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	<title>financial news &#187; Credit</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>Darling back pedals on VAT in pre-budget cuts</title>
		<link>http://www.financial-news.org.uk/darling-back-pedals-on-vat-in-pre-budget-cuts/</link>
		<comments>http://www.financial-news.org.uk/darling-back-pedals-on-vat-in-pre-budget-cuts/#comments</comments>
		<pubDate>Mon, 14 Dec 2009 15:03:35 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Employment]]></category>
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		<category><![CDATA[Exchage Rate]]></category>
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		<category><![CDATA[NASDAQ]]></category>
		<category><![CDATA[Nokia]]></category>
		<category><![CDATA[pre-budget cuts]]></category>
		<category><![CDATA[Stock Markets]]></category>
		<category><![CDATA[Stocks and shares]]></category>
		<category><![CDATA[UK Economy]]></category>
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		<category><![CDATA[UK Recession]]></category>
		<category><![CDATA[VAT]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1616</guid>
		<description><![CDATA[
Alistair Darling increased the levels of his undoubted popularity with the UK public by announcing some interesting cuts and about turns in his pre-budget cuts. The first was that VAT cut to 15% as recently as March in the Budget, is to be reversed as of 1 January 2010. Income tax bands are to be [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1616</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>UK companies plan to rely less on banks for credit</title>
		<link>http://www.financial-news.org.uk/uk-companies-plan-to-rely-less-on-banks-for-credit/</link>
		<comments>http://www.financial-news.org.uk/uk-companies-plan-to-rely-less-on-banks-for-credit/#comments</comments>
		<pubDate>Wed, 25 Nov 2009 10:43:02 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
		<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[Energy Prices]]></category>
		<category><![CDATA[Exchage Rate]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Stocks and shares]]></category>
		<category><![CDATA[The Markets]]></category>
		<category><![CDATA[UK Banks]]></category>
		<category><![CDATA[ABI]]></category>
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		<category><![CDATA[ATM withdrawals]]></category>
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		<category><![CDATA[Credit]]></category>
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		<category><![CDATA[Interest Rates]]></category>
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		<category><![CDATA[Marc Bolland]]></category>
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		<category><![CDATA[UK companies]]></category>
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		<category><![CDATA[UK Recession]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1598</guid>
		<description><![CDATA[
According to a survey for the Confederation of British Industry (CBI), UK companies will be relying much less on banks for credit in the future, instead pinning their hopes funding from bonds and equities. 
The survey showed that half of the companies will be looking to decrease financing from bank debt after the recession winds [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1598</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>How it doesn&#8217;t pay to be either a lender or borrower in the UK of 2009.</title>
		<link>http://www.financial-news.org.uk/how-it-doesnt-pay-to-be-either-a-lender-or-borrower-in-the-uk-of-2009/</link>
		<comments>http://www.financial-news.org.uk/how-it-doesnt-pay-to-be-either-a-lender-or-borrower-in-the-uk-of-2009/#comments</comments>
		<pubDate>Thu, 17 Sep 2009 15:16:46 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[Saving]]></category>
		<category><![CDATA[UK Bank Accounts]]></category>
		<category><![CDATA[UK Banks]]></category>
		<category><![CDATA[savings accounts]]></category>
		<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[BOE]]></category>
		<category><![CDATA[British Economy]]></category>
		<category><![CDATA[British Pound]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Current Account]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Financial News]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Overdraft]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[UK Economy]]></category>
		<category><![CDATA[UK Recession]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1456</guid>
		<description><![CDATA[
In times gone by, the self righteous members of the community were often heard to say &#34;neither a lender nor a borrower be.&#34; Not a bad piece of advice it would transpire and one that should have been heeded more carefully a few years ago. However it must have been hard to take when handed [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1456</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Banks under increasing pressure to lower fixed mortgage rates.</title>
		<link>http://www.financial-news.org.uk/banks-under-increasing-pressure-to-lower-fixed-mortgage-rates/</link>
		<comments>http://www.financial-news.org.uk/banks-under-increasing-pressure-to-lower-fixed-mortgage-rates/#comments</comments>
		<pubDate>Thu, 03 Sep 2009 08:46:17 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[UK Bank Accounts]]></category>
		<category><![CDATA[UK Banks]]></category>
		<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[British Economy]]></category>
		<category><![CDATA[British Pound]]></category>
		<category><![CDATA[building societies]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Financial News]]></category>
		<category><![CDATA[government bonds]]></category>
		<category><![CDATA[home owners]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[mortgage brokers]]></category>
		<category><![CDATA[mortgage rates]]></category>
		<category><![CDATA[Swap rates]]></category>
		<category><![CDATA[UK Economy]]></category>
		<category><![CDATA[UK government]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1416</guid>
		<description><![CDATA[
Recent suggestions are that UK banks and building societies will come under increasing pressure to reduce their fixed mortgage rates after government bond markets began to increase rapidly. Analysts in the bond market have recommended that, as a result of the rise in the price of government bonds which is causing an attendant and converse [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1416</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>As the UK slowly winds its way out of the recession, have the Banks learned their lessons?</title>
		<link>http://www.financial-news.org.uk/as-the-uk-slowly-winds-its-way-out-of-the-recession-have-the-banks-learned-their-lessons/</link>
		<comments>http://www.financial-news.org.uk/as-the-uk-slowly-winds-its-way-out-of-the-recession-have-the-banks-learned-their-lessons/#comments</comments>
		<pubDate>Tue, 25 Aug 2009 09:26:40 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
		<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Stocks and shares]]></category>
		<category><![CDATA[UK Bank Accounts]]></category>
		<category><![CDATA[UK Banks]]></category>
		<category><![CDATA[UK Small Business]]></category>
		<category><![CDATA[UK employment]]></category>
		<category><![CDATA[Banking]]></category>
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		<category><![CDATA[Credit]]></category>
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		<category><![CDATA[Financial News]]></category>
		<category><![CDATA[Glass-Steagall Act]]></category>
		<category><![CDATA[negative equity]]></category>
		<category><![CDATA[Overdraft]]></category>
		<category><![CDATA[post-recession Britain]]></category>
		<category><![CDATA[UK businesses]]></category>
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		<category><![CDATA[Wall Street Crash]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1391</guid>
		<description><![CDATA[
The signs are definitely there: Germany and France have already done it, even Japan, Hong Kong, Singapore and Thailand. The US is still in it, yet in name only. And the UK will be following not long after. To where?
If you haven&#8217;t already guessed, the answer is out of recession. 
So what happens in post-recession [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1391</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Don&#8217;t be a slave to the banks &#8211; keep your credit rating above reproach.</title>
		<link>http://www.financial-news.org.uk/dont-be-a-slave-to-the-banks-keep-your-credit-rating-above-reproach/</link>
		<comments>http://www.financial-news.org.uk/dont-be-a-slave-to-the-banks-keep-your-credit-rating-above-reproach/#comments</comments>
		<pubDate>Wed, 19 Aug 2009 14:44:42 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[unsecured loans]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1375</guid>
		<description><![CDATA[
Although your bank manager will tell you that he or she is your friend, and that they have your best interest at heart when they cut your overdraft or credit card levels, don&#8217;t believe them. The truth is that banks thrive on people who are in financial trouble and know exactly how to play on [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1375</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>An end to in your face credit card marketing tactics urged.</title>
		<link>http://www.financial-news.org.uk/an-end-to-in-your-face-credit-card-marketing-tactics-urged/</link>
		<comments>http://www.financial-news.org.uk/an-end-to-in-your-face-credit-card-marketing-tactics-urged/#comments</comments>
		<pubDate>Sun, 05 Jul 2009 07:12:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[UK Banks]]></category>
		<category><![CDATA[UK Credit cards]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Credit]]></category>
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		<category><![CDATA[Royal Bank of Scotland]]></category>
		<category><![CDATA[Stephen Hester]]></category>
		<category><![CDATA[UK Credit Cards]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1235</guid>
		<description><![CDATA[Thursday saw the launch of a long awaited white paper on consumer affairs that  would prevent the practice of  banks increasing customers&#8217; credit card limits without their permission, as well as completing disallowing the them from sending out unsolicited &#8216;credit-card cheques&#8217; . According to almost ten percent of the UK population had their [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1235</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How to live with a credit card in the post-depression era</title>
		<link>http://www.financial-news.org.uk/how-to-live-with-a-credit-card-in-the-post-depression-era/</link>
		<comments>http://www.financial-news.org.uk/how-to-live-with-a-credit-card-in-the-post-depression-era/#comments</comments>
		<pubDate>Wed, 10 Jun 2009 09:27:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[UK Bank Accounts]]></category>
		<category><![CDATA[UK Credit Cards]]></category>
		<category><![CDATA[UK Credit cards]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Credit Crunch]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1169</guid>
		<description><![CDATA[Whilst it is easy to gain the government and the banks for the financial quagmire that the UK succeeded in sinking itself in, the public also have to be levied a portion of the blame. As a leading financial analyst proudly proclaims, it was the shopping centres and the credit cards that did it as [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1169</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The &#8220;Old Lady&#8221; shows UK banks the real meaning of the word profit</title>
		<link>http://www.financial-news.org.uk/the-old-lady-shows-uk-banks-the-real-meaning-of-the-word-profit/</link>
		<comments>http://www.financial-news.org.uk/the-old-lady-shows-uk-banks-the-real-meaning-of-the-word-profit/#comments</comments>
		<pubDate>Wed, 20 May 2009 11:02:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[UK Banks]]></category>
		<category><![CDATA[UK Credit cards]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Credit Card]]></category>
		<category><![CDATA[Gordon Brown]]></category>
		<category><![CDATA[Hewlett-Packard]]></category>
		<category><![CDATA[Marks & Spencer]]></category>
		<category><![CDATA[Scottish & Southern Energy]]></category>
		<category><![CDATA[UK Credit Cards]]></category>
		<category><![CDATA[UK Financial Investments]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1098</guid>
		<description><![CDATA[Bank of England profits soared to nearly £1bn last year on the back of operations supporting the financial sector. 
Pre-tax profits quintupled to a record £995m in the year ended February, the most since the Bank began revealing its earnings in 1971.
This allowed the bank to pay out a dividend to the Treasury of £417m, [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1098</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Good news for credit card holders &#8211; MasterCard to be the first to slash fees</title>
		<link>http://www.financial-news.org.uk/good-news-for-credit-card-holders-mastercard-to-be-the-first-to-slash-fees/</link>
		<comments>http://www.financial-news.org.uk/good-news-for-credit-card-holders-mastercard-to-be-the-first-to-slash-fees/#comments</comments>
		<pubDate>Thu, 02 Apr 2009 09:30:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[Saving]]></category>
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		<category><![CDATA[UK Banks]]></category>
		<category><![CDATA[UK Credit cards]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Credit Crunch]]></category>
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		<category><![CDATA[MasterCard]]></category>
		<category><![CDATA[UK Credit Cards]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=953</guid>
		<description><![CDATA[As the finance industry appears to be pulling out all of the stops to win back the hearts of the UK consumer, the news announced recently that MasterCard, one of the World&#8217;s most well-known, widely accepted payment cards brands have agrees to significantly reduce the fees that they have been charging to banks across Europe. [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=953</wfw:commentRss>
		<slash:comments>1</slash:comments>
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