That’s how much Tesco makes according to this article by James Robinson in today’s Observer newspaper. That’s not far off a quarter of a million pounds an hour, or £6million per day. Nice work if you can get it.

The statistic that really startled me though is that Tesco takes £1 of every £8 we spend as consumers in the UK. That really must make them alarmingly powerful.

I wonder what their view on localism is.

Stuart Beebe: "Societies do what societies think"

Originally uploaded by PhilWolff.

I’m interested in learning more about localism.

I want to find out what it means, and how its meaning varies from context to context. In economics, politics, food and agriculture, broadcasting and religion both here in the UK and elsewhere in the world.

This is the current Wikipedia definition of localism:

Localism usually describes social measures or trends which emphasise or value local and small-scale phenomena. This is in contrast to large, all-encompassing frameworks for action or belief.

Localism can therefore be contrasted with globalisation, although the two are best seen as complementary rather than opposing. Localism can be geographical, but often it is not.

I wonder who’s supports it, and what they’re doing about it?

I wonder who’s against it, and what they’re doing about it?

How local is local?