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	<title>financial news &#187; General Motors</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>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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		<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>
				<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Debt]]></category>
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		<category><![CDATA[pension system]]></category>
		<category><![CDATA[Second State Pension]]></category>
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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>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1737</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<title>UK may be in the same bed with Spain and Greece.</title>
		<link>http://www.financial-news.org.uk/uk-may-be-in-the-same-bed-with-spain-and-greece/</link>
		<comments>http://www.financial-news.org.uk/uk-may-be-in-the-same-bed-with-spain-and-greece/#comments</comments>
		<pubDate>Wed, 10 Feb 2010 17:12:17 +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=1674</guid>
		<description><![CDATA[
According to a leading economist the UK should be classed with Greece and Spain, as countries carrying severe debt problems Not in agreement and understandably so are the UK Treasury sources who rebuked the suggestions that the UK was gradually becoming one of the poor relations of Europe by confirming that all of the three [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1674</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>UK government in debt bond sell off drive.</title>
		<link>http://www.financial-news.org.uk/uk-government-in-debt-bond-sell-off-drive/</link>
		<comments>http://www.financial-news.org.uk/uk-government-in-debt-bond-sell-off-drive/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 10:54:18 +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=1672</guid>
		<description><![CDATA[
With the Bank of England (BOE)&#8217;s decision to put its quantative easing programme on hold, the Debt Management Office, held with the task for issuing of bonds to pay off the public deficit, are expecting difficulties in finding buyers. A spokesman for the DMO has said that the agency will continue to use new methods [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1672</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>UK limps out of the recession.</title>
		<link>http://www.financial-news.org.uk/uk-limps-out-of-the-recession/</link>
		<comments>http://www.financial-news.org.uk/uk-limps-out-of-the-recession/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 16:59:13 +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=1659</guid>
		<description><![CDATA[
Figures released yesterday confirmed that the UK economy grew by 0.1% in the last quarter of 2009, meaning that the recession is finally over, but later and which much less impact than the US or the Eurozone economies. Britain&#8217;s economy had been in recession for eighteen months, the longest period since quarterly figures were first [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1659</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Darling confesses that there may be budget cuts on the way.</title>
		<link>http://www.financial-news.org.uk/darling-confesses-that-there-may-be-budget-cuts-on-the-way/</link>
		<comments>http://www.financial-news.org.uk/darling-confesses-that-there-may-be-budget-cuts-on-the-way/#comments</comments>
		<pubDate>Mon, 11 Jan 2010 11:18:05 +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=1648</guid>
		<description><![CDATA[
In an interview held over the weekend, chancellor of the Exchequer Alistair Darling predicted that should the Labour Party be re-elected in this year&#8217;s anticipated elections they will be prepared to tightly rein in spending and curb Government borrowing. The treasury chief warned that the UK has little option but reduce the massive budget deficit [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1648</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<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>
				<category><![CDATA[Central banks]]></category>
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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>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1628</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Banks strike back at Darling</title>
		<link>http://www.financial-news.org.uk/banks-strike-back-at-darling/</link>
		<comments>http://www.financial-news.org.uk/banks-strike-back-at-darling/#comments</comments>
		<pubDate>Mon, 14 Dec 2009 15:19:43 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1620</guid>
		<description><![CDATA[
Key figures in the UK banking world announced their dismay and subsequent anger after Alistair Darling confirmed plans for his 50 per cent &#34;supertax&#34; on banks&#8217; bonus pools. The reaction from one leading UK going as far as went as far as describing the measure as an &#34;assault on the prudent and the profitable&#34;. Bob [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1620</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Lloyds to lay off another 5,000</title>
		<link>http://www.financial-news.org.uk/lloyds-to-lay-off-another-5000/</link>
		<comments>http://www.financial-news.org.uk/lloyds-to-lay-off-another-5000/#comments</comments>
		<pubDate>Wed, 11 Nov 2009 13:04:29 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1581</guid>
		<description><![CDATA[
Lloyds Banking Group is to cut 5,000 more jobs by the end of next year as it continues to reduce overlap following its merger with HBOS last year. 
While almost half of these posts are among staff, 2,600 permanent jobs would be lost. The union Unite accused the bank of &#34;corporate arrogance&#34; and short-termism following [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1581</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Sweeping spending cuts and tax increases will be required across the industrialized world</title>
		<link>http://www.financial-news.org.uk/sweeping-spending-cuts-and-tax-increases-will-be-required-across-the-industrialized-world/</link>
		<comments>http://www.financial-news.org.uk/sweeping-spending-cuts-and-tax-increases-will-be-required-across-the-industrialized-world/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 16:23:49 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1577</guid>
		<description><![CDATA[
Sweeping spending cuts and tax increases will be required across the industrialized world over the next decade to bring public finances under control following the economic crisis, the International Monetary Fund warned on Tuesday. The IMF projected that on current trends, even assuming some discretionary fiscal tightening next year, government debt in the advanced G20 [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1577</wfw:commentRss>
		<slash:comments>2</slash:comments>
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