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	<title>financial news &#187; Saving</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>
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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>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1786</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Interest rates likely to be increased in 2010</title>
		<link>http://www.financial-news.org.uk/interest-rates-likely-to-be-increased-in-2010/</link>
		<comments>http://www.financial-news.org.uk/interest-rates-likely-to-be-increased-in-2010/#comments</comments>
		<pubDate>Mon, 12 Apr 2010 18:50:02 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
		<category><![CDATA[Daily News]]></category>
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		<category><![CDATA[Employment]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1747</guid>
		<description><![CDATA[
Economists have warned that a rise in interest rates is likely before the end of the year in the event that the current spike in factory output prices continues. High petrol prices have caused manufacturers to absorb rising energy and raw materials prices, with the main being transferred to consumers, stoking fears of a rise [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1747</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>UK business county court judgments on the increase</title>
		<link>http://www.financial-news.org.uk/uk-business-county-court-judgments-on-the-increase/</link>
		<comments>http://www.financial-news.org.uk/uk-business-county-court-judgments-on-the-increase/#comments</comments>
		<pubDate>Thu, 08 Apr 2010 08:42:37 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[02]]></category>
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		<category><![CDATA[County Court Judgments]]></category>
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		<category><![CDATA[T-Mobile]]></category>
		<category><![CDATA[UK business]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/uk-business-county-court-judgments-on-the-increase/</guid>
		<description><![CDATA[
Records from the Registry Trust show that the value of County Court Judgments (CCJs) against businesses in England and Wales increased five percent to nearly &#163; 900 million pounds last year. The number of judgments against businesses increased by nine percent on 2008 to a record 207,100, the fifth year-on-year increase in a row. A [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/uk</wfw:commentRss>
		<slash:comments>2</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>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Global Credit Crisis]]></category>
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		<category><![CDATA[Saving]]></category>
		<category><![CDATA[The Markets]]></category>
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		<category><![CDATA[savings accounts]]></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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		<category><![CDATA[The Budget]]></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>Congratulations. It&#8217;s been a year now since the Bank of England increased their interest rates.</title>
		<link>http://www.financial-news.org.uk/congratulations-its-been-a-year-now-since-the-bank-of-england-increased-their-interest-rates/</link>
		<comments>http://www.financial-news.org.uk/congratulations-its-been-a-year-now-since-the-bank-of-england-increased-their-interest-rates/#comments</comments>
		<pubDate>Fri, 05 Mar 2010 15:22:28 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Exchage Rate]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1696</guid>
		<description><![CDATA[
It came as no big surprise to anybody when the Bank of England (BOE) announced that they will be holding interest rates at their record low of 0.5%, and for the twelfth consecutive month. 
The BOE&#8217;s decision gained a consensus of approval by UK economists, who pronounced, individually and collectively that rises in the cost [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1696</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Royal Bank of Scotland shows a rise of twenty billion in profits from 2008.</title>
		<link>http://www.financial-news.org.uk/royal-bank-of-scotland-shows-a-rise-of-twenty-billion-in-profits-from-2008/</link>
		<comments>http://www.financial-news.org.uk/royal-bank-of-scotland-shows-a-rise-of-twenty-billion-in-profits-from-2008/#comments</comments>
		<pubDate>Fri, 26 Feb 2010 17:53:30 +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/royal-bank-of-scotland-shows-a-rise-of-twenty-billion-in-profits-from-2008/</guid>
		<description><![CDATA[
 That would make for very good news if only the Royal Bank of Scotland (RBS) hadn&#8217;t succeeded in making a loss of &#163;24.3 billion shortfall in 2008. For 2009 RBS has announced losses for 2009 of just &#163;3.6 billion after losing their struggle to recover billions of pounds of bad loans. Considering that city [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/royal</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Its Lloyd and RBS out of the high street, and Richard Branson and PayPal in.</title>
		<link>http://www.financial-news.org.uk/its-lloyd-and-rbs-out-of-the-high-street-and-richard-branson-and-paypal-in/</link>
		<comments>http://www.financial-news.org.uk/its-lloyd-and-rbs-out-of-the-high-street-and-richard-branson-and-paypal-in/#comments</comments>
		<pubDate>Wed, 04 Nov 2009 13:49:16 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1572</guid>
		<description><![CDATA[
The announcements that Royal Bank of Scotland (RBS) and Lloyds Banking Group are to sell off hundreds of branches has added a smile to the face of. 
Alistair Darling as well as the European Commission, who had insisted that the banks sell off some of their branches. In a recent statement, the chancellor confirmed his [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1572</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Darling gives Lloyds the nod to test the water</title>
		<link>http://www.financial-news.org.uk/darling-gives-lloyds-the-nod-to-test-the-water/</link>
		<comments>http://www.financial-news.org.uk/darling-gives-lloyds-the-nod-to-test-the-water/#comments</comments>
		<pubDate>Thu, 29 Oct 2009 16:29:29 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1556</guid>
		<description><![CDATA[
Chancellor of the Exchequer Alistair Darling now appears likely to give Lloyds the go ahead to test the seriousness of its ambitious &#163;25 billion refinancing plan. Darling&#8217;s tacit agreement will be looked upon by city watchers as a definite indication that the chancellor could be prepared to release the bank from its obligations to the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1556</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Barclays buy a bank.</title>
		<link>http://www.financial-news.org.uk/barclays-buy-a-bank/</link>
		<comments>http://www.financial-news.org.uk/barclays-buy-a-bank/#comments</comments>
		<pubDate>Thu, 29 Oct 2009 15:25:11 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1551</guid>
		<description><![CDATA[
The U.K.&#8217;s second- biggest bank Barclays Plc have announced that they are to acquire Standard Life Plc&#8217;s banking assets for a sum of &#163;226 million pounds, In a move designed to expand their UK based savings and mortgage operations, Barclays will receive a major boost in turnover through Standard Life Bank Plc, who currently hold [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1551</wfw:commentRss>
		<slash:comments>2</slash:comments>
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