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	<title>financial news &#187; Cosmen</title>
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		<title>Britain to rise up out of the recession in the third quarter.</title>
		<link>http://www.financial-news.org.uk/britain-to-rise-up-out-of-the-recession-in-the-third-quarter/</link>
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		<pubDate>Thu, 24 Sep 2009 13:28:50 +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=1476</guid>
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Signs are growing stronger daily that the Bank of England is about to cut the umbilical cord on the UK economy, with the first stage being to cease the purchase of bonds when its current &#163;175 billion pound plan draws to a close. News from the Confederation of British Industry (CBI) states that gross domestic [...]]]></description>
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		<title>Fears of a return to credit card defaults sweep the UK.</title>
		<link>http://www.financial-news.org.uk/fears-of-a-return-to-credit-card-defaults-sweep-the-uk/</link>
		<comments>http://www.financial-news.org.uk/fears-of-a-return-to-credit-card-defaults-sweep-the-uk/#comments</comments>
		<pubDate>Tue, 28 Jul 2009 11:22:19 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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Signs are beginning across the Atlantic that consumers are beginning resurrect the practice of borrowing their way out of trouble. A recent surge in consumer debt defaults in the US could well spread to the UK, according to a recent report issued by the International Monetary Fund (IMF). 
The IMF have forecasted that of the [...]]]></description>
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