-layer cinder-block walls reinforced by heavy duty steel bars and cement piers that plunge 30 feet into the ground should allow it to withstand winds up to 200 mph.

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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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With state steel mills, petrol stations and meat-packing factories among the many public enterprises on the auction block, Ataturk's legacy of state-led industrialisation will soon have rusted away.

ECONOMIST: A survey of Turkey

When I first moved to Chicago -- before any of the students in this room were born -- (laughter) -- and a whole lot of people who are in the audience remember me from those days, I lived in a community on the South Side right up the block, but I also worked further south where communities had been devastated by some of the steel plants closing.

WHITEHOUSE: President Obama Speaks on Building Ladders of Opportunity into the Middle Class | The White House