Oh, Tesco: please don’t go giving EDDC any ideas!

After all, should they move to Skypark, they will practically be on the runway of Exeter Airport so our Leader might think he needs one of these (going cheap, of course):

http://www.bbc.co.uk/news/business-29488777

But beware (from the same article):

“There is a theory that when big companies splash out on new headquarters or other lavish items, their demise is waiting around the corner.

RBS moved into its huge new headquarters outside Edinburgh just before the financial crisis in 2007. Something similar happened to Lehman Bros, Anglo Irish Bank, Enron and Andersons.

Hubris at the top of an organisation can be fatal in business terms as it signals that the hunger that got that firm to the top is waning.

Tesco will hope that its move to swiftly sell all five of its private jets will ground the company and its ambitious executives in the reality of the task that faces them.

The days of unstoppable growth and profits are over thanks to Aldi and Lidl. The days of frugality, hard work and no private jets await.”