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	<title>financial news &#187; Currency</title>
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		<title>Osborne wakes up to difficult times ahead for UK economy</title>
		<link>http://www.financial-news.org.uk/osborne-wakes-up-to-difficult-times-ahead-for-uk-economy/</link>
		<comments>http://www.financial-news.org.uk/osborne-wakes-up-to-difficult-times-ahead-for-uk-economy/#comments</comments>
		<pubDate>Wed, 19 May 2010 13:34:34 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
		<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Global Credit Crisis]]></category>
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		<category><![CDATA[Willie Walsh]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1786</guid>
		<description><![CDATA[
In one of the classic understatements of the year so far, new finance minister George Osborne has just announced his findings that the British economy is in a dire state and there will be difficult times ahead. Osborne&#8217;s revelation came as the government sat down to take action on tackling the record budget deficit. Osborne [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1786</wfw:commentRss>
		<slash:comments>3</slash:comments>
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		<item>
		<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>
		<category><![CDATA[Daily News]]></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>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1783</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<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>
				<category><![CDATA[Central banks]]></category>
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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>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1747</wfw:commentRss>
		<slash:comments>0</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>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[02]]></category>
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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>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/uk</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Darling&#8217;s budget sparks off election fever</title>
		<link>http://www.financial-news.org.uk/darlings-budget-sparks-off-election-fever/</link>
		<comments>http://www.financial-news.org.uk/darlings-budget-sparks-off-election-fever/#comments</comments>
		<pubDate>Mon, 29 Mar 2010 16:03:55 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/darlings-budget-sparks-off-election-fever/</guid>
		<description><![CDATA[
Much as he tried to keep a low profile on the subject, Chancellor Alistair Darling&#8217;s budget speech on Wednesday had a definite pre-election feel to it as were most of the measures taken, with the useful suspects of cigarettes, spirits and petrol taking their usual pounding, but to varying degrees. 
No sooner than Darling closed [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/darlings</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>BOE predict stability in the labour market in coming months.</title>
		<link>http://www.financial-news.org.uk/boe-predict-stability-in-the-labour-market-in-coming-months/</link>
		<comments>http://www.financial-news.org.uk/boe-predict-stability-in-the-labour-market-in-coming-months/#comments</comments>
		<pubDate>Wed, 17 Mar 2010 16:45:01 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Yukio Hatoyama]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1711</guid>
		<description><![CDATA[
As the UK&#8217;s emergence from the recession gains slow but steady momentum recent predictions from the Bank of England show that the number of jobs available on the market are unlikely to deteriorate any further, Reasons given are that most UK companies are doing the maximum to maintain current staff levels to cope with the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1711</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>UK companies seeking suitors from abroad</title>
		<link>http://www.financial-news.org.uk/uk-companies-seeking-suitors-from-abroad/</link>
		<comments>http://www.financial-news.org.uk/uk-companies-seeking-suitors-from-abroad/#comments</comments>
		<pubDate>Wed, 10 Mar 2010 13:23:18 +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=1699</guid>
		<description><![CDATA[
Every cloud still appears to have a silver lining and the silver this time round will be coming from both the United States and Europe. UK fund managers are anticipating a wave of takeover activity as companies with some surplus cash sitting around might be looking to take advantage of the weak pound to snaps [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1699</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Royal Bank of Scotland shows a rise of twenty billion in profits from 2008.</title>
		<link>http://www.financial-news.org.uk/royal-bank-of-scotland-shows-a-rise-of-twenty-billion-in-profits-from-2008/</link>
		<comments>http://www.financial-news.org.uk/royal-bank-of-scotland-shows-a-rise-of-twenty-billion-in-profits-from-2008/#comments</comments>
		<pubDate>Fri, 26 Feb 2010 17:53:30 +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/royal-bank-of-scotland-shows-a-rise-of-twenty-billion-in-profits-from-2008/</guid>
		<description><![CDATA[
 That would make for very good news if only the Royal Bank of Scotland (RBS) hadn&#8217;t succeeded in making a loss of &#163;24.3 billion shortfall in 2008. For 2009 RBS has announced losses for 2009 of just &#163;3.6 billion after losing their struggle to recover billions of pounds of bad loans. Considering that city [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/royal</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<item>
		<title>UK needs to work harder to encourage foreign investment.</title>
		<link>http://www.financial-news.org.uk/uk-needs-to-work-harder-to-encourage-foreign-investment/</link>
		<comments>http://www.financial-news.org.uk/uk-needs-to-work-harder-to-encourage-foreign-investment/#comments</comments>
		<pubDate>Thu, 25 Feb 2010 13:00:38 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1689</guid>
		<description><![CDATA[
UK Prime Minister Gordon Brown received a polite warning yesterday from international leaders who attended a conference in central London that Britain&#8217;s tax regime and infrastructure must be improved if the country is to continue attracting investment. Brown and business secretary, Lord Mandelson stressed that the UK still remained a competitive place to do business [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1689</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>UK financial picture continues to look bleak.</title>
		<link>http://www.financial-news.org.uk/uk-financial-picture-continues-to-look-bleak/</link>
		<comments>http://www.financial-news.org.uk/uk-financial-picture-continues-to-look-bleak/#comments</comments>
		<pubDate>Mon, 22 Feb 2010 16:10:52 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1686</guid>
		<description><![CDATA[
Rumours have it that Bank of England governor Mervyn King may have had some serious explaining to do Chancellor Alasdair Darling as to why the consumer prices index went shooting up to 3.5% added to the worst ever January figures on record with a first time deficit for the traditionally high income month. The deficit [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1686</wfw:commentRss>
		<slash:comments>3</slash:comments>
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