Losing the economic plot

“The Bank of England (BoE) has declared that men can get pregnant. Yes, you read that right. According to a report in The Times, the central bank’s policies were recently changed so that now they say that pregnancy is something that men, women and a host of other ‘genders’ can experience.”
…
This controversy comes at a time when the Bank of England is coming under heavy criticism for failing to do its actual job – namely, controlling spiralling inflation, which it has routinely underestimated over the past few years.
https://www.spiked-online.com/2023/07/04/why-does-the-bank-of-england-think-men-can-get-pregnant/

“More important still, the rapid shift to EVs may well accelerate the deindustrialisation of America and other Western countries. Although communities may welcome the arrival of new electric-assembly facilities, and underperforming firms like General Motors can hope to use federal EV mandates to boost their market share, many traditional component suppliers are likely to get forced out of business. Overall, electric-car production uses 30 per cent less domestic labour in the US compared with traditional car-making. Ford recently announced massive layoffs, despite landing a $9 billion loan from the Biden administration to bolster its EV production. The firm is currently losing $60,000 per EV, which is not exactly sustainable without massive state subsidies.”
https://www.spiked-online.com/2023/07/03/this-rush-to-electric-cars-is-a-colossal-mistake/

Shake that money maker

“The Sovereign’s estates had always been used to raise revenue, and over time large areas were granted to nobles. The estate fluctuated in size and value but by 1760, when George III acceded to the throne, the asset had been reduced to a small area producing little income – revenue which George III needed to fulfil the Sovereign’s fiscal responsibilities to the nation.

By that time taxes had become the prime source of revenue for the United Kingdom and Parliament administered the country, so an agreement was reached that the Crown Lands would be managed on behalf of the Government and the surplus revenue would go to the Treasury. In return the King would receive a fixed annual payment – formerly known as the Civil List. “
https://www.thecrownestate.co.uk/en-gb/about-us/our-history/

For the crown estate… read the Treasury.

“The crown estate has generated record profits of almost half a billion pounds from Britain’s offshore windfarms, as talks continue over how much of the windfall should be shared with King Charles.”
https://www.theguardian.com/uk-news/2023/jun/29/crown-estate-enjoys-huge-rise-in-profits-thanks-to-offshore-wind

How perfectly 1660 is that? Parliament and the monarch divvying up the profits from the peasantry… 

“The two-year suspension of green levies, which came into place just six months ago, will reportedly end at the start of July. Energy firms and MPs had lobbied for the government to pay the charge during the cost of living crisis. But with energy bills set to fall by an average of almost £500 from July, the government is placing the cost back on households, The Telegraph reported.”
https://www.lbc.co.uk/news/households-green-levy-net-zero-sunak-hunt/

When it’s not running it’s still earning

“Windfarms receive £227million subsidies to switch off

Two huge new offshore windfarms received nearly half of the £227million paid out to operators last year to switch off when it was too windy due to capacity issues with the grid.

Constraint payments are given to operators for switching off turbines, typically when high winds and a high concentration of wind farms means the system doesn’t have the capacity to transport the energy to where it is needed. The cost is added to domestic electricity bills, heaping more misery on households already grappling with soaring energy bills.
…
New analysis from Net Zero Watch has revealed that the cost of paying windfarms to “switch off” has soared, from £143 million in 2021 to £227 million in 2022, an increase of £84 million, or 60%.”
https://www.heraldscotland.com/news/homenews/23238220.windfarms-receive-227million-subsidies-switch-off/

Feudalism never really went away and now it’s definitely on the up.