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	<title>financial news &#187; Global Credit Crisis</title>
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	<link>http://www.financial-news.org.uk</link>
	<description>Bringing you all the news on the current credit crises</description>
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		<title>Osborne wakes up to difficult times ahead for UK economy</title>
		<link>http://www.financial-news.org.uk/osborne-wakes-up-to-difficult-times-ahead-for-uk-economy/</link>
		<comments>http://www.financial-news.org.uk/osborne-wakes-up-to-difficult-times-ahead-for-uk-economy/#comments</comments>
		<pubDate>Wed, 19 May 2010 13:34:34 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
		<category><![CDATA[Daily News]]></category>
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		<category><![CDATA[Willie Walsh]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1786</guid>
		<description><![CDATA[
In one of the classic understatements of the year so far, new finance minister George Osborne has just announced his findings that the British economy is in a dire state and there will be difficult times ahead. Osborne&#8217;s revelation came as the government sat down to take action on tackling the record budget deficit. Osborne [...]]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Iceland strikes back.</title>
		<link>http://www.financial-news.org.uk/iceland-strikes-back/</link>
		<comments>http://www.financial-news.org.uk/iceland-strikes-back/#comments</comments>
		<pubDate>Fri, 16 Apr 2010 15:45:10 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1758</guid>
		<description><![CDATA[
Airports in the U.K. and northern Europe shut down as a cloud of volcanic ash swept south from an eruption in Iceland, disrupting travel for thousands of people booked on flights with British Airways Plc and other carriers. According to flight-control organization National Air Traffic Services, U.K. airspace will continue to be closed till the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1758</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<item>
		<title>UK Business fears a hung parliament</title>
		<link>http://www.financial-news.org.uk/uk-business-fears-a-hung-parliament/</link>
		<comments>http://www.financial-news.org.uk/uk-business-fears-a-hung-parliament/#comments</comments>
		<pubDate>Wed, 14 Apr 2010 10:28:33 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Wal-Mart Stores Inc]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1754</guid>
		<description><![CDATA[
According to a recent survey, some of the largest companies in the UK are in fear of the financial effects of a hung parliament would have on the economy. The survey which takes in 141 chief financial officers of leading UK companies, among them 40 whose companies are quoted on the FTSE 100, fear that [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1754</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Radical overhaul of state pension called for.</title>
		<link>http://www.financial-news.org.uk/radical-overhaul-of-state-pension-called-for/</link>
		<comments>http://www.financial-news.org.uk/radical-overhaul-of-state-pension-called-for/#comments</comments>
		<pubDate>Fri, 02 Apr 2010 15:37:38 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Daily News]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1737</guid>
		<description><![CDATA[
The National Association of Pension Funds (NAPF) have called for a radical overhaul of the state pension system.
The NAPF, a leading pension&#8217;s body wants the next government to introduce a new &#8216;Foundation Pension&#8217; that would combine the Basic State Pension and the Second State Pension and would entitle all Britons to a state retirement pot [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1737</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>UK house prices rise in March</title>
		<link>http://www.financial-news.org.uk/uk-house-prices-rise-in-march/</link>
		<comments>http://www.financial-news.org.uk/uk-house-prices-rise-in-march/#comments</comments>
		<pubDate>Fri, 02 Apr 2010 15:24:30 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1733</guid>
		<description><![CDATA[
A recent report has stated that UK House prices have raised by more than 0.7 % (&#163;3,000), while updates forecasts show that annual property inflation is due to slow down from the current rate of 9%. The increase more or less cancels the 0.8% fall in February. 
The average UK property is now valued at [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1733</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Treasury preparing to re-privatise RBS And Lloyds.</title>
		<link>http://www.financial-news.org.uk/treasury-preparing-to-re-privatise-rbs-and-lloyds/</link>
		<comments>http://www.financial-news.org.uk/treasury-preparing-to-re-privatise-rbs-and-lloyds/#comments</comments>
		<pubDate>Tue, 30 Mar 2010 16:01:59 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/treasury-preparing-to-re-privatise-rbs-and-lloyds/</guid>
		<description><![CDATA[
There is a lot of speculation about that the Treasury has set the wheels in motion to reduce their stake in the Royal Bank of Scotland and Lloyds Banking Group, both of which are partially state-owned. The staged de-privitisation will be effected through the creation of &#34;convertible gilts&#34;, or government bonds. These bonds could then [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/treasury</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Unions set talks to avert national rail strike</title>
		<link>http://www.financial-news.org.uk/unions-set-talks-to-avert-national-rail-strike/</link>
		<comments>http://www.financial-news.org.uk/unions-set-talks-to-avert-national-rail-strike/#comments</comments>
		<pubDate>Mon, 22 Mar 2010 10:46:12 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1719</guid>
		<description><![CDATA[
Under threat of the first nationwide strike by signalmen in 16 years, Network Rail announced on Friday night that it would meet next week at conciliation service Acas to discuss two separate disputes with the Rail, Maritime and Transport Union (RMT) and the TSSA, which represents managerial grades. The RMT is already threatening to strike [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1719</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>BOE predict stability in the labour market in coming months.</title>
		<link>http://www.financial-news.org.uk/boe-predict-stability-in-the-labour-market-in-coming-months/</link>
		<comments>http://www.financial-news.org.uk/boe-predict-stability-in-the-labour-market-in-coming-months/#comments</comments>
		<pubDate>Wed, 17 Mar 2010 16:45:01 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1711</guid>
		<description><![CDATA[
As the UK&#8217;s emergence from the recession gains slow but steady momentum recent predictions from the Bank of England show that the number of jobs available on the market are unlikely to deteriorate any further, Reasons given are that most UK companies are doing the maximum to maintain current staff levels to cope with the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1711</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Darling is looking for some credit.</title>
		<link>http://www.financial-news.org.uk/darling-is-looking-for-some-credit/</link>
		<comments>http://www.financial-news.org.uk/darling-is-looking-for-some-credit/#comments</comments>
		<pubDate>Tue, 16 Mar 2010 11:35:26 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1708</guid>
		<description><![CDATA[
Chancellor Alistair Darling, possibly with an eye to future job prospects, is expected to blow his own horn in the coming days, by claiming that the Labour government&#8217;s investment in jobs programmes are responsible for saving no less than &#163;12 billion during the recession. Darling backed up his claims by stating that in the 2009 [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1708</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The cost of the winter comes home to UK insurance companies.</title>
		<link>http://www.financial-news.org.uk/the-cost-of-the-winter-comes-home-to-uk-insurance-companies/</link>
		<comments>http://www.financial-news.org.uk/the-cost-of-the-winter-comes-home-to-uk-insurance-companies/#comments</comments>
		<pubDate>Mon, 15 Mar 2010 16:30:14 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1704</guid>
		<description><![CDATA[
Recent figures have shown that insurers paid out &#163;650 million from 335,000 claims, with most of them were caused by the wintry weather in the UK this year. According to the Association of British Insurers (ABI), the biggest chunk of the payout was to motorists whose vehicles were damaged vehicles on the slippery roads during [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1704</wfw:commentRss>
		<slash:comments>2</slash:comments>
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