Tesco

Time to stop making single-use plastic bags?

The past few years have seen an increasing number of countries and major companies moving to ban or reduce the use of plastic bags. Now Austin, state capital of Texas, and the 14th largest US city has voted to introduce criminal penalties for any reta…

Record high oil prices hit demand

The blog is quite surprised at the mainstream media’s lack of interest in the fact that average Brent oil prices were at record levels in 2011 in real terms (adjusted for inflation).

The annual average of Brent prices recorded by the US Energy Infor…

Tesco says ‘Today is the New Normal’

The world’s leading retailers have been extremely reliable leading indicators for the chemical industry, since the Great Recession began.

They were the first, back in July 2007, to highlight the major changes underway in consumer markets. Tesco, the …