DIPLOMACY REPORT
The Prussians have offered a trading agreement, the British Government accepts
The Ottoman's have attacked an ally. Due to our diplomatic relations with Austria the British Government declare war on the Ottoman Empire
In other news Napoleon has created the Confederation of the Rhine, meaning more nations to fight and more honour to gain.
NAVAL REPORT
The French navy commanded by Villeneuvre has moved east of Gibraltar;
I was hoping to try and keep Nelson's fleet in pursuing distance of the French; but for this unexpected turn up
Nelson will engage the Dutch fleet and remove this threat to British shipping. Nelson may lose contact with Villeneurve but if I tried to stay in contact with him Nelson could face being trapped between the two fleets, or risk having an enemy fleet moving into the English Channel.
The Dutch fleet turns out to be a trading convoy with a couple of escorts, not a major threat to Nelson or the Royal Navy. Nelson already committed to battle engaged the fleet and destroyed it, at least it will limit the enemies economy. The outcome though is that Nelson will have to return to Portsmouth for repairs and certainly lose contact with Villeneurve.
The French move troops into Brest ending the Cornwallis' blockade on the port . Cornwallis will be order to move out into the Atlantic to act as an early warning system if any enemy fleets approach the British Isles.
Cornwallis moves into the Atlantic, note Nelson returning to Portsmouth, and French troops occupying Brest.
Elphinstone's blockade ends as well so begins raiding Dutch trading routes
CONCLUSION
Nothing further to report, the Treasury needs to be improved before any further investments can be made.