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	<title>financial news &#187; Hewlett-Packard</title>
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	<description>Bringing you all the news on the current credit crises</description>
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		<title>Darling goes soft on Iceland.</title>
		<link>http://www.financial-news.org.uk/darling-goes-soft-on-iceland/</link>
		<comments>http://www.financial-news.org.uk/darling-goes-soft-on-iceland/#comments</comments>
		<pubDate>Fri, 19 Feb 2010 17:12:18 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1684</guid>
		<description><![CDATA[
Alistair Darling, UK Chancellor of the Exchequer has announced that he is open to discussion on the possibility of scaling back on the interest rate charges which Iceland is required to make on the &#163;3.4 billion pound losses from failed online bank Icesave. After talks between the governments in London, Darling was reported as saying [...]]]></description>
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		<slash:comments>3</slash:comments>
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		<title>Darling blames the financial sector for the UK&#8217;s delayed return to growth.</title>
		<link>http://www.financial-news.org.uk/darling-blames-the-financial-sector-for-the-uks-delayed-return-to-growth/</link>
		<comments>http://www.financial-news.org.uk/darling-blames-the-financial-sector-for-the-uks-delayed-return-to-growth/#comments</comments>
		<pubDate>Fri, 29 Jan 2010 15:49:48 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/darling-blames-the-financial-sector-for-the-uks-delayed-return-to-growth/</guid>
		<description><![CDATA[
Darling blames the financial sector for the UK&#8217;s delayed return to growth.
Chancellor of the Exchequer Alistair Darling has said in a recent interview that the U.K.&#8217;s economic recovery is being retarded by the country&#8217;s large financial services sector. &#8220;I am not surprised that it has taken time for the economy to return to growth,&#8221; Darling [...]]]></description>
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		<title>UK companies plan to rely less on banks for credit</title>
		<link>http://www.financial-news.org.uk/uk-companies-plan-to-rely-less-on-banks-for-credit/</link>
		<comments>http://www.financial-news.org.uk/uk-companies-plan-to-rely-less-on-banks-for-credit/#comments</comments>
		<pubDate>Wed, 25 Nov 2009 10:43:02 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1598</guid>
		<description><![CDATA[
According to a survey for the Confederation of British Industry (CBI), UK companies will be relying much less on banks for credit in the future, instead pinning their hopes funding from bonds and equities. 
The survey showed that half of the companies will be looking to decrease financing from bank debt after the recession winds [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1598</wfw:commentRss>
		<slash:comments>3</slash:comments>
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		<title>BA merger good news for British tourists says Walsh</title>
		<link>http://www.financial-news.org.uk/ba-merger-good-news-for-british-tourists-says-walsh/</link>
		<comments>http://www.financial-news.org.uk/ba-merger-good-news-for-british-tourists-says-walsh/#comments</comments>
		<pubDate>Mon, 16 Nov 2009 10:23:17 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1588</guid>
		<description><![CDATA[
The planned merger, between British Airways and Spanish carrier Iberia Lineas Aereas de Espana SA, which is expected to get regulatory backing and be concluded by the end of next year, will create the world&#8217;s third largest airline. 
According to Willie Walsh, British Airways (BA) chief executive the planned merger with Iberia is &#34;great news [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1588</wfw:commentRss>
		<slash:comments>3</slash:comments>
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		<item>
		<title>Another setback for the UK economy as inflation remains unchanged for July</title>
		<link>http://www.financial-news.org.uk/another-setback-for-the-uk-economy-as-inflation-remains-unchanged-for-july/</link>
		<comments>http://www.financial-news.org.uk/another-setback-for-the-uk-economy-as-inflation-remains-unchanged-for-july/#comments</comments>
		<pubDate>Wed, 19 Aug 2009 14:35:18 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1373</guid>
		<description><![CDATA[
There were some glum faces yesterday at the Office for National Statistics on the announcement that consumer price inflation remained unchanged in July at 1.8 per cent in July, after forecasts that it would drop sharply for the month to 1.5 per cent.
Hopes were that after the Bank of England had extended its quantitative easing [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>The &#8220;Old Lady&#8221; shows UK banks the real meaning of the word profit</title>
		<link>http://www.financial-news.org.uk/the-old-lady-shows-uk-banks-the-real-meaning-of-the-word-profit/</link>
		<comments>http://www.financial-news.org.uk/the-old-lady-shows-uk-banks-the-real-meaning-of-the-word-profit/#comments</comments>
		<pubDate>Wed, 20 May 2009 11:02:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1098</guid>
		<description><![CDATA[Bank of England profits soared to nearly £1bn last year on the back of operations supporting the financial sector. 
Pre-tax profits quintupled to a record £995m in the year ended February, the most since the Bank began revealing its earnings in 1971.
This allowed the bank to pay out a dividend to the Treasury of £417m, [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1098</wfw:commentRss>
		<slash:comments>1</slash:comments>
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