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	<title>financial news &#187; Legal &amp; General</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>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>
				<category><![CDATA[Central banks]]></category>
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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>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>
		<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Stocks and shares]]></category>
		<category><![CDATA[UK Banks]]></category>
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		<category><![CDATA[World Banks]]></category>
		<category><![CDATA[Apple iPhone]]></category>
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		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Barack Obama]]></category>
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		<category><![CDATA[UK business]]></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>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>
		<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[Recession]]></category>
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		<category><![CDATA[UK 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>
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		<title>Chelsea Building Society victims of multi-million pound fraud</title>
		<link>http://www.financial-news.org.uk/chelsea-building-society-victims-of-multi-million-pound-fraud/</link>
		<comments>http://www.financial-news.org.uk/chelsea-building-society-victims-of-multi-million-pound-fraud/#comments</comments>
		<pubDate>Mon, 24 Aug 2009 10:53:27 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Energy Prices]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1387</guid>
		<description><![CDATA[
Officers in charge of the Chelsea Building Society held their head in their hands on Friday as they sheepishly admitted that the society had fallen victims to &#163;41 million fraud by some of their buy-to-let borrowers.
The Chelsea, UKs fifth-largest building society, hastened to explain that if the fraud hadn&#8217;t taken place their half year loss [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1387</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Mixed signals as house prices rise again in July</title>
		<link>http://www.financial-news.org.uk/mixed-signals-as-house-prices-rise-again-in-july/</link>
		<comments>http://www.financial-news.org.uk/mixed-signals-as-house-prices-rise-again-in-july/#comments</comments>
		<pubDate>Thu, 06 Aug 2009 07:09:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Daily News]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1338</guid>
		<description><![CDATA[According to data released by the Halifax Building Society, property prices increased by more than one percent. Halifax, one of the UK&#8217;s leading building societies also reduced  their forecast reduced how far they reckoned property values would fall in the remaining part of 2009. Their updated prediction is that house prices will fall by [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1338</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Pot calling the kettle black as the FSA seeks bail out</title>
		<link>http://www.financial-news.org.uk/pot-calling-the-kettle-black-as-the-fsa-seeks-bail-out/</link>
		<comments>http://www.financial-news.org.uk/pot-calling-the-kettle-black-as-the-fsa-seeks-bail-out/#comments</comments>
		<pubDate>Wed, 05 Aug 2009 11:06:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Energy Prices]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1334</guid>
		<description><![CDATA[According to their recently released annual report, the Financial Services Authority (FSA) Britain’s financial regulator, whose role in life is to supervise UK banks and help them to reduce debt; themselves have shown a deficit of £23 million pounds for the year.
In order to ease cash flow problems, the FSA have had to take up [...]]]></description>
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		<slash:comments>1</slash:comments>
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