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	<title>financial news &#187; Credit Crunch</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>
				<category><![CDATA[Central banks]]></category>
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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>
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		<title>UK economy continues to recover</title>
		<link>http://www.financial-news.org.uk/uk-economy-continues-to-recover/</link>
		<comments>http://www.financial-news.org.uk/uk-economy-continues-to-recover/#comments</comments>
		<pubDate>Mon, 26 Apr 2010 15:37:03 +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=1769</guid>
		<description><![CDATA[
The UK economy continues its recovery from recession, with the news that the UK gross domestic profit (GDP) rose by 0.2% in the first three months of 2010, according to information provided by the Office for National Statistics, The figure was lower than the 0.4% growth predicted by many economists, but like the last quarter [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Brown wants FSA to investigate Goldman Sachs</title>
		<link>http://www.financial-news.org.uk/brown-wants-fsa-to-investigate-goldman-sachs/</link>
		<comments>http://www.financial-news.org.uk/brown-wants-fsa-to-investigate-goldman-sachs/#comments</comments>
		<pubDate>Wed, 21 Apr 2010 13:15:01 +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=1763</guid>
		<description><![CDATA[
British Prime Minister Gordon Brown said on Sunday he wanted Financial Services Authority (FSA) &#8211; - Britain&#8217;s financial watchdog &#8212; to investigate Goldman Sachs after it was charged with fraud by U.S. regulators. Meanwhile, the UK Financial Services Authority did not make any comment on Brown&#8217;s speech on Sunday. The U.S. Securities and Exchange Commission [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1763</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Ash costing UK airlines mountains of cash.</title>
		<link>http://www.financial-news.org.uk/ash-costing-uk-airlines-mountains-of-cash/</link>
		<comments>http://www.financial-news.org.uk/ash-costing-uk-airlines-mountains-of-cash/#comments</comments>
		<pubDate>Wed, 21 Apr 2010 13:05:48 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1761</guid>
		<description><![CDATA[
UK airlines are expected lose at least &#163;130 million ($200 million) a day in revenues as a result of the volcanic ash-linked disruption, according to the International Air Transport Association (IATA). IATA, the industry&#8217;s governing body has said. Said its members would also lose further money as a result of having to augment expensive contingency [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1761</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<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>
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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>
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		<slash:comments>0</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>
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		<item>
		<title>UK Election count-down is officially underway</title>
		<link>http://www.financial-news.org.uk/uk-election-count-down-is-officially-underway/</link>
		<comments>http://www.financial-news.org.uk/uk-election-count-down-is-officially-underway/#comments</comments>
		<pubDate>Sat, 10 Apr 2010 12:07:55 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/uk-election-count-down-is-officially-underway/</guid>
		<description><![CDATA[
Prime Minister Gordon Brown has publicly set a national election for May 6 which looks like being one of Britain&#8217;s toughest to call for many years, as well as Brown&#8217;s first as leader of the Labour Party. Brown made this long anticipated announcement after meeting with Queen Elizabeth II. The Labour Party is expected to [...]]]></description>
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		<slash:comments>1</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>
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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>
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		<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>
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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>
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		<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>
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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>
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