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☆ IMF upgrades UK growth forecast in another boost to new Labour government
▼ + stars: | 2024-07-16 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

LONDON — The International Monetary Fund on Tuesday lifted its 2024 growth outlook for the U.K. to 0.7% from 0.5%, providing a further boost to the country's new government. Looking ahead, the Washington, D.C.-based IMF reiterated its forecast for 1.5% U.K. growth in 2025 in the July update of its World Economic Outlook. Investment bank Goldman Sachs earlier this month nudged its 2025 forecast for the U.K. economy 0.1 percentage point higher, to 1.6%. Other economies given a 2024 growth upgrade by the IMF on Tuesday included the euro zone, which it lifted by 0.1 percentage point to 0.9%, Spain, up 0.5 percentage point to 2.4%, and China, up 0.4 percentage point to 5%. It lowered its forecast for the U.S. economy by 0.1 percentage point to 2.6%.

Persons: Taylor, Goldman Sachs, Keir Starmer, Goldman, — CNBC's Sophie Kiderlin, Vicky McKeever Organizations: Nine, Monetary Fund, D.C, Investment, Labour, European Union . Deutsche Bank, Friday, Deutsche Bank, Jefferies, Bank of England, Reuters, IMF Locations: Ruskin Park, London, England, Washington, brightening, Spain, China, U.S, Asia

☆ Princess of Wales receives standing ovation from Centre Court crowd as she attends Wimbledon men’s final
▼ + stars: | 2024-07-14 | by ( Lauren Said-Moorhouse | Issy Ronald | ) edition.cnn.com time to read: +3 min

London CNN —Catherine, Princess of Wales, received a standing ovation from the Centre Court crowd as she attended the Wimbledon men’s singles final on Sunday alongside her daughter Princess Charlotte. GET OUR FREE ROYAL NEWSLETTER • Sign up to CNN’s Royal News, a weekly dispatch bringing you the inside track on the royal family, what they are up to in public and what’s happening behind palace walls. While Kate is in southwest London for the tennis final, her husband Prince William is due in Berlin for the UEFA Euro 2024 final between England and Spain. The Princess of Wales and Princess Charlotte met British tennis players, including Emma Raducanu. Aaron Chown/PA WireThe Prince of Wales is the president of England’s Football Association (FA) and a regular sight at England football games.

Persons: London CNN — Catherine, Princess of Wales, Princess Charlotte, Kate, Charlotte, Emma Raducanu, Carlos Alcaraz, Novak Djokovic, Kate –, King Charles III, “, It’s, Prince William, Wales, Aaron Chown, Prince, William, you’re, ” King Charles, Gareth Southgate’s, ” Organizations: London CNN, Court, Wimbledon, Sunday, CNN’s Royal, Lawn Tennis, Croquet Club, London Clinic, UEFA, England’s Football Association, England, Switzerland Locations: Wales, London, Berlin, England, Spain, British, Düsseldorf

☆ Buckingham Palace is opening up the room behind its famous balcony to the public for the first time
▼ + stars: | 2024-07-12 | by ( Billy Stockwell | ) edition.cnn.com time to read: +4 min

CNN —Buckingham Palace’s famous balcony room, where the monarch and other members of the royal family gather on special occasions before waving at cheering crowds in the streets below, is opening to the public for the first time. Final preparations are made in the Centre Room on July 8, where members of Royal Collection Trust staff tend to a chandelier. Victoria and Prince Albert were the first royals to use Buckingham Palace as a family home, following their marriage in 1840. The East Wing was built shortly after, between 1847 and 1849, to accommodate their growing family. Today, Buckingham Palace is mainly used for official meetings and events.

Persons: CNN — Buckingham, Jonathan Brady, Catherine , Princess of Wales, Queen Victoria, Emperor, Thomas Gainsborough, Thomas Lawrence, Franz Xaver Winterhalter, George IV, Queen Victoria’s, George IV’s, Prince Albert, Keir Starmer, King Charles III, you’re, Buckingham Organizations: CNN’s Royal, CNN, East, Royal Collection Trust, Royal Collection, Brighton, Staff Locations: London, Buckingham, China, England, Victoria, Buckingham Palace’s

☆ Euro 2024 final: Spain vs England – your ultimate tactical guide
▼ + stars: | 2024-07-12 | by ( Mark Carey | ) www.nytimes.com time to read: +16 min

The Athletic profiles the finalists’ strengths and weaknesses, the key battles, and the many sub-plots in your definitive tactical guide to the Euro 2024 final. The dynamic duo are responsible for 46 per cent of Spain’s total attempted take-ons this tournament. What a talent 👏🇪🇸 pic.twitter.com/IRJignOqCA — UEFA U17 EURO (@UEFAUnder21) July 9, 2024Beyond his shooting, Yamal’s creative threat has stood out the most. This forced the Spain goalkeeper Unai Simon to frequently launch the ball long, often conceding possession in the process. Spain might be the standout favourites but England will arrive in Berlin as the more experienced nation in recent major tournaments.

Persons: Lamine Yamal, Nico Williams, Luis de la, Williams, Arjen Robben, ged, Fabia, ong, anne, e, d the pl, ure, anne l, Walker, ince, heth, rove, abbe, the he, inger, mani, ted Saka,, oden, atkin, In th, below, Kane, hite, nin, Kane, Ivan T o, riva, Gareth Southg, ross, ove, e to, Getty, Eamon n Dalton Organizations: European, Germany, France, UEFA Locations: Spain, England, Berlin, France, goa, nis, beh, lida

☆ Harry Kane seeks his defining moment to secure a place in England’s national psyche
▼ + stars: | 2024-07-12 | by ( Jack Pitt-Brooke | ) www.nytimes.com time to read: +9 min

What Kane really needs for his legacy, for his place in the public mind, is a moment. Kane scored 280 goals for Tottenham before he left last year, 14 more than the previous record set by Jimmy Greaves. Through what we may soon call the Gareth Southgate golden age, Kane has been England’s best player. Southgate consoles Kane after England’s elimination in Qatar (David S. Bustamante/Soccrates/Getty Images)Even this summer, Kane has followed a familiar pattern. With England, the team comes first and no one seems to appreciate that more than Kane himself.

Persons: Harry Kane, Dani Olmo, Alan Shearer, Kylian Mbappe, Kane, David Beckham, Bobby Moore, Jules Rimet, Geoff Hurst’s, Paul Gascoigne’s, Gascoigne, Stu Forster, Jimmy Greaves, White Hart, Arsenal’s David Ospina, Peter Shilton’s, Moore, Billy Wright’s, Gareth Southgate, Faye White, Stefan Matzke –, —, Callum Wilson, David S, Bustamante, Ollie Watkins ’, Southgate, Roberto Martinez, DOGrzegorz Wajda Organizations: England, men’s, Greece, Scotland, Tottenham, Spurs, Arsenal, Manchester City, Spurs —, League, Champions League, Ajax, Bayern Munich, Real Madrid, Getty, Nations League, Colombia, Germany, Ukraine, Denmark, Senegal, France, Southgate, Slovakia, Switzerland Locations: Spain, Berlin, England, Allsport, Leicester, —, Madrid, City, AFP, Moscow, Southgate, Tunisia, Volgograd, Panama, Nizhny Novgorod, Rome, Italy, Qatar, Netherlands, Dusseldorf, Dortmund, Portugal

☆ UK economy returns to growth in May, beating expectations as British pound hits four-month high
▼ + stars: | 2024-07-11 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known as the Square Mile. LONDON — The U.K. economy grew by 0.4% in May, flash figures published by the Office for National Statistics showed on Thursday, with the British pound jumping to a four-month high against the U.S. dollar after the announcement. The British economy exited a shallow recession in the first quarter of the year, then flatlined in April. Goldman Sachs last week upgraded its growth forecast for the U.K. following left-of-center Labour's thumping victory in the country's general election.

Persons: Sterling, Keir Starmer, Goldman Sachs, Ashley Webb, Price, BOE Organizations: Office, National Statistics, U.S, Gross, Labour Party, Capital, Bank of England's, Bank of England, European Central Bank Locations: London, United Kingdom, The City, British, U.K

☆ I'm from the UK and moved to the US 19 years ago. Time zones still confuse me, and I don't get why people love long road trips.
▼ + stars: | 2024-07-11 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

Read previewIt's not very often that you're offered a job in an exciting new country — at least in my case. AdvertisementAmericans love road tripsI can't quite understand the appeal of "The Great American Road Trip," in which you drive 700 miles in one day while singing along to rock ballads. Thanks to a fun game in the car, I actually enjoyed my road trip to Maine last week. AdvertisementMeanwhile, there are six in the US, which encompasses 3,532,316 square miles, including Alaska Standard Time and Hawaii-Aleutian Standard Time. "Some things you get used to, some things you don't," goes the old saying about making a big change.

Persons: —, I've, I'm, Jane Ridley, reckons it's Organizations: Service, Business, ZZ Locations: England, Manhattan, America, London, Edinburgh, Florida, New York, Maine, American, Alabama, Scotland, Wales, Alaska, Hawaii, Oregon, Los Angeles and New York City, California, York, Britain

☆ UK launches new rules for listings in bid to boost growth for London's stock exchange
▼ + stars: | 2024-07-11 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

The U.K.'s Financial Conduct Authority announced Thursday new rules for the country's stock market listings in a bid to boost growth following a slow down in IPOs. "They aim to support a wider range of companies to issue their shares on a UK exchange, increasing opportunities for investors," the regulator added. One key change is the removal of the 'premium' and 'standard' listing segments. Shareholder approval for key events, like reverse takeovers and decisions to take the company's shares off an exchange, is still required," the FCA said. Some rules around eligibility for listings will also change, such as the removal of a requirement for companies to provide track records of their revenue.

Organizations: Bank of England Locations: London, IPOs

☆ Dollar adrift ahead of U.S. inflation test; sterling firms
▼ + stars: | 2024-07-11 | by ( ) www.cnbc.com time to read: +3 min

The dollar fell a touch on Thursday although moves were largely subdued ahead of a U.S. inflation report due later in the day, while sterling firmed on receding expectations for an August rate cut from the Bank of England (BoE). The dollar fell a touch on Thursday although moves were largely subdued ahead of a U.S. inflation report due later in the day, while sterling firmed on receding expectations for an August rate cut from the Bank of England. BoE Chief Economist Huw Pill on Wednesday said price pressures in Britain's economy were persistent and that the timing of a first rate cut was an "open question". His colleague Catherine Mann signalled she is unlikely to vote for an interest rate cut in August. Against the greenback, the euro gained 0.04% to $1.0834, and the Aussie dollar rose 0.01% to $0.6754.

Persons: BoE, Huw Pill, Catherine Mann, Carol Kong, Jerome Powell Organizations: Bank of England, Monetary, ANZ, MPC, Commonwealth Bank of Australia, Federal Reserve, U.S, New Zealand, Reserve Bank of New, Bank of Japan Locations: U.S, Asia, Japan

☆ Netherlands 1 England 2: Late substitute Watkins hits winner to set up Euro 2024 final with Spain
▼ + stars: | 2024-07-10 | by ( The Athletic Uk Staff | ) www.nytimes.com time to read: +10 min

A late winner from England substitute Ollie Watkins against Netherlands put Gareth Southgate’s team into the final of Euro 2024, where they will face Spain. It is their second consecutive European Championship final, and the first time England have reached a major tournament final abroad. Denzel Dumfries catching Kane was deemed a penalty, despite the Netherlands defender having little choice but to attempt a block. Against the Netherlands, Rice dropped into similar positions but was far more willing to punch balls forward and look for those ahead of him. Watkins’ stunning winner — set up by Palmer — validated Southgate’s decision yet again, with a goal worthy of winning any game.

Persons: Ollie Watkins, Gareth Southgate’s, Harry Kane, Xavi Simons, Declan Rice, Kane, Denzel Dumfries, Tim Spiers, Mark Carey, Jacob Whitehead, Seb Stafford, it’ll, they’ve, Phil Foden, Kobbie Mainoo, Luke Shaw, Ivan Toney, Southgate, —, Foden, Cole Palmer, Watkins, Palmer, Stefan de Vrij, De, Felix Zwayer, Jude Bellingham, Dumfries, ”, Gary Neville, Bloor Rice, Rice, Simons —, Jordan Pickford, Michael Regan –, Kyle Walker, Watkins ’, Palmer —, Mark Carey The, Zwayer, Phil Foden’s, dink, Bart Verbruggen, Alex Grimm Organizations: England, Netherlands, Aston Villa, Bloor, Wembley, Slovakia, Switzerland, Watkins, UEFA, Michael Regan – UEFA, Getty, England’s, Mark Carey The Denzel Dumfries Show Dumfries, Pixar, Bull, Dumfries Locations: Spain, England, Netherlands, Berlin, Switzerland, Slovakia, Zwayer, Southgate, Dumfries, —

☆ An 89-year-old man runs 50 miles a week. He credits running for his longevity.
▼ + stars: | 2024-07-10 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

"I suppose he's my hero," Barnes told Business Insider. Bannister's accomplishment inspired him to take up competitive running — a sport at which he still excels at 89. The retired legal executive holds three British records in the over-85s category: a mile (8:10.40), 1,500 meters (7:38.41), and 3,000 meters (16:34.42). "These days, I compete against the clock," Barnes said, noting that few people in his age bracket run at a similar level. Advertisement"At my age, you can't expect to win races, so the objective is to win records," Barnes added.

Persons: —, Ian Barnes, Roger Bannister, Barnes, he's, Margaret, She's, He'd, Bannister, weathers Organizations: Service, Business Locations: British, England, London, Barnes, Europe, Britain

☆ UK’s most complete dinosaur fossil in a century reveals new species
▼ + stars: | 2024-07-10 | by ( Louis Mian | ) edition.cnn.com time to read: +3 min

London CNN —A previously unknown species of plant-eating dinosaur roamed on an island off the south coast of England around 125 million years ago, new research has found. The bones were found by avid local fossil collector Nick Chase, who died of cancer in 2019. The dinosaur's large pubic hip bone revealed it was a previously unknown species. University of PortsmouthThe researchers were able to determine the skeleton belonged to a new dinosaur species because of unique features, such as its jaw and particularly large pubic hip bone. “Nick Chase’s remarkable find and Jeremy Lockwood’s dedicated research are a testament to the incredible history waiting to be uncovered here,” he added.

Persons: London CNN —, Jeremy Lockwood, Lockwood, ” Jeremy Lockwood, Nick Chase, “ Nick, Mary Anning, ” Lockwood, weathers, we’d, chasei, Chase, Compton, Mike Greenslade, ” Greenslade, “ Nick Chase’s, Jeremy Lockwood’s Organizations: London CNN, University of Portsmouth, Isle of Wight University of Portsmouth, Trust Locations: London, England, United Kingdom, Compton, Isle of, Isle of Wight, Compton Bay

☆ 'Get Britain building again': New UK finance chief restores housing targets
▼ + stars: | 2024-07-08 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

LONDON — Britain's new finance chief on Monday outlined a spate of measures to revitalize the U.K.'s languishing economic growth and address national housing shortages. "I have repeatedly warned that whoever won the general election would inherit the worst set of circumstances since the Second World War. A former Bank of England economist, Reeves was appointed as Britain's first female chancellor of the exchequer — equivalent to a finance minister — on Friday, when newly-invested Prime Minister Keir Starmer named his first cabinet. Ahead of her first speech, she championed economic growth as both a party priority and the "national mission." Housing and planning were center stage in Reeves' Monday speech:"First, we will reform the national planning policy framework, consulting on a new growth-focused approach to the planning system before the end of the month.

Persons: Rachel Reeves, Reeves, —, Keir Starmer, Housebuilding Organizations: Treasury, Labour Government, LONDON, Bank of England, Conservative, Labour Locations: London, England

In this next term, I’m going to make sure we got to — straighten out the tax system. STEPHANOPOULOS: The number of Americans who think you’re too old to serve has doubled since 2020. STEPHANOPOULOS: I’ve — I’ve questioned him and his allies as persistently as any journalist has. We have — I mean, I’m not seen what you’re — you’re proposing. He may bring me down, he may.”STEPHANOPOULOS: Mr. President, I’ve never seen a president 36 percent approval get re-elected.

Persons: Biden, George Stephanopoulos, GEORGE STEPHANOPOULOS, BIDEN, Nancy Pelosi, you’ve, I’m, You’ve, I’ve, ”, “, who’ve, what’s Biden, George, — BIDEN, —, “ You’re, Walter Reed, Madeleine Albright, Netanyahu, They’ll, ” BIDEN, Putin, it’s, I’d, Donald Trump, You’re, It’s, he’s, you’re, That’s, “ That’s, hadn’t, Nothing’s, They’re, Trump, — I’ve, oth, Hoover, Mark Warner, We’ve, Mark’s, Chuck Schumer, Hakeem Jeffries, “ We’re, Jim Clyburn, they’re, Almighty, “ Joe, ” I’d, Almighty’s, Hakeem, “ Oh, what’s, I’ll, George . Organizations: ABC, The New York Times, National Security Council, New York Times, The Washington Post, Street, NATO, Big Pharma, BIDEN, Putin, AUKUS, Senate, CBS Poll, NBC, Electoral College, Washington Post, Democratic Party, House Democrats, Senate Democrats Locations: Europe, Camp David, North Carolina, —, Georgia, The, England, Pacific, Ukraine, South Korea, United States, It’s, New York, China

☆ Anatomy of a Landslide
▼ + stars: | 2024-07-05 | by ( Josh Holder | Lauren Leatherby | ) www.nytimes.com time to read: +9 min

Vote share for the Conservatives dropped all over the country SCOTLAND NORTHERN IRELAND ENGLAND WALESAnatomy of a Landslide Support for the Conservatives plummeted, propelling the Labour Party into power. ... they lost almost half to Labour ... 372 seats Labour 412 ... and 60 to the Liberal Democrats Labour 200 Reform 4 S.N.P. Labour won a landslide with just a third of the vote0 10% 20% 30% 40% 50% 60% 70% Vote share Seat share Labour won almost two-thirds of seats with just a third of votes. Seat Vote Green 0 20% 40% 60% Vote share Seat share Labour won almost two-thirds of seats with just a third of votes. 29.4 15.5% 2019 2024 Lib Dem 9.3 7.7% 2019 2024 Green 3.4 11.1% 2019 2024 Reform 2.8 11.3% 2019 2024 Next youngest constituencies 33.9 38.1% 2019 2024 45.3 24.0% 2019 2024 10.9 10.9% 2019 2024 2.3 6.1% 2019 2024 3.2 17.2% 2019 2024 Older constituencies 25.6 32.4% 2019 2024 49.2 26.4% 2019 2024 12.5 13.7% 2019 2024 2.5 5.4% 2019 2024 2.0 16.4% 2019 2024 Oldest constituencies 20.6 25.9% 2019 2024 55.1 30.3% 2019 2024 13.5 15.9% 2019 2024 2.9 5.7% 2019 2024 0.6 16.3% 2019 2024 Source: Age data from the Office for National Statistics and Scotland Census Note: Constituencies are bucketed by median age.

Persons: Nigel Farage, Farage’s, — Organizations: Conservatives, WALES, Labour Party, Scottish National Party, Labour, Liberal Democrats, Scottish, Liberal, Conservative Conservatives, Conservative, Liberal Democrats Labour, Liberal Democrats Lab, National Government, Conservative Party, Center, Conservative Labour, Left Green Labour, Green Party, Green, Office, National Statistics, Reform Locations: SCOTLAND, England, postindustrial, Midlands, North, United Kingdom, Britain’s Parliament, Scotland

☆ A family of 4 learned to sail and now call a 35-foot boat home as they travel the world with their dog
▼ + stars: | 2024-07-05 | by ( George Fallon | ) www.businessinsider.com time to read: +5 min

Read previewThe Sailing Pickle Family lives a life that many dream of: They sail around the world and explore new countries on a regular basis. Nicky, Chris, their youngest children, 15-year-old Beau and 10-year-old Bear, plus their Doberman, Buddy, began doing just that in 2019. The Pickle family has weathered some storms and explored many places alreadyThe Pickle family has sailed around England. AdvertisementThe Sailing Pickle Family travels with their dog. Even if you're sick and dying, you have to check the weather," Nicky told BI.

Persons: —, Nicky Piccalilli, Chris, Nicky, Beau, Buddy, Prout, they'd, Nicky Piccalilli Nicky, Who, They've, Chris homeschool, Bear, Nicky Piccalilli Chris, It's Organizations: Service, Business, YouTube Locations: England, France, Biscay, Spain, Italy, Tunisia, Turkish, Europe, South America

☆ UK Labour Party's Rachel Reeves has 'orthodox' approach to fiscal policy, former BOE governor says
▼ + stars: | 2024-07-05 | 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 EmailUK Labour Party's Rachel Reeves has 'orthodox' approach to fiscal policy, former BOE governor saysJohn Gieve, former deputy governor of the Bank of England, weighs in on which fiscal measures he's anticipating from Rachel Reeves, who's expected to become Britain's first-ever female finance minister in Keir Starmer's incoming Labour government.

Persons: Rachel Reeves, BOE, John Gieve, who's, Britain's, Keir Starmer's Organizations: Labour, Bank of England

☆ Stocks, property, bonds, the pound: Here’s what a new Labour government means for investing in the UK
▼ + stars: | 2024-07-05 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +7 min

The Labour party's pledge, for example, to increase taxes on the compensation that private equity fund managers received raised a few eyebrows, and led to questions on what this could mean more broadly. In a note Friday, analysts at Jefferies said, despite concerns raised by a strong showing for the right-wing Reform UK Party, the Labour Party's U.K. election win would help make the U.K. appear "relatively stable." "A widely predicted Labour win in the UK could usher in an era of greater stability for the UK … which should help bolster investor sentiment towards the UK," she said. "U.K. bank stocks in the end are one of the biggest proxies for U.K. economic growth," he said. If results are as expected, attention will shift away from the U.K. election quickly, Shreyas Gopal, strategist, and Sanjay Raja, senior economist at Deutsche Bank, said in a note published Wednesday.

Persons: Vuk Valcic, hasn't, Jefferies, James McManus, Susannah Streeter, Hargreaves Lansdown, McManus, Liz Truss, Streeter, Richard Donnell, Nutmeg's McManus, CNBC's Silvia Amaro Friday, Mark Fielding, Fielding, Shreyas Gopal, Sanjay Raja, BoE, Francesco Pesole, Pesole Organizations: City of, Labour Party, Conservatives, U.S ., Labour, CNBC, Stock, Reform UK Party, Hargreaves, Deutsche Bank, ING, Bank of England, ECB Locations: Bishopsgate, City, City of London, London, France

It could be a disastrous night for the Conservatives, with the exit poll predicting the lowest-ever total number of seats in the party’s history. Because of its electoral system, Britain can see large discrepancies between the share of seats won by a party and its share of the popular vote. The exit poll suggests one of the largest swings in British political history, with Labour expected to win 410 seats and the Conservatives on 131. Britain’s traditional third party, the Liberal Democrats, also enjoyed a huge bump, going from just 11 seats won at the 2019 general election to a projected 61. Reform UK, a right-wing populist party, was projected to win 13 seats, also a lot more than many polls had suggested.

Persons: resoundingly, Labour’s, Keir Starmer, Britain’s Organizations: London CNN, Labour Party, Conservatives, Labour, Liberal Democrats, Reform, Scottish National Party Locations: United Kingdom, England, Scotland, Wales, Northern Ireland, Britain

☆ 'We don't do God' and massive ad spends: How UK election races differ from American ones
▼ + stars: | 2024-07-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +12 min

Here are a handful of them:1) CampaignsBy the time a presidential election takes place in the United States, the electorate will have already endured months of seemingly endless electioneering — with the entire election campaign process from candidacies and the campaign trail to the actual presidential election and inauguration taking up to two years. In the U.K., the time frame between a prime minister calling a general election to the actual vote is just six weeks. It sounds simple, and usually is, unless there's a "hung parliament" in which no political party wins a majority of seats. In the U.K., political advertising on TV and radio is not allowed, so U.K. voters are subjected to the somewhat quaint "party political broadcasts" during election campaigns. 6) 'Absurd' diversionsBritish political experts note that, unlike in the U.S., where broad political debates tend to remain the key focus, U.K. election campaigns can see more minor or fringe issues dominate the short election campaign.

Persons: Rishi Sunak, Joe Biden, Paul Ellis, Sir Keir Starmer, Stefan Rousseau, Bobby Duffy, Donald Trump, Tom Brenner, —, Britain's, Tony Blair, Alastair Campbell, Ben Curtis, Blair, Dan Stevens, Joe Biden's, Trump, Brian Snyder, Keir Starmer, Institute's Duffy, Duffy, Biden, Rodin Eckenroth, Rodin, John Curtice, it's, Ludovic Marin Organizations: Britain's, North Atlantic Council, NATO, South Derbyshire College, Trent, Commons, King's College London, CNBC, Brit, Republicans, U.S, Federal, Former U.S, Republican, Reuters, Electoral Commission, Inverness Royal Academy, Labour, of, Exeter University, Trump . Democratic Party, Reuters Incumbent British, Labour Party, Trump, European, Conservative Party, U.K, UK Ministry of Defence, Royal British, Afp, Getty Locations: Vilnius, Lithuania, United States, Burton, U.S, Britain, Philadelphia, Great Britain, England, Wales, Scotland, British, America, Western Europe, Atlanta , Georgia, Hollywood , California, European Union, Normandy, Ver, Gold, France

☆ In pictures: Labour Party leader Keir Starmer
▼ + stars: | 2024-07-04 | by ( ) edition.cnn.com time to read: +1 min

The center-left Labour Party will win Britain's general election by a landslide, according to a major exit poll, ending a 14-year era of Conservative rule in decisive fashion and putting its leader Keir Starmer on course to become prime minister. Starmer, 61, has promised to be the agent of change that Britain needs. He has pledged to grow the country's economy by reforming planning laws and investing in a new industrial strategy. He has said he will set up a national wealth fund with £7.3 billion ($9.2 billion) of public money that will help pay for the transition to net zero emissions. Critics on the right say that Starmer will need to raise taxes to fund his plans, while skeptics on the left say his manifesto is not bold or ambitious enough to change Britain for the better.

Persons: Keir Starmer, Starmer Organizations: Labour Party, Crown, Service of, Wales —, Labour Locations: Service of England

☆ UK election 2024: British voters head to polls for a momentous election
▼ + stars: | 2024-07-03 | by ( Christian Edwards | ) edition.cnn.com time to read: +2 min

London CNN —British voters are heading to the polls Thursday for a crucial general election that is being seen as a referendum on 14 years of Conservative rule. The opposition Labour party suffered its worst defeat since 1935 in the last general election, but has since rebuilt itself under the leadership of Keir Starmer. Britain has had three Conservative prime ministers since the last general election in 2019, which Boris Johnson won by a landslide. News outlets are barred from reporting anything that could influence voters while polls are opened. An exit poll from British broadcasters will project the seat totals are soon as polls shut at 10 p.m. local time (5 p.m.

Persons: Rishi Sunak, Keir Starmer, Boris Johnson, Johnson, Liz Truss, Nigel Farage –, Brexit – Organizations: London CNN —, Conservative, Labour, European Union Locations: Britain, England, Wales, Scotland, Northern Ireland, British

☆ Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit
▼ + stars: | 2024-07-02 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

LONDON — The boss of British financial technology giant Revolut told CNBC he is optimistic about the company's chances of being granted a U.K. banking license, as a jump in users saw the firm report record full-year pre-tax profits. Several small financial institutions have been able to win approval for a banking license with few customers, he added. "U.K. banking licenses are being approved for smaller companies," Storonsky said. A bank license would enable it to offer loans in the U.K. One conditions set by the Bank of England for granting Revolut its U.K. banking license, was to collapse its six classes of shares into ordinary shares.

Persons: Revolut, Nikolay Storonsky, we'll, Storonsky, SoftBank Organizations: CNBC, British, EMI, Prudential, Authority, Bank of England, Financial Times

☆ Uncover Essex's hidden gems with Wow Hydrate's Queenie Porter
▼ + stars: | 2024-07-02 | by ( ) www.cnbc.com time to read: +1 min

Just outside London's borders lies an English county filled with city amenities and laidback village vibes. Essex, which sits in the southeast of England along the North Sea, is the lifelong home of Queenie Porter, managing director of sports drink company Wow Hydrate. The company, which has partnered with high-profile sports names like Manchester United and Tyson Fury, is also headquartered in the county. "You have the best of everything," said Porter in an episode of CNBC's new travel series, Downtime London. When Porter isn't busy juggling running a business with several board roles, she likes to spend her downtime around Essex.

Persons: Queenie Porter, Tyson Fury, Porter, Porter isn't, Medispa Organizations: Manchester United, Essex Fight Academy Locations: London's, England, London, Chelmsford, Brentwood, Essex

☆ Inside the Little Britain Inn, where Germans go to pretend to be British
▼ + stars: | 2024-06-30 | by ( Julia Buckley | ) edition.cnn.com time to read: +15 min

Welcome to the Little Britain Inn, a corner of Germany that shall remain forever England. Because that’s the thing about the Little Britain Inn. In fact, the reason the Little Britain Inn exists is because of a cross-cultural argument. The Little Britain Inn also rates 4.8 out of 5 on Google. Some of our best guests have been here eight or 10 times – it’s like they’re our friends.”Today, the Little Britain Inn is going from strength to strength.

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