[-] [email protected] 22 points 1 month ago

This makes me want to sing the Tetris theme.

[-] [email protected] 23 points 3 months ago

That's because there haven't been any successful economic policies since then.

[-] [email protected] 39 points 4 months ago

Drax helps the UK government meet its climate targets because, on paper at least, the power station is treated as emission-free. This is because international carbon accounting rules state that greenhouse gas emissions from burning wood are counted in the country where the trees are felled as opposed to where they are burned.

Such bullshit. All the emissions happen here, but they don't get counted here.

[-] [email protected] 18 points 4 months ago

Well maybe the government should stop being so objectionable, and instead represent the people. You know, the thing they're employed to do.

[-] [email protected] 31 points 4 months ago

The modernisation of the royal palace has long been used to justify increases in the sovereign grant, which was just £31m when it was first introduced in 2012-2013. Under a “golden ratchet” clause in the Sovereign Grant Act, the amount of money handed to the monarch can never fall, even if the crown estate’s profits decrease.

A Treasury spokesperson said: “The grant has been largely unchanged since 2020 and this temporary increase covers the remainder of the Buckingham Palace refurbishment. We will review the grant in 2026, expecting to bring it back down in 2027.”

How can they bring it down in 2027 when there's this golden ratchet clause that says it never goes down?

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Good sport (feddit.uk)
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[-] [email protected] 24 points 5 months ago

My dad claimed to have seen one of these inside a plane when he was in the RAF, although he referred to it as ball lightning.

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Still going in (lemmyf.uk)
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Are you ok? (i.imgur.com)
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submitted 5 months ago by [email protected] to c/[email protected]

I figure it's probably time this community has some formal rules, that way I can properly justify wielding a ban hammer from time to time. So far we've skirted by without a single report or any issues I felt worthy of attention, however someone finally broke my duck and sent a report.

This place is nothing without the users that visit and populate it with content, though, so I'm creating this post to ask you lovely folks how you think the community should be run.

Here's a set of rules I totally made up myself and didn't steal from somewhere else:

Rules

  1. No bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia. Code of Conduct.
  2. Be respectful, especially when disagreeing. Everyone should feel welcome here.
  3. No porn.
  4. No Ads / Spamming.

I'd also probably throw something in there about AI images, but I can't be bothered to write that now and my dinner's getting cold.

[-] [email protected] 17 points 6 months ago* (last edited 6 months ago)

The company directors of the market have gone into administration, forcing all traders to shut up shop with ‘immediate effect’.

This isn't worded right, let alone a proper journalist's assessment of the situation. First, the business has gone into administration, not the directors. Second, they haven't dug in and provided any insight into why the indoor market business has gone into administration.

Given that it's the stores themselves that pay the bills to the market, I can't imagine that's the reason. The business would put prices up, then the stores would close before the business does.

https://stratfordoriginal.com/news/farewell-to-market-village-in-stratford-centre This is the news article on their website. It also gives no significant information, but states:

We are working closely with the London Borough of Newham to understand the evolving situation

So what's going on here? Who's closing it down, a business or the council? Certainly, the website for the market doesn't seem to be directly connected. If only there was an actual journalist looking at it...

Here is an article from 12 Jan, before it closed, rather than one reporting on the petition to bring it back: https://www.newhamrecorder.co.uk/news/24046578.stratford-centre-confirms-market-village-set-close/

Due to the administration of Stratford Market Properties LTD, we can sadly confirm the imminent closure of Market Village.

"Although part of Stratford Centre, Market Village is not owned by Stratford Centre and is operated as a separate entity.

According to The Gazette (a source for business details of those operating in London), the company Stratford Market Properties LTD was incorporated in 2019. Stratford Market has been around far longer than this. I smell something rotten.

In their first 13.5 months of trading, up until 31 Dec 2020 (including most of covid) they made a loss overall - but only after "administrative expenses" of £785,189, equivalent to 63.5% of their turnover.

The most recent filing from Dec 2022 shows administrative expenses of £1.18M in 2021 (75% of turnover) and £511,743 in 2022 (41.7% of turnover). For some reason, in 2022 there was an "exceptional" administrative income of £67,601.

The balance sheets beyond those basic financials look far worse. There was a £2,442,577 debt recorded in the 2020 filing, which grew to £3,501,446 by 2022. However, this business only started in 2019 - how can a new business have more than £2M in debt when it's only just starting??

Leveraged buyouts, that's one way. You buy a company, but offer less than it's worth (but more than half) and use the company's credit rating to have it take out a loan and cover the rest of the purchase. The new owners take over, but the business is saddled with debt.

I have no idea if this is what's happened here, but I wouldn't be surprised. It's what took down Toys R Us, I suspect it's what happened with BHS and Debenhams, and it's what's happening to Twitter right now.

These rich fuckers are acting with criminal intent to cause harm to society, for their personal benefit.

Also, why the fuck couldn't Ed Cunningham of timeout.com actually dig in and do the fucking job he's labelled himself as having. This didn't take me that long to type out on the fly - I may well have beaten him to publication if we both started at the same time. He should go back to making shitty low-effort J-pop music.

Edit: Also, just in case anyone thinks I'm doxxing the guy, all I did was click the name of the author on the OP website, then click the link in his bio on the website to his music page. I thought maybe his music might redeem him a little, but no.

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dolphins (lemmy.world)
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milk (feddit.uk)
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[-] [email protected] 24 points 9 months ago

That's not what this article is on about, at all.

[-] [email protected] 14 points 10 months ago

The data shows 70-90%. However, about half are no more than 5 mph over the limit.

It also details the caveat that almost all of the 20 mph roads measured are free-flow areas without traffic calming, and it doesn't represent the majority of 20 mph roads where traffic calming is present and traffic will naturally be slower. So, basically they're measuring compliance in 20 mph zones that don't really feel like 20 mph zones.

Compliance is much better for 30, 60 and 70 mph limits.

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Friday night fun (feddit.uk)
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Priorities (feddit.uk)
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[-] [email protected] 23 points 1 year ago

All food is merely a medium for sauce.

[-] [email protected] 20 points 1 year ago

He has every reason, because he's under investigation. The banks (neither the one that closed his accounts nor the 7 others that refused to open for him) almost certainly can't give details for legal reasons.

An MP accused him of accepting £550,000 from RT, so it likely has something to do with that, or perhaps something else they've uncovered.

Basically, watch this space, criminal charges may well follow.

[-] [email protected] 23 points 1 year ago

TL;DR an MP accused him of accepting £550,000 from Russian state news organisation RT.

The banks probably can't say anything for legal reasons. However the fact that it's happening, and the fact that 7 banks have rejected him from opening a new account, strongly suggest it's true.

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Tweak

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