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	<title>financial news &#187; Kraft</title>
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		<title>Interest rate hike expected as inflation sores.</title>
		<link>http://www.financial-news.org.uk/interest-rate-hike-expected-as-inflation-sores/</link>
		<comments>http://www.financial-news.org.uk/interest-rate-hike-expected-as-inflation-sores/#comments</comments>
		<pubDate>Wed, 20 Jan 2010 12:33:51 +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=1656</guid>
		<description><![CDATA[
With an earlier than expected rise in inflation, which soared to 2.9% in December, interest rates could be rising sooner than expected in 2010. 
 The reading for the consumer prices index (CPI) came in well above the expected 2.4% figure making for the largest ever rise in inflation over a single month, according to [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>British banks don&#8217;t escape Obama&#8217;s glare.</title>
		<link>http://www.financial-news.org.uk/british-banks-dont-escape-obamas-glare/</link>
		<comments>http://www.financial-news.org.uk/british-banks-dont-escape-obamas-glare/#comments</comments>
		<pubDate>Tue, 19 Jan 2010 16:54:59 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Employment]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1654</guid>
		<description><![CDATA[
U.S. President Barack Obama has celebrated his first year in office by showing a more brittle side to his personality, and in recent statements has been particularly vehement in his comments regarding the US banking system. Obama has stated his intention to raise legislation that would force around 50 banks, insurance companies and large broker-dealers [...]]]></description>
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		<title>Freezing Britain has to weigh up the costs.</title>
		<link>http://www.financial-news.org.uk/freezing-britain-has-to-weigh-up-the-costs/</link>
		<comments>http://www.financial-news.org.uk/freezing-britain-has-to-weigh-up-the-costs/#comments</comments>
		<pubDate>Fri, 08 Jan 2010 13:54:44 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Bernie Ecclestone]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1645</guid>
		<description><![CDATA[
While the UK and with it almost all of Western Europe and the West Coast of the US are caught in the grip of the longest running and most severe cold spell that it has seen for close to thirty years without a break in the foreseeable future, many analyst are now scratching their heads [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<item>
		<title>Iceland takes cold feet on repaying the three billion.</title>
		<link>http://www.financial-news.org.uk/iceland-takes-cold-feet-on-repaying-the-three-billion/</link>
		<comments>http://www.financial-news.org.uk/iceland-takes-cold-feet-on-repaying-the-three-billion/#comments</comments>
		<pubDate>Thu, 07 Jan 2010 15:48:12 +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=1643</guid>
		<description><![CDATA[
Iceland&#8217;s president has refused to sign a controversial bill to repay &#163;3.1 billion previously promised to the UK and the Netherlands. The news came after Iceland&#8217;s President Olafur Ragnar Grimsson announced a change of a heart following public protest and instead the country will now hold a referendum on the bill, which was designed to [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1643</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Treasury justified in banks bail out</title>
		<link>http://www.financial-news.org.uk/treasury-justified-in-banks-bail-out/</link>
		<comments>http://www.financial-news.org.uk/treasury-justified-in-banks-bail-out/#comments</comments>
		<pubDate>Mon, 07 Dec 2009 10:55:49 +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=1612</guid>
		<description><![CDATA[
The Treasury was &#34;justified&#34; in using taxpayers&#8217; money to bail out banks to protect the wider financial system, according to an official report. 
The National Audit Office (NAO) review said the cost to the UK public so far totalled &#163;850 billion. 
&#34;It is difficult to imagine the scale of the consequences for the economy and [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1612</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<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>
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		<item>
		<title>Brown agrees to bin the Tobin tax</title>
		<link>http://www.financial-news.org.uk/brown-agrees-to-bin-the-tobin-tax/</link>
		<comments>http://www.financial-news.org.uk/brown-agrees-to-bin-the-tobin-tax/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 11:28:22 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Tobin tax]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1579</guid>
		<description><![CDATA[
UK Prime Minister Gordon Brown was observed to be rapidly retreating from his proposal that a financial transactions tax be imposed to aid the global economy. Brown, made the speech on Saturday at a meeting of global finance ministers, suffered a backlash on his proposal to implement a miniscule &#8220;Tobin tax&#8221;. The Tobin tax originally [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1579</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>
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		<item>
		<title>Brown and Darling want to knock King off his throne.</title>
		<link>http://www.financial-news.org.uk/brown-and-darling-want-to-knock-king-off-his-throne/</link>
		<comments>http://www.financial-news.org.uk/brown-and-darling-want-to-knock-king-off-his-throne/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 09:45:45 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Terry Duddy]]></category>
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		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1537</guid>
		<description><![CDATA[
There were one or two petted lips around Westminster yesterday in response to governor of the Bank of England Mervyn King&#8217;s call for Britain&#8217;s biggest banks to be split up to prevent the possibility of a financial crisis of similar proportions to the one that the UK is going through, in the future. Particularly peeved [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1537</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>
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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>
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