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	<title>financial news &#187; GM</title>
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	<description>Bringing you all the news on the current credit crises</description>
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		<title>Brown to ask his colleagues to hang back.</title>
		<link>http://www.financial-news.org.uk/brown-to-ask-his-colleagues-to-hang-back/</link>
		<comments>http://www.financial-news.org.uk/brown-to-ask-his-colleagues-to-hang-back/#comments</comments>
		<pubDate>Wed, 18 Nov 2009 16:45:17 +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=1590</guid>
		<description><![CDATA[
In the Queen&#8217;s speech to be made today, Gordon Brown is expected to emphasize the need for fiscal discipline as the UK seeks to extricate itself from the current financial downturn, and catch up with the rest of the major global economies who have already done so. At the heart of his message will be [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1590</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<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>
				<category><![CDATA[Central banks]]></category>
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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>
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		<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>
				<category><![CDATA[Central banks]]></category>
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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>
		</item>
		<item>
		<title>BOE throw another &#163;25 billion into the pot.</title>
		<link>http://www.financial-news.org.uk/boe-throw-another-25-billion-into-the-pot/</link>
		<comments>http://www.financial-news.org.uk/boe-throw-another-25-billion-into-the-pot/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 16:10:30 +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/?p=1574</guid>
		<description><![CDATA[
The Bank of England has announced that they are to inject a further &#163;25 billion into the UK economy. The move is seen as an almost desperate bid to drag the economy reluctantly out its longest recession on record, after the announcement last week that the UK economy had shrank 0.4% in the third quarter. [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1574</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>UK businesses sweating at the thought of a postal strike.</title>
		<link>http://www.financial-news.org.uk/uk-businesses-sweating-at-the-thought-of-a-postal-strike/</link>
		<comments>http://www.financial-news.org.uk/uk-businesses-sweating-at-the-thought-of-a-postal-strike/#comments</comments>
		<pubDate>Mon, 12 Oct 2009 09:16:00 +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=1519</guid>
		<description><![CDATA[
The announcement made before the weekend that that 121,000 Royal Mail staff had voted overwhelmingly for national strikes over jobs, pay and working conditions had UK business owners and managers in a sweat. Companies fear that national action, on top of the regional strikes that have been taking place over the past three months, will [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1519</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>BOE holds interest rates at 0.5 percent for another month.</title>
		<link>http://www.financial-news.org.uk/boe-holds-interest-rates-at-0-5-percent-for-another-month/</link>
		<comments>http://www.financial-news.org.uk/boe-holds-interest-rates-at-0-5-percent-for-another-month/#comments</comments>
		<pubDate>Fri, 09 Oct 2009 11:18:38 +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=1515</guid>
		<description><![CDATA[
As had been widely predicted, the UK Monetary Policy Committee has chosen to hold interest rates at 0.5 percent as well as continuing with the existing programme of buying &#163;175 billion of assets. The Bank of England will have to decide in November whether to continue expanding its programme of money creation and asset purchases.
Two [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1515</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Accountants predict that the UK financial downturn has ended.</title>
		<link>http://www.financial-news.org.uk/accountants-predict-that-the-uk-financial-downturn-has-ended/</link>
		<comments>http://www.financial-news.org.uk/accountants-predict-that-the-uk-financial-downturn-has-ended/#comments</comments>
		<pubDate>Tue, 25 Aug 2009 09:15:38 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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How many hints do we need before the penny drops and the UK public can finally reach the conclusion that the recession is finally over? The latest one comes from the Institute of Chartered Accountants who in a report released last week announced that confidence among business professionals has surged form a negative status to [...]]]></description>
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