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☆ Brits brace for higher mortgage payments despite Bank of England seen cutting rates
▼ + stars: | 2024-11-06 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Oversnap | E+ | Getty ImagesLONDON — Britons are facing the prospect of higher mortgage rates for longer after the government's tax-and-spend budget threw off expectations for a series of near-term interest rate cuts. Mortgage rates also took a hit from the uncertainty, with a number of smaller and mainstream lenders raising mortgage rates on the expectation that interest rates may stay higher for longer. watch nowVirgin Money became the first major lender to raise mortgage rates after the budget, lifting them by 0.15%. "This isn't the radical spike in rates that have blighted mortgage rates in the last couple of years. He added that interest rates could now remain 50-basis-points higher than previously expected at the end of the cutting cycle.

Persons: Rachel Reeves, Reeves, —, David Hollingworth, Hollingworth, Allan Monks, BOE Organizations: Bank of England, Wednesday, Virgin Money, Santander, Morgan's Locations: London's, Oversnap

☆ Dollar dips as U.S. election outcome remains uncertain, Fed rate cut looms
▼ + stars: | 2024-11-04 | by ( ) www.cnbc.com time to read: +3 min

The euro rose 0.4% to $1.0876 but faces resistance around $1.0905, while the dollar dipped 0.3% on the yen to 152.45 yen . Analysts believe Trump's policies on immigration, tax cuts and tariffs would put upward pressure on inflation, bond yields and the dollar, while Harris was seen as the continuity candidate. "A Harris win and a split Congress would likely result in 'Trump trades' quickly reversed and priced out," he added. Uncertainty over the outcome is one reason markets assume the Federal Reserve will choose to cut rates by a standard 25 basis points on Thursday, rather than repeat its outsized half-point easing. Futures imply a 99% chance of a quarter-point cut to 4.50%-4.75%, and an 83% probability of a similar-sized move in December.

Persons: Kamala Harris, Republican Donald Trump, Harris, Chris Weston, Trump, Goldman Sachs, Jan Hatzius Organizations: Democratic, Republican, Dealers, Trump, Reserve, of England, Norges Bank, Reserve Bank of Australia, Labor, China's National People's Congress, Reuters Locations: Asia, United States, Iowa, Treasuries, gilts, Beijing

☆ Election stressing you out? Here’s what to watch to unplug
▼ + stars: | 2024-11-02 | by ( Dan Heching | ) edition.cnn.com time to read: +3 min

CNN —As the nation and the world waits and watches for the results of the US presidential election this week, it’s safe to say that tensions may be running high. ‘Red, White & Royal Blue’(from left) Taylor Zakhar Perez and Nicholas Galitzine in "Red, White & Royal Blue." The movie was so cheeky and popular, it just might lead to a sequel. Directed and cowritten by Beatty, the movie was nominated for a best original screenplay Oscar at the time. ‘Dick’(from left) Kirsten Dunst, Michelle Williams and Dan Hedaya in "Dick."

Persons: Reese Witherspoon, Matthew Broderick’s, “ Ferris, Taylor Zakhar Perez, Nicholas Galitzine, Jonathan Prime, Casey McQuiston, King, England, Katie Holmes, Michael Keaton, ‘, ’, Michael Douglas, Annette Bening, Bulworth ’ Halle Berry, Warren Beatty, Halle Berry, “, Beatty, Oscar, Dave ’ Kevin Kline, Sigourney Weaver, Dave, Warner, Kevin Kline, ‘ Dick ’, Kirsten Dunst, Michelle Williams, Dan Hedaya, Dick, Kerry Hayes, Nixon –, Dan Hedaya – Organizations: CNN, Secret Service, ” Universal, Warner Bros, “ Locations: “, Columbia

☆ Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say
▼ + stars: | 2024-11-01 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

Loading chart...LONDON — U.K. borrowing costs posted two days of gains right after the Labour government unveiled a huge package of borrowing and tax rises in its Wednesday budget — but analysts downplayed the possibility of a second "mini-budget" crisis in the British bond market. The 10-year gilt yield , representing medium-term borrowing costs for the government, was slightly lower on the day at 11:20 a.m. London time. Yields move inversely to prices, so higher yields represent a sell-off in bonds — and an aversion to funding U.K. debt. The incident sent bond yields soaring so rapidly, they threatened to destabilize pension funds. Loading chart..."The market is right to be concerned" about the U.K. fiscal outlook, Mohit Kumar, chief financial economist for Europe at Jefferies, told CNBC.

Persons: Rachel Reeves, Reeves, Liz Truss, BOE, Susannah Streeter, Hargreaves Lansdown, It's, Streeter, CNBC's, Sterling, Mohit Kumar, We've Organizations: LONDON, Labour, Wednesday, Bank of England, Deutsche Bank, Hargreaves, U.S ., Jefferies, CNBC Locations: London

☆ UK businesses warn Labour government's tax-raising budget will hurt hiring and boost inflation
▼ + stars: | 2024-10-31 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London, UK, on Wednesday, Oct. 30, 2024. Bloomberg | Bloomberg | Getty ImagesLONDON — British businesses are smarting after Finance Minister Rachel Reeves' bumper tax-rising budget, with analysts warning that the measures could slow hiring and push up inflation. Under the new rules, employer NI will rise by 1.2 percentage points to 15% from April 2025, while the level at which employers start paying NI for workers will drop from £9,100 to £5,000. Rain Newton-Smith, chief executive of the Confederation of British Industry, a business interest group, described it as a "tough budget for business." That is because businesses could pass on the additional costs to consumers by increasing the price of their products.

Persons: Rachel Reeves, Reeves, —, Roger Barker, Barker, Mike Kemp, Andrew Martin, Newton, Smith, Morgan, Andrew Sheets, CNBC's, Morgan Stanley Organizations: Bloomberg, Getty, LONDON, National Insurance, Labour, Conservative, Institute of, Institute of Directors, of British Industry, Corporation, Insurance, CNBC, Bank of, Morgan Locations: London, City of London, United Kingdom

☆ UK borrowing costs soar day after Labour government unveiled tax-raising budget
▼ + stars: | 2024-10-31 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

watch nowLONDON — U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing. Yields had already risen on Wednesday shortly after the budget announcement by Finance Minister Rachel Reeves, which contained plans for £40 billion ($52 billion) worth of tax hikes and committed to substantially higher borrowing in the coming years. Despite the big moves this week, the gilt market is remaining relatively stable compared to September 2022, when the U.K. suffered its so-called "mini-budget crisis." Analysts had said ahead of the October 2024 budget that such bond market volatility was unlikely to repeat itself, largely because the U.K. inflation has dropped sharply since the Truss era. Analysts at Goldman Sachs said Thursday it would "reduce the urgency for sequential cuts in the near term."

Persons: Rachel Reeves, We've, Liz Truss, Truss, Reeves, Goldman Sachs, Morgan, Andrew Sheets, BOE, Sterling Organizations: Labour Party, Labour, ING, Budget, Conservative Party, Bank of England, Goldman, CNBC, U.S Locations: London

☆ It's unclear if UK's big spending plan can boost growth over mid-to-long term: Economist
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's unclear if UK's big spending plan can boost growth over mid-to-long term: EconomistRob Sockin from Citi discusses his view on Labor party's budget announcement and what it means for Bank of England's rate cut trajectory.

Persons: Rob Sockin Organizations: Citi, Labor, Bank of

☆ UK borrowing costs spike after extensive tax hikes announced in budget
▼ + stars: | 2024-10-30 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Maja Smiejkowska | ReutersLONDON — U.K. borrowing costs on Wednesday touched their highest level since Labour took office, after Finance Minister Rachel Reeves unveiled a vast package of tax hikes in her first budget. The yield had cooled to a 3 basis point rise to 4.35% by 4:00 p.m. U.K. time (12:00 p.m. The yield on 2-year bonds, which in the U.K. are known as gilts, were over 6 basis points higher at 4.33% after rising by as much as 10 basis points. The Treasury separately said it would raise gilt issuance by £22.2 billion ($28.9 billion) to £299.9 billion for the fiscal year to meet its net financing requirement. Those included the facts that many key policies had already been announced, and that any increase in borrowing would be to fund public investment.

Persons: Rachel Reeves, Maja Smiejkowska, Reeves, Liz Truss Organizations: Reuters LONDON, Labour, Treasury, Conservative Party, Bank of England Locations: London, Britain

☆ Elon Musk’s X is boosting election conspiracy theories with AI-powered trending topics
▼ + stars: | 2024-10-26 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

On Monday, Grok uncritically repeated debunked allegations of wrongdoing related to the voting machine company Dominion Voting Systems. It created a “story for you” repeating unfounded allegations by X users that she used cocaine in the White House, and it created a “story for you” repeating allegations by X users that she attended parties hosted by Sean “Diddy” Combs, who’s facing federal sex-abuse charges. In recent weeks, dozens of X users have posted about “explore beta,” and the vast majority of the posts have been negative. Some X users who browse the app’s trending topics see only ranked lists of popular subjects, with no AI-generated text. It’s also not clear if X plans to expand the Grok summaries from a beta test to a standard feature.

Persons: Elon, Kamala Harris, Donald Trump, Musk, Grok, Grok uncritically, Grok’s, ”, Harris, Sean “ Diddy ” Combs, Combs, Misa Hylton, it’s, Joe Biden, Biden, It’s, X Organizations: NBC News, Voting Systems, Dominion, Fox News, Local, Democratic, Grok, SpaceX, Bloomberg, Trump, Trump voters, NBC, Dominion Voting Systems, Twitter, Associated Press, Reuters, soccer team Locations: Maricopa County , Arizona, Tarrant County , Texas, Pennsylvania

☆ Economists see UK cutting interest rates more substantially as inflation pressures ease
▼ + stars: | 2024-10-22 | by ( Jenni Reid | ) www.cnbc.com time to read: +5 min

Mike Kemp | In Pictures | Getty ImagesLONDON — The U.K. is likely to see interest rates drop at a faster pace than previously expected, according to economists who flagged key data releases that indicated inflationary pressures are finally easing. However, economists at Goldman Sachs in a Monday note forecast rate cuts "notably below market pricing." As a result, they see consecutive 25 basis point cuts taking the Bank Rate to 3% as early as September 2025, and to 2.75% in November next year. "Recent data have cemented expectations of another cut in interest rates in November. "That said, uncertainty around the economic outlook is high, and interest rate expectations will be sensitive to what the government announces in the Budget," Muir added.

Persons: Mike Kemp, Goldman Sachs, BOE, Price, —, James Smith, Smith, David Muir, Muir, Keir Starmer, Rachel Reeves Organizations: of England, Labour, Bank of England's, BOE policymakers, Bank of England, ING . Services, Reuters, International Energy Agency, U.S . Federal Reserve, European Central Bank, Moody's, Finance Locations: City of London, London, United Kingdom

☆ IMF hikes UK growth outlook amid lower inflation and interest rates
▼ + stars: | 2024-10-22 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

General view of the City of London skyline, the capital's financial district, in October. LONDON — The International Monetary Fund on Tuesday raised its 2024 growth outlook for the United Kingdom, saying declines in interest rates and inflation would boost domestic demand. The IMF now sees 1.1% growth for the U.K. economy this year, up from a July forecast of 0.7%. Inflation in the U.K. came in at 1.7% in September, a decline from 11.1% in October 2022. Economic growth has been tepid so far this year, coming in at 0.2% in August after flatlining in June and July.

Persons: flatlining Organizations: LONDON, Monetary Fund, IMF, Bank of England Locations: London, United Kingdom

☆ Asking prices for UK homes barely rise in October, Rightmove says
▼ + stars: | 2024-10-21 | by ( ) www.cnbc.com time to read: +1 min

Asking prices for British homes rose only marginally in October as more properties came onto the market, according a survey on Monday that also suggested some buyers were waiting for clarity on tax changes in the new government's upcoming budget. Asking prices rose by just 0.3% in October, well below their average for a 1.3% monthly increase for the month, property website Rightmove said. Overall activity in the property market remained strong, with buyer demand rising. "Despite a budget-shaped cloud on the horizon, the big picture still looks positive for the market heading into 2025. Mortgage lenders Halifax and Nationwide both reported rises in house prices in September.

Persons: Rightmove, Tim Bannister, Bannister Organizations: Bank of England, Nationwide Locations: London's Muswell Hill, London, Halifax

☆ Airport introduces time limit on hugs
▼ + stars: | 2024-10-19 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In travel news this week: the Chinese pets earning “snack money” in cafés, a European capital that’s had enough of “drunk” tourists, and the New Zealand airport that’s curtailing caresses. Dunedin Airport CEO Daniel De Bono weighed in on the topic in an interview with New Zealand’s RNZ radio. Tradition is also important in this century-old “masterpiece café” cafe in Tokyo which discourages socializing and forbids mobile phones. In case you missed itThis airport landing is so difficult only 50 pilots can do it.

Persons: that’s, fonder, Daniel De Bono, De Bono, “, ”, Mario, Donkey Kong, Lindz, she’d, Scot, they’ll, it’s Organizations: CNN, New, Dunedin Airport, Nintendo Museum, Egyptian, Universal Orlando, New Yorker Locations: cafés, New Zealand, Dunedin, Tokyo, China, Hell, Pamukkale, Turkey, Darvaza, Turkmenistan, Uji, Kyoto, Japan, New, Spain

☆ Dollar rides 'Trump trade' toward third weekly rise, markets brush off China GDP
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: +5 min

The onshore yuan ticked 0.06% higher to 7.1199 per dollar, while its offshore counterpart rose 0.12% to 7.1282. Data on Thursday showed U.S. retail sales growth was higher than expected and the ECB cut interest rates by 25 basis points. "All of that has played in to a stronger dollar," said Jason Wong, senior strategist at BNZ in Wellington. The New Zealand dollar was similarly eyeing a 0.75% fall for the week and was little changed at $0.6063 in the Asia session. The U.S. dollar index hit a 2-1/2 month high of 103.87 on Thursday and is up nearly 0.8% forthe week thus far.

Persons: Donald Trump, Ho Woei Chen, Jason Wong, There's, Yahya Sinwar, Israel's, Benjamin Netanyahu, Sterling Organizations: European Central Bank, People's Bank of China, Securities, Fund, Insurance, ECB, Reuters, Trump, New Zealand, Bank of England, U.S Locations: Asia, China, Wellington, U.S, Israel, Gaza

☆ UK inflation falls sharply to 1.7%, below Bank of England's target for first time in over three years
▼ + stars: | 2024-10-16 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

The Canary Wharf business district is seen in the distance behind autumnal leaves on October 09, 2024 in London, United Kingdom. LONDON — Inflation in the U.K. dropped sharply to 1.7% in September, the Office for National Statistics said Wednesday. Economists polled by Reuters had expected the headline rate to come in at a higher 1.9% for the month, in the first dip of the print below the Bank of England's 2% target since April 2021. Inflation has been hovering around that level for the last four months, and came in at 2.2% in August. Core and services inflation are key watch points for Bank of England policymakers as they mull whether to cut interest rates again at their November meeting.

Persons: Price Organizations: National Statistics, Reuters, Bank of England's, Bank of England Locations: Wharf, London, United Kingdom

☆ Five athletes who’ve shone: A record-breaking marathon to a brilliant offensive display in the NFL
▼ + stars: | 2024-10-14 | by ( Johannes Sasay-Wada | ) edition.cnn.com time to read: +7 min

Ruth ChepngetichKenya’s Ruth Chepngetich became the first woman in history to finish a marathon in under two hours and 10 minutes on Sunday. Chepngetich’s time of 2:09:56 smashed the previous record by almost two minutes as she stormed to victory in the Chicago Marathon. Stewart led all scorers with 21 points, grabbing eight rebounds and nabbing seven steals – a record for a WNBA Finals game. The running back leads the league with 704 rushing yards, nine touchdowns and has the second most yards per carry in the NFL to boot. Derrick Henry leads the NFL this season with 704 rushing yards.

Persons: That’s, Ruth Chepngetich Kenya’s Ruth Chepngetich, Ethiopia’s Tigist Assefa, Paula Radcliffe’s, Chepngetich, Michael Reaves, Kedebe, Kenyan strode, Kelvin Kiptum, Breanna Stewart Breanna Stewart, Stewart, –, Stewart dribbles, Dustin Satloff, Barclays Center – Stewart, Jack Flaherty, Dave Roberts, Kiyoshi Mio, Reuters Flaherty, Derrick Henry, Henry, Jayden Daniels, LaDainian Tomlinson, Jordan Mason, Tommy Gilligan, Tennessee Titan, Lamar Jackson, Khadija Shaw, Bunny ” Shaw, Olivia Smith’s, Shaw, Mike Egerton Organizations: CNN, MLB, Chicago Marathon, Kenyan, New York Liberty, Minnesota Lynx, WNBA, Liberty, Barclays Center, Lynx, Los Angeles Dodgers, New York Mets, Dodgers, Mets, Dodger, Sports, Reuters, San Diego Padres, Baltimore Orioles, NFL, Ravens, Washington, Pro Football Hall of, USA, AFC North team’s, Baltimore, Manchester City, Liverpool, Anfield, League, Man City, City, Barcelona Femení, UEFA Women’s Locations: Windy, New York, Minnesota, Burbank , California, Tennessee, Jamaica

☆ What Kate’s surprise visit says about her recovery
▼ + stars: | 2024-10-11 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +4 min

Editor’s Note: This is a version of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. London CNN —Catherine, Princess of Wales delighted royal-watchers this week with an unexpected appearance alongside her husband, Prince William. “I think that just shows a really caring side and is very, very touching for them.”William and Kate speak to members of the emergency services during a visit to Southport Community Centre in Southport, northwest England on Thursday. Danny Lawson/Getty ImagesIt was a big moment for the popular 42-year-old royal – her first public outing since wrapping up her chemotherapy treatment. And if all continues well, it could mean she takes on more in the new year and perhaps, even, starts traveling again.

Persons: London CNN — Catherine, Princess, Wales, Prince William, William, Kate, Bebe King, Elsie Dot Stancombe, Alice da Silva Aguiar, Taylor Swift, Phil Garrigan, ” William, Danny Lawson, King Charles, don’t Organizations: CNN’s Royal, London CNN, Merseyside Fire, Rescue Service, UK’s, Media, Southport Community Centre, Getty, CNN Locations: London, Southport, England, AFP, Windsor

☆ UK economy grows 0.2% in August, in line with expectations
▼ + stars: | 2024-10-11 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

LONDON — The U.K. economy grew 0.2% in August on a month-on-month basis, flash figures published by the Office for National Statistics showed Friday. Gross domestic product (GDP) came in line with the expectations of economists polled by Reuters, who had forecast growth of 0.2%. Britain's economic growth was up 0.2% in the three months to August, compared with the 0.5% recorded in the three months to July. Finance Minister Rachel Reeves welcomed the data, saying returning the economy to growth is the government's "number one priority." "With interest rates beginning to fall, the responsibility has shifted from the Bank of England to Rachel Reeves, who must now make critical fiscal decisions.

Persons: Rachel Reeves, Reeves, Lindsay James Organizations: Office, National Statistics, Gross, Reuters, Labour, Conservative, Quilter Investors, Bank of Locations: Britain

☆ Dollar on a roll after U.S. jobs data and Middle East flare-up
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: +3 min

Bank notes of the Chinese yuan, Japanese yen and the U.S. dollar. Japan's yen fell to its lowest in nearly two months and other major currencies too were grappling with losses early on Monday as the dollar extended a rally sparked by Friday's strong U.S. jobs data and an escalation in the Middle East conflict. But that came on top of a more than 4% decline last week, its biggest weekly percentage decline since early 2009. Yields dipped early last week when investors bought safe-haven Treasuries after Iran launched more than 180 missiles against Israel in escalating geopolitical tensions. Market expectations have swung to the extreme for the Federal Reserve to do just a 25 bps cut in November, rather than 50 bps, following the jobs data.

Persons: Friday's, Chris Weston, haven't, Brent, underperformance, Shigeru Ishiba, Sterling, Huw Pill, Andrew Bailey, BoE Organizations: U.S ., Federal, U.S, Treasuries, Federal Reserve, Bank of England Locations: China, East, Israel, Lebanon, Gaza, Iran, Japan

☆ UK house sales rise since the Covid-19 boom as lower mortgage rates spur activity
▼ + stars: | 2024-10-03 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

A pedestrians looks at residential properties displayed for sale in the window of an estate agents' in Windsor, west of London. LONDON — Lower mortgage rates are sparking an uptick in the U.K. housing market, following a surge in the pace of home sales last month, data showed. Shares of U.K. homebuilders Taylor Wimpey and Barratt Developments both rose more than 2.1% following the data release. Some rates for such products have dipped to 3.7%, well below the BoE's 5% key rate. Mortgage approvals rose in August to the highest level in two years in years, the Bank of England said Monday.

Persons: homebuilders Taylor Wimpey, Richard Donnell, Andrew Bailey Organizations: Barratt, Nationwide, Bank of England's, Bank of England, Bank Locations: Windsor, London, LONDON

☆ Sterling plunges 1% against dollar after Bank of England governor's comments on rate policy
▼ + stars: | 2024-10-03 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Andrew Bailey, Governor of the Bank of England, gestures as he addresses the media during a press conference at the Bank of England in London on Aug. 1, 2024. The British pound tumbled more than 1% against the U.S. dollar on Thursday after a The Guardian report that Bank of England Governor Andrew Bailey suggested more positive inflation data could lead the central bank toward a more aggressive approach to interest rate cuts. He also said he was encouraged that cost of living pressures had not been as persistent as previously thought, according to the Guardian. The central bank held its key rate in September, after cutting it by 25 basis points in August to 5%. During the September meeting, the institution expressed concerns about services inflation and the labor market, despite headline inflation hovering near its 2% target.

Persons: Andrew Bailey, Sterling, Bailey, BOE Organizations: Bank of England, U.S, Guardian, U.S . Federal, CNBC Locations: London, British

☆ How to invest in the fourth quarter, according to the pros
▼ + stars: | 2024-10-01 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +6 min

As investors ponder how — and where — to invest in this uncertain climate, CNBC Pro asked market experts how they are positioning before the year-end. 'Capitalize on the shifting market dynamics' The fourth quarter is starting hot on the heels of central banks' rate easing cycle. "There is an interesting valuation point about U.K. equities, and given recent positive economic surprises that present potential upsides, we feel this is an attractive market." "International investors owning U.K. equities and not hedging the currency, either win on the currency strength gains or win on the equity market." Other markets Beyond the U.K., Hechler-Fayd'herbe sees potential in emerging markets such as Taiwan and South Korea.

Persons: Kevin Teng, Teng, —, Europe —, he's, Morgan Stanley, Lombard, Nannette Organizations: Equity, CSI, Treasury, Wrise Private Singapore, CNBC Pro, U.S . Federal Reserve, People's Bank of China, Nvidia, Nasdaq, EMEA, CNBC, Bank of England, International Locations: Asia, East, Europe, Hong Kong, China, U.S, Swiss, Taiwan, South Korea

☆ I was the only male student in my class at a school for nannies. I've wanted to be one since I was 14.
▼ + stars: | 2024-09-30 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

AdvertisementI felt so awkward the first time I held an infantWhen I was finally accepted to Norland, I was the only male student in a class of 300 future nannies. One enduring assumption is that all male nannies must be gay. I'm straight, and so is every other male nanny I've met. AdvertisementSome people are thrilled to have a male nanny, because they have boys. I'm not allowed to post the kids on social mediaI can't say much about the family I'm working with now.

Persons: Ike Robin, —, It's, nannying, I'd, There's, I've, Mary Poppins, we're, I'm Organizations: Norland College for nannies, Service, Nannytax, Norland College Locations: New York City, Brighton, South, England, Norland, New York, London

☆ San Marino: What it’s like playing for the lowest-ranked national soccer team in the world
▼ + stars: | 2024-09-30 | by ( Jamie Barton | ) edition.cnn.com time to read: +12 min

For San Marino, these are some of the greatest results in the nation’s history. San Marino, a tiny microstate within Italy, is home to 33,600. Between 2006 and 2023, San Marino held the unwanted record of suffering the biggest defeat in European Championship qualifying history – a 13-0 drubbing by Germany. Bernd Schneider makes it 13-0, scoring a penalty past San Marino goalkeeper Aldo Simoncini. One goal early in the second half from 19-year-old Nicko Sensoli – who had not yet been born when San Marino last won – was enough.

Persons: San, San Marino, Serenissima, “, Dante Rossi, Marcello Mularoni, Nicola Nanni, ” Mularoni, it’s, Jude, Bellingham, ” Marcello Mularoni, Giuseppe Maffia, Rossi, ” Dante Rossi “, Bernd Schneider, Aldo Simoncini, Giampiero Sposito, Mannschaft, Jens Lehmann, ”, Alessandro Sabattini, Martino Bastianelli, Mai, Gioia, ” Christian Santini, FSGC Rossi, Bastianelli, ’ ”, Santini, La Serenissima, Mularoni, ‘, ’ ” Rossi, Roberto Cevoli, ’, ” Dante Rossi, Sensoli –, –, ” San, I’ve, Gioia – ‘ Organizations: CNN, FIFA, team, CNN Sport, San, Torres, Serie C, Liechtenstein, UEFA Nations League, San Marino, Wembley, England, Sammarinese, Brigade, Serie, Empoli, Fiorentina, Liechtenstein –, ” San Marino, ” Locations: Denmark, Finland, Latvia, San Marino, Italy, Marino’s, England, Wembley, Germany, Dortmund, Liechtenstein, San, Bavarian, Munich, Austria, Tuscany, Pisa, Gibraltar

☆ UK PM Keir Starmer touts pro-business agenda as he woos top Wall Street CEOs
▼ + stars: | 2024-09-27 | by ( Jacqueline Corba | ) www.cnbc.com time to read: +1 min

The United Kingdom is pursuing investment from America's biggest banks and tech giants, as the country looks to infuse growth in its stagnant economy. "We now have a Labour government whose number one priority is wealth creation," U.K. Prime Minister Keir Starmer told CNBC's Andrew Ross Sorkin in an exclusive broadcast interview Thursday. "We are a Labour party that is proud to say we are pro business just as much as we are pro worker." In July, Starmer became the first leader from the center-left Labour party to win a U.K. national election since Tony Blair — ending 14 years of Conservative rule. This week, Blackstone committed to investing $13 billion to build a data center in the northeast of England.

Persons: Keir Starmer, CNBC's Andrew Ross Sorkin, Starmer, Tony Blair —, Brian Moynihan, Jane Fraser, Larry Fink, Brad Smith, Jonathan Gray, Blackstone Organizations: Labour, Conservative, United Nations General Assembly, Bank of America, Citi, BlackRock, Microsoft, Blackstone Locations: Kingdom, New York City, England, Europe

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