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	<title>financial news &#187; European Central Bank</title>
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	<description>Bringing you all the news on the current credit crises</description>
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		<title>Job cuts in the public sector looking likely, with unions digging in for the struggle.</title>
		<link>http://www.financial-news.org.uk/job-cuts-in-the-public-sector-looking-likely-with-unions-digging-in-for-the-struggle/</link>
		<comments>http://www.financial-news.org.uk/job-cuts-in-the-public-sector-looking-likely-with-unions-digging-in-for-the-struggle/#comments</comments>
		<pubDate>Mon, 21 Dec 2009 15:09:50 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1628</guid>
		<description><![CDATA[
UK public opinion is reported to be swinging the way of large scale cuts in the public service sector, according to recent reports. The sector, costing taxpayer&#8217;s record amounts of money each year. Is now employing more people than ever before. Unions who represent public sector employees are anticipating having a have a fight on [...]]]></description>
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		<title>Barclays buy a bank.</title>
		<link>http://www.financial-news.org.uk/barclays-buy-a-bank/</link>
		<comments>http://www.financial-news.org.uk/barclays-buy-a-bank/#comments</comments>
		<pubDate>Thu, 29 Oct 2009 15:25:11 +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=1551</guid>
		<description><![CDATA[
The U.K.&#8217;s second- biggest bank Barclays Plc have announced that they are to acquire Standard Life Plc&#8217;s banking assets for a sum of &#163;226 million pounds, In a move designed to expand their UK based savings and mortgage operations, Barclays will receive a major boost in turnover through Standard Life Bank Plc, who currently hold [...]]]></description>
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		<title>King set to be unleashed on Europe</title>
		<link>http://www.financial-news.org.uk/king-set-to-be-unleashed-on-europe/</link>
		<comments>http://www.financial-news.org.uk/king-set-to-be-unleashed-on-europe/#comments</comments>
		<pubDate>Thu, 24 Sep 2009 10:12:17 +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=1472</guid>
		<description><![CDATA[
It now appears likely that Bank of England Governor, Mervyn King will be awarded the post of deputy chairman of a Europe-wide board, that will be responsible for the tracking the stability of financial institutions as well as co-coordinating risk supervision by national bank regulators.
King would join the board as number two to the European [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1472</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<title>The FSA to keep the Royal Bank of Scotland on a short leash.</title>
		<link>http://www.financial-news.org.uk/the-fsa-to-keep-the-royal-bank-of-scotland-on-a-short-leash/</link>
		<comments>http://www.financial-news.org.uk/the-fsa-to-keep-the-royal-bank-of-scotland-on-a-short-leash/#comments</comments>
		<pubDate>Mon, 07 Sep 2009 09:15:31 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1428</guid>
		<description><![CDATA[
The Financial Services Authority has banned Royal Bank of Scotland from making repayments on bonds worth &#163;920 million pounds next month. They are doing so as a result of concerns that the partly nationalised bank is too reliant on billions of pounds of taxpayer&#8217;s money to remain afloat. RBS is in advanced talks with the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1428</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<item>
		<title>Chelsea Building Society victims of multi-million pound fraud</title>
		<link>http://www.financial-news.org.uk/chelsea-building-society-victims-of-multi-million-pound-fraud/</link>
		<comments>http://www.financial-news.org.uk/chelsea-building-society-victims-of-multi-million-pound-fraud/#comments</comments>
		<pubDate>Mon, 24 Aug 2009 10:53:27 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1387</guid>
		<description><![CDATA[
Officers in charge of the Chelsea Building Society held their head in their hands on Friday as they sheepishly admitted that the society had fallen victims to &#163;41 million fraud by some of their buy-to-let borrowers.
The Chelsea, UKs fifth-largest building society, hastened to explain that if the fraud hadn&#8217;t taken place their half year loss [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1387</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<title>King angry about being kept in the dark on banking regulations reform</title>
		<link>http://www.financial-news.org.uk/king-angry-about-being-kept-in-the-dark-on-banking-regulations-reform/</link>
		<comments>http://www.financial-news.org.uk/king-angry-about-being-kept-in-the-dark-on-banking-regulations-reform/#comments</comments>
		<pubDate>Thu, 25 Jun 2009 15:08:29 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1209</guid>
		<description><![CDATA[Mervyn King blew into the open the lack of trust and rancour between the bank of England and the Treasury on Wednesday as he complained he had not been adequately consulted on Alistair Darling’s plans for reform of banking regulations. 
The Bank governor also heightened tensions over fiscal policy by insisting that the government’s “extraordinary” [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1209</wfw:commentRss>
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