Preheat the oven to 400 degrees F.
In a pot, combine the milk and cream. Bring to a boil. Stir in the honey and remove the pot from the heat.
Spread the bread out in a deep baking pan, and sprinkle the pine nuts and raisins on top.
Pour the heated mixture over the bread and sprinkle with a generous amount of cinnamon.
Place the baking pan in the oven and cook for approximately 15 minutes. Serve immediately.