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	<title>financial news &#187; The Markets</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>Cameron gets to number ten.</title>
		<link>http://www.financial-news.org.uk/cameron-gets-to-number-ten/</link>
		<comments>http://www.financial-news.org.uk/cameron-gets-to-number-ten/#comments</comments>
		<pubDate>Thu, 13 May 2010 10:33:16 +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/cameron-gets-to-number-ten/</guid>
		<description><![CDATA[
Leader of the Conservative party David Cameron was finally accepted as the UK Prime Minister late on Tuesday after his party and the Liberal Democrats (the Lib-Dems) agreed on a five-year deal to form the UK&#8217;s first coalition government since the Second World War, on the promise of forming a &#8220;strong and stable government&#8221;. Lib-Dem [...]]]></description>
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		<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>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Global Credit Crisis]]></category>
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		<category><![CDATA[pension system]]></category>
		<category><![CDATA[Second State Pension]]></category>
		<category><![CDATA[Stocks and shares]]></category>
		<category><![CDATA[Tankan]]></category>
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		<category><![CDATA[Toyota]]></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>Beware of Greeks asking for loans</title>
		<link>http://www.financial-news.org.uk/beware-of-greeks-asking-for-loans/</link>
		<comments>http://www.financial-news.org.uk/beware-of-greeks-asking-for-loans/#comments</comments>
		<pubDate>Mon, 22 Mar 2010 10:30:44 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[The Co-operative]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1715</guid>
		<description><![CDATA[
Continued uncertainty regarding cash-strapped Greece&#8217;s ability to be granted loans from their Eurozone partners, and if they are granted them if they will agree to accept them, continues to cause uncertainty in both the currency markets and stock exchanges not only in the UK but in all of the Eurozone member countries. Recent reports coming [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1715</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Myners backs the banks.</title>
		<link>http://www.financial-news.org.uk/myners-backs-the-banks/</link>
		<comments>http://www.financial-news.org.uk/myners-backs-the-banks/#comments</comments>
		<pubDate>Fri, 15 Jan 2010 14:17:35 +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=1652</guid>
		<description><![CDATA[
City Minister Lord Myners said he recognized the need for state-backed banks to compete in the global market, as he signaled the government would not block them from paying large bonuses to staff. Lord Myners told the Scottish affairs committee on Wednesday it was important the Royal Bank of Scotland was able to recruit and [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1652</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>U.K. property prices rise again in December</title>
		<link>http://www.financial-news.org.uk/u-k-property-prices-rise-again-in-december/</link>
		<comments>http://www.financial-news.org.uk/u-k-property-prices-rise-again-in-december/#comments</comments>
		<pubDate>Mon, 04 Jan 2010 11:36:15 +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=1640</guid>
		<description><![CDATA[
The last and most positive item of news that hit before the UK financial community went into New Year mode was that data released by the Nationwide Building Society indicated that U.K. house prices had raised again in December by 0.4%, taking the growth for the year to 5.9%. December&#8217;s rise was for the eighth [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1640</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Recession is now the worst for more than sixty years</title>
		<link>http://www.financial-news.org.uk/recession-is-now-the-worst-for-more-than-sixty-years/</link>
		<comments>http://www.financial-news.org.uk/recession-is-now-the-worst-for-more-than-sixty-years/#comments</comments>
		<pubDate>Fri, 25 Dec 2009 07:48:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Daily News]]></category>
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		<category><![CDATA[UK Recession]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1632</guid>
		<description><![CDATA[Official figures released this week have confirmed that the current recession is the most severe Britain has suffered since World War Two. More businesses have gone bust in this than in any previous recession, with more than fifty companies closing their doors every day.  Estimates are that around 27,000 have closed since the economic crisis [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1632</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Brown and Darling face a dilemma.</title>
		<link>http://www.financial-news.org.uk/brown-and-darling-face-a-dilemma/</link>
		<comments>http://www.financial-news.org.uk/brown-and-darling-face-a-dilemma/#comments</comments>
		<pubDate>Wed, 09 Dec 2009 10:59:48 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1614</guid>
		<description><![CDATA[
U.K. Prime Minister Gordon Brown said Monday that his government has identified billions of pounds in additional efficiency savings in the public sector to help pare the country&#8217;s record deficit. Mr. Brown said the government can deliver &#163;12 billion ($19.7 billion) in efficiency savings over the next four years, an increase on the target &#163;9 [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1614</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Treasury justified in banks bail out</title>
		<link>http://www.financial-news.org.uk/treasury-justified-in-banks-bail-out/</link>
		<comments>http://www.financial-news.org.uk/treasury-justified-in-banks-bail-out/#comments</comments>
		<pubDate>Mon, 07 Dec 2009 10:55:49 +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=1612</guid>
		<description><![CDATA[
The Treasury was &#34;justified&#34; in using taxpayers&#8217; money to bail out banks to protect the wider financial system, according to an official report. 
The National Audit Office (NAO) review said the cost to the UK public so far totalled &#163;850 billion. 
&#34;It is difficult to imagine the scale of the consequences for the economy and [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1612</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<item>
		<title>Darling to get tough on bank bonuses.</title>
		<link>http://www.financial-news.org.uk/darling-to-get-tough-on-bank-bonuses/</link>
		<comments>http://www.financial-news.org.uk/darling-to-get-tough-on-bank-bonuses/#comments</comments>
		<pubDate>Wed, 02 Dec 2009 11:53:00 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Thomas Cook]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1607</guid>
		<description><![CDATA[
The Treasury is looking at introducing tougher requirements on bankers&#8217; pay disclosure than those proposed last week by Sir David Walker.
Alistair Darling, the chancellor, announced a formal consultation exercise on Monday on whether legislation should go further than the Walker review, which proposed that banks should disclose the numbers of employees earning above &#163;1 million. [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1607</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>OFT loses out to the banks on overdraft charges</title>
		<link>http://www.financial-news.org.uk/oft-loses-out-to-the-banks-on-overdraft-charges/</link>
		<comments>http://www.financial-news.org.uk/oft-loses-out-to-the-banks-on-overdraft-charges/#comments</comments>
		<pubDate>Fri, 27 Nov 2009 12:57:51 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<category><![CDATA[Overdraft]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1601</guid>
		<description><![CDATA[
The Office of Fair Trading (OFT) has lost its legal battle over bank charges with banks following the shock announcement by the Supreme Court on Wednesday. While the ruling effectively scuppers any chance of reclaiming fees in the foreseeable future it does clear the way for new rules to be drawn up that would limit [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1601</wfw:commentRss>
		<slash:comments>1</slash:comments>
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