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	<title>financial news &#187; HBos</title>
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		<title>Darling is looking for some credit.</title>
		<link>http://www.financial-news.org.uk/darling-is-looking-for-some-credit/</link>
		<comments>http://www.financial-news.org.uk/darling-is-looking-for-some-credit/#comments</comments>
		<pubDate>Tue, 16 Mar 2010 11:35:26 +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=1708</guid>
		<description><![CDATA[
Chancellor Alistair Darling, possibly with an eye to future job prospects, is expected to blow his own horn in the coming days, by claiming that the Labour government&#8217;s investment in jobs programmes are responsible for saving no less than &#163;12 billion during the recession. Darling backed up his claims by stating that in the 2009 [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1708</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
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		<title>UK property prices take a fall in February.</title>
		<link>http://www.financial-news.org.uk/uk-property-prices-take-a-fall-in-february/</link>
		<comments>http://www.financial-news.org.uk/uk-property-prices-take-a-fall-in-february/#comments</comments>
		<pubDate>Wed, 03 Mar 2010 09:38:43 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
		<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[Recession]]></category>
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		<category><![CDATA[T-Mobile]]></category>
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		<category><![CDATA[UK Recession]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1692</guid>
		<description><![CDATA[
After a nine-month run of steady increases, UK house prices were reported to have fallen in February, while the three-month rate registered a rise of 1.6 per cent. The three month property rise comparison chart was down from the 2 per cent increase seen in the three months to January as well as its peak [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1692</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<title>Myners rules out the Obama way for UK banks</title>
		<link>http://www.financial-news.org.uk/myners-rules-out-the-obama-way-for-uk-banks/</link>
		<comments>http://www.financial-news.org.uk/myners-rules-out-the-obama-way-for-uk-banks/#comments</comments>
		<pubDate>Mon, 25 Jan 2010 10:14:19 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Lord Myners]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/myners-rules-out-the-obama-way-for-uk-banks/</guid>
		<description><![CDATA[
City minister Lord Myners, in a recent speech played down suggestions that Britain might follow in US President Barack Obama&#8217;s footsteps in introducing radical reforms to the UK banking system.
Myners stated that the UK had already taken sufficient measures to address the problems in its banking industry.
&#34;President Obama came out with a solution to the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/myners</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>OFT loses out to the banks on overdraft charges</title>
		<link>http://www.financial-news.org.uk/oft-loses-out-to-the-banks-on-overdraft-charges/</link>
		<comments>http://www.financial-news.org.uk/oft-loses-out-to-the-banks-on-overdraft-charges/#comments</comments>
		<pubDate>Fri, 27 Nov 2009 12:57:51 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Overdraft]]></category>
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		<category><![CDATA[Sir David Walker]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1601</guid>
		<description><![CDATA[
The Office of Fair Trading (OFT) has lost its legal battle over bank charges with banks following the shock announcement by the Supreme Court on Wednesday. While the ruling effectively scuppers any chance of reclaiming fees in the foreseeable future it does clear the way for new rules to be drawn up that would limit [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1601</wfw:commentRss>
		<slash:comments>1</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>
				<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>
		</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>Darling looks forward to November and his pre-budget report.</title>
		<link>http://www.financial-news.org.uk/darling-looks-forward-to-november-and-his-pre-budget-report/</link>
		<comments>http://www.financial-news.org.uk/darling-looks-forward-to-november-and-his-pre-budget-report/#comments</comments>
		<pubDate>Tue, 06 Oct 2009 10:28:57 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[pre-Budget report]]></category>
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		<category><![CDATA[TJ Hughes]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1503</guid>
		<description><![CDATA[
Chancellor Alistair Darling has recommended a pay freeze for 40,000 senior public servants in 2010/11. Darling has written to salary review bodies calling on them to freeze the pay of top level civil servants, such as judges, senior NHS managers as well as General Practitioners. It is expected that public spending priorities and cuts will [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1503</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Lloyds agree to participate in the government sponsored insurance scheme &#8211; Eventually.</title>
		<link>http://www.financial-news.org.uk/lloyds-agree-to-participate-in-the-government-sponsored-insurance-scheme-eventually/</link>
		<comments>http://www.financial-news.org.uk/lloyds-agree-to-participate-in-the-government-sponsored-insurance-scheme-eventually/#comments</comments>
		<pubDate>Fri, 18 Sep 2009 13:59:30 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1458</guid>
		<description><![CDATA[
In spite of various and long ranging attempts to steer clear of it, Lloyds Banking Group now appear likely to participate in the government sponsored insurance scheme to freeze their toxic assets 
Despite the fact that Lloyds signed up for the insurance scheme way back in March, giving itself the option of freezing &#163;260 billion [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1458</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Bank shares hit as HBOS losses hit £1.7 billion</title>
		<link>http://www.financial-news.org.uk/bank-shares-hit-as-hbos-losses-hit-17-billion/</link>
		<comments>http://www.financial-news.org.uk/bank-shares-hit-as-hbos-losses-hit-17-billion/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 09:03:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://financial-news.org.uk/?p=645</guid>
		<description><![CDATA[Bank shares on the slide after HBOS revealed bad debts on lending have risen to £1.7bn in the 11 months to the end of November.
The figures could worsen, as they were £1.2bn in September and just £700m in June.
&#8220;In light of the worsening economic climate, trends in retail impairment charges are likely to come under [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=645</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>New banking giant may axe 40,000 jobs</title>
		<link>http://www.financial-news.org.uk/new-banking-giant-may-axe-40000-jobs/</link>
		<comments>http://www.financial-news.org.uk/new-banking-giant-may-axe-40000-jobs/#comments</comments>
		<pubDate>Wed, 10 Dec 2008 13:58:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://financial-news.org.uk/?p=637</guid>
		<description><![CDATA[The new banking goliath rising from the ashes of Lloyds TSB and HBoS is ready to axe up to 40,000 jobs and 600 branches in a cost cutting strategy.
The Lloyds Banking Group – the new name for the super bank &#8211; will face pressure to shrink its balance sheet, lift capital ratios and resume dividends [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=637</wfw:commentRss>
		<slash:comments>1</slash:comments>
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