Horror and panic sell.
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Three cheers for Big Liz Truss giving the badly run and over-exposed pension funds a warning shot.
From what I understand the problem was with the Government Bonds they are legally required to own to add stability.
Not sure how anything that can half in value in 6 hours is in anyway "stable", but here we are.
The man does not have the ego to manufacture lies and deceit. We came so close.
You sure about that m8?
https://www.telegraph.co.uk/news/201...showed-craved/
The media slander campaign on him was laughable at times.
:D fucking hell
Workers of the World, unite! You have nothing to lose but your ties! That's how that quote goes, right?
No idea how true the second part of that tweet is, but Charles should give serious consideration about using his powers to dissolve parliament. Legacy cemented, follow that Wills.
If he was that bothered, he'd be turning up at COP27.
Why would she ban the King from speaking about climate change? What possible benefit is there.
Yeah, he's been doing a much better job than Giggles has for Ireland.
I think position that worked better for Liz as she became Queen at 25 and in the 1950s, whereas Chazza has been talking about climate change for about 40 years so it's pointless pretending he's suddenly had a change of heart and now couldn't give a shit because his mum's died.
Doesn't mean he has to do Telegraph columns about tax policy.
The Constitution (unwritten as it may be) says he has to as far as I'm aware.
It's outdated and stupid, but, well, that's their whole deal. Isn't it? Tradition and pomp. Being above petty human concerns is the role.
Is KC3 a climate nut too?
He's a big plant talker.
I thought it was about 5. As you were Liz.
Trying to come up with a straight answer about reactor construction is a bit of a mess. On average, it's 10 but there's also some red tape and costs that impedes us from building reactors.
Renewable energy is also much cheaper to build and quicker to deploy. Shame.
Once the reactor is up to speed, it's cheaper to run for greater yield. Plus you need a lot less land. It should be an option but not the option.
Driving through France recently it struck me how great onshore wind is (I don't know how much of it they actually have statistically, but there were loads of windmills in certain regions). I thought it was quite nice to have these massive things visibly producing your energy. Beats electricity pylons, anyway.
Not sure why we can't have much more.
Have you been to Lincolnshire? Just cover the whole place in them.
I have not.
Doesn't offshore wind generally make more sense for Britain though? Or is that massively more expensive?
According to this, there are more windfarms in Northern Ireland than England. What the fuck are you lot doing?
It's probably easier to convince the locals when their surroundings already look like an outtake from Fall Out 3.
Speaking of which, took the dog for a walk along Shoebury East Beach today. You could power half of the South East by sticking a load here.
https://i.ibb.co/8z18mnS/20221002-135417.jpg
I see Braverman has been talking about international students (aka the people that quite literally pay for our entire higher education sector) "not contributing to growth". I assume she's worked out the easiest route to claiming you've cut immigration is to start being a dick about student visas again.
Genuinely feels a bit like the country are all stood on some sort of Indiana Jones style rickety bridge over a chasm, watching our own demented government trying to chew through the ropes.
Does she have any idea how Chinese Durham is?
The business talking head on QT just gone reckoned Rolls Royce could crank out a nuclear generator that can power a city the size of Sheffield within 5 years.
The Rolls-Royce reactor stuff seems to be stuck between financial guarantees and having a site (or at least plans to have one) to eventually stick all of the shit in, as well as the inevitable issues with pensioners not wanting their view of a turnip field ruined. It's proven technology so you have to wonder what else they are waiting for.
If it is legitimately fear of pissing people off, they should just build them in Labour safe-seats.
I still maintain we should just turn the middle bit of Australia into a giant solar array
Different ministry, same u-turns.
https://www.bbc.co.uk/news/live/uk-politics-63114183
:D
Is it not all part of the plan?
The worry here is that it shows that they won't press the actually important things like planning reform, which sinks the full country as well as them. Maybe George Osborne was right (for once) and they should make everything into a proper budget with a confidence vote.
Yep. The 45p thing means very little, even against some of their other changes last Friday. But it's what will cut through most to the voters, even though those who follow politics see it for what it is: another naïve, indecisive Government.
Nice of Ofgem to catch up.
Ofgem have been going over 20 years. They should have had such provisions written in all along. However likely or unlikely, it's a dreadful oversight on their part.
This has got to be one of the least cohesive party conferences in my lifetime. Everywhere you look there's another MP breaking ranks. Potentially another 18 months of this nonsense. :sick:
We really need an election. This lot are done. They must know they actually need a break to rebuild.