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Bond markets could force Rachel Reeves ‘to do a secondary budget’, City investor warns

David Zahn of Franklin Templeton said bond yields could rise in response to chancellor’s fiscal plans and government would have to reactBusiness live – latest updatesThe bond markets could force Rachel Reeves to deliver a second budget if investors are disappointed by the chancellor’s fiscal plans next week, a City investor has warned.David Zahn, the head of European fixed income at Franklin Templeton, said the biggest risk from the budget on 26 November was that Reeves “disappoints”, leading to a sharp rise in bond yields – the interest rate on UK government debt. Continue reading...

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Roblox rolls out age-verification features in Australia as gaming platform insists child social media ban should not apply

Online gaming company says voluntary age assurance technology will limit teens and children messaging users outside their own age groups Get our breaking news email, free app or daily news podcastAs Roblox rolls out new age assurance features to prevent teens and kids from chatting with adults they do not know, it has insisted Australia’s upcoming under-16s social media ban should not apply to its services.The company, which is releasing the new features in Australia first, said that from Wednesday users will be able to voluntarily have their age estimated by going through the Persona age estimation technology, built into the Roblox app. It will access the camera of a user’s device and take a live estimation of their age based on their facial features. Continue reading...

Chinese spying amounts to interference in UK democracy, minister says, after MI5 warns MPs – politics live

Dan Jarvis, the security minister, says China is trying to contact MPs and peers to get sensitive information about parliamentBack at the Reform UK press conference, Zia Yusuf, the party’s head of policy, has just finished outlining his plan to cut spending on foreignersAs he finished, Yusuf claimed this was “treachery”.Labour is making the conscious and deliberate decision to continue funding extortionate amounts to foreign nationals, to the detriment of British citizens.And I don’t know what to call that. Frankly, in my view, it’s treachery. I think it’s appalling. British people are sick and tired of it.Just a few months ago, Rachel Reeves was saying she couldn’t afford to scrap the two-child benefit cap. Now it looks like becoming her latest U-turn.This isn’t because the economic circumstances have improved. Quite the opposite. Continue reading...

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Ex-Harvard President Steps Down From Public Commitments After Epstein Emails

Larry Summers, the former president of Harvard University, said he takes "full responsibility" for his misguided decision to continue communicating with Epstein.

US Warned Others To Avoid Loans From Chinese State Banks But Excluded Itself

For years, Washington has been warning others not to trust loans from Chinese state banks fueling its rise as a superpower. But the US is the biggest recipient of all by far. The security and technology implications have yet to be fully understood.