Julie Logan, of the Cass Business School in London, found in separate surveys in 2001 and 2007 that 20% of the British entrepreneurs and 35% of the American entrepreneurs she studied were dyslexic. (By contrast, only 1% of corporate managers are similarly afflicted.) Famous dyslexic businessmen include Richard Branson, Charles Schwab, Ted Turner, John Chambers and Henry Ford.

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Andre Spicer, a professor of Organizational Behavior at the Cass Business School in London, said the loss of a "great leader" such as Ferguson is similar to "enduring a death" for a company.

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Ajay Bhalla, professor of global innovation management at Cass Business School, said that at the root of Tesco's US problems was a failure to understand that the US retail landscape is different from the UK's.

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According to consumer marketing researcher Vincent Mitchell of Cass Business School, people become "habituated" to certain products - particularly pleasurable ones, such as tea and chocolate.

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Technology such as this may dilute the importance of face-to-face banking and, according to banking expert Peter Hahn, of Cass Business School, remove the need for traditional branches altogether.

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That is not an approach that Dr Amanda Goodall of the Cass Business School would recommend.

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As Peter Hahn of the Cass Business School in London points out, a bank that suddenly increases its market share, or expands its balance-sheet, is usually the one to watch.

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"There's no easy relationship between having a bank holiday and the rate of GDP, " says Les Mayhew, professor of statistics at Cass Business School.

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But it will take more than a handful of firms to change the British consumer mentality, says Vincent-Wayne Mitchell, professor of consumer marketing at the Cass Business School, City University London.

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In a different vein, this month the first batch of students at London's Cass Business School have just begun studying for a special EMBA aimed at would-be commercial managers in the different sport known to Europeans as football, otherwise called soccer.

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