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	<title>financial news &#187; BskyB</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>Mandelson argues that Labour should be allowed to stay in power despite losing the election.</title>
		<link>http://www.financial-news.org.uk/mandelson-argues-that-labour-should-be-allowed-to-stay-in-power-despite-losing-the-election/</link>
		<comments>http://www.financial-news.org.uk/mandelson-argues-that-labour-should-be-allowed-to-stay-in-power-despite-losing-the-election/#comments</comments>
		<pubDate>Fri, 07 May 2010 09:21:25 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1783</guid>
		<description><![CDATA[
In the first statement coming out of Labour election headquarters, current U.K. Business Secretary Peter Mandelson has put up an argument stating that the sitting government has the constitutional right for the &#8220;first go&#8221; in trying to remain in power when no party wins a majority in the House of Commons.
&#8220;The rules are, if it&#8217;s [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1783</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Fears of the Greek malady spreading to the UK grow</title>
		<link>http://www.financial-news.org.uk/fears-of-the-greek-malady-spreading-to-the-uk-grow/</link>
		<comments>http://www.financial-news.org.uk/fears-of-the-greek-malady-spreading-to-the-uk-grow/#comments</comments>
		<pubDate>Sat, 01 May 2010 14:07:03 +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=1775</guid>
		<description><![CDATA[
Financial analysts fear that Britain could be among the countries that could follow Greece into a financial crisis. The uncertainty comes after Dominique Strauss-Kahn&#8217;s head of the International Monetary Fund (IMF) warned of economic &#34;contagion&#34; spreading across Europe.
The IMF urged politicians to finalise a bail-out for the debt-laden Mediterranean country, saying that every day lost [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1775</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<title>Offers in for Williams and Glyn.</title>
		<link>http://www.financial-news.org.uk/offers-in-for-williams-and-glyn/</link>
		<comments>http://www.financial-news.org.uk/offers-in-for-williams-and-glyn/#comments</comments>
		<pubDate>Sat, 10 Apr 2010 12:24:02 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/offers-in-for-williams-and-glyn/</guid>
		<description><![CDATA[
The Royal Bank of Scotland (RBS) has reported receiving five offers for their Williams&#38;#8201;&#38;&#38;#8201;Glyn&#8217;s branch network. RBS were ordered to sell these branches as part of a European Commission state aid ruling in 2009, the business is valued at around &#163;2 billion.
By Tuesday night&#8217;s deadline, speculations were that Santander, Virgin Money, National Australia Bank, BBVA [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/offers</wfw:commentRss>
		<slash:comments>1</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>UK economy facing more redundancies</title>
		<link>http://www.financial-news.org.uk/uk-economy-facing-more-redundancies/</link>
		<comments>http://www.financial-news.org.uk/uk-economy-facing-more-redundancies/#comments</comments>
		<pubDate>Fri, 19 Feb 2010 17:07:28 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1681</guid>
		<description><![CDATA[
A recent report from the Chartered Institute of Personnel and Development (CIPD) has stated that the expected substantial cuts in the public sector, will mean that around one in three of the employers in the sector plan to shed jobs during the first quarter of 2010, which is now halfway through. 
Despite the UK emerging [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1681</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>UK government in debt bond sell off drive.</title>
		<link>http://www.financial-news.org.uk/uk-government-in-debt-bond-sell-off-drive/</link>
		<comments>http://www.financial-news.org.uk/uk-government-in-debt-bond-sell-off-drive/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 10:54:18 +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=1672</guid>
		<description><![CDATA[
With the Bank of England (BOE)&#8217;s decision to put its quantative easing programme on hold, the Debt Management Office, held with the task for issuing of bonds to pay off the public deficit, are expecting difficulties in finding buyers. A spokesman for the DMO has said that the agency will continue to use new methods [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1672</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Myners rules out the Obama way for UK banks</title>
		<link>http://www.financial-news.org.uk/myners-rules-out-the-obama-way-for-uk-banks/</link>
		<comments>http://www.financial-news.org.uk/myners-rules-out-the-obama-way-for-uk-banks/#comments</comments>
		<pubDate>Mon, 25 Jan 2010 10:14:19 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/myners-rules-out-the-obama-way-for-uk-banks/</guid>
		<description><![CDATA[
City minister Lord Myners, in a recent speech played down suggestions that Britain might follow in US President Barack Obama&#8217;s footsteps in introducing radical reforms to the UK banking system.
Myners stated that the UK had already taken sufficient measures to address the problems in its banking industry.
&#34;President Obama came out with a solution to the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/myners</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>London&#8217;s role as the Hong King of Europe is drawing to a close.</title>
		<link>http://www.financial-news.org.uk/londons-role-as-the-hong-king-of-europe-is-drawing-to-a-close/</link>
		<comments>http://www.financial-news.org.uk/londons-role-as-the-hong-king-of-europe-is-drawing-to-a-close/#comments</comments>
		<pubDate>Fri, 04 Dec 2009 11:19:26 +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=1609</guid>
		<description><![CDATA[
According to Thomas Huertas, the banking director at the U.K.&#8217;s Financial Services Authority, London&#8217;s role as the European Union (EU) equivalent to Hong Kong as a self-regulating financial center, is drawing to a close. 
The group of 27 European states that comprise the EU plans to centralize oversight of markets in the wake of the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1609</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>RBS want to keep the UK government at bay.</title>
		<link>http://www.financial-news.org.uk/rbs-want-to-keep-the-uk-government-at-bay/</link>
		<comments>http://www.financial-news.org.uk/rbs-want-to-keep-the-uk-government-at-bay/#comments</comments>
		<pubDate>Mon, 21 Sep 2009 10:25:57 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1462</guid>
		<description><![CDATA[
Royal Bank of Scotland is considering approaching the market for extra money to avoid handing more control to the government. The bank, now 70% owned by taxpayers, is preparing to join the government&#8217;s Asset Protection Scheme (APS) to stop some toxic investments going bad. But it is also considering asking shareholders to invest further to [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1462</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>FTSE hopping as half year results flow in.</title>
		<link>http://www.financial-news.org.uk/ftse-hopping-as-half-year-results-flow-in/</link>
		<comments>http://www.financial-news.org.uk/ftse-hopping-as-half-year-results-flow-in/#comments</comments>
		<pubDate>Fri, 31 Jul 2009 09:56:59 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1321</guid>
		<description><![CDATA[
The FTSE was at the centre of UK financial news with many of its major companies announcing or about to announce their half year results. Which till now have been mostly encouraging.
The UK companies owned by Spanish bank Santander saw their profits rise by a third in the first half of the year as bad [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1321</wfw:commentRss>
		<slash:comments>1</slash:comments>
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