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	<title>financial news &#187; Lord Turner</title>
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		<title>Congratulations. It&#8217;s been a year now since the Bank of England increased their interest rates.</title>
		<link>http://www.financial-news.org.uk/congratulations-its-been-a-year-now-since-the-bank-of-england-increased-their-interest-rates/</link>
		<comments>http://www.financial-news.org.uk/congratulations-its-been-a-year-now-since-the-bank-of-england-increased-their-interest-rates/#comments</comments>
		<pubDate>Fri, 05 Mar 2010 15:22:28 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1696</guid>
		<description><![CDATA[
It came as no big surprise to anybody when the Bank of England (BOE) announced that they will be holding interest rates at their record low of 0.5%, and for the twelfth consecutive month. 
The BOE&#8217;s decision gained a consensus of approval by UK economists, who pronounced, individually and collectively that rises in the cost [...]]]></description>
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		<title>King set to be unleashed on Europe</title>
		<link>http://www.financial-news.org.uk/king-set-to-be-unleashed-on-europe/</link>
		<comments>http://www.financial-news.org.uk/king-set-to-be-unleashed-on-europe/#comments</comments>
		<pubDate>Thu, 24 Sep 2009 10:12:17 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1472</guid>
		<description><![CDATA[
It now appears likely that Bank of England Governor, Mervyn King will be awarded the post of deputy chairman of a Europe-wide board, that will be responsible for the tracking the stability of financial institutions as well as co-coordinating risk supervision by national bank regulators.
King would join the board as number two to the European [...]]]></description>
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		<title>Brown gives a nod and a wink to Turner.</title>
		<link>http://www.financial-news.org.uk/brown-gives-a-nod-and-a-wink-to-turner/</link>
		<comments>http://www.financial-news.org.uk/brown-gives-a-nod-and-a-wink-to-turner/#comments</comments>
		<pubDate>Tue, 01 Sep 2009 14:26:39 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1410</guid>
		<description><![CDATA[
Prime Minister Gordon Brown has given his tacit approval without officially endorsing Lord Turner, chairman of the Financial Services Authority recent statements that the banking sector was &#34;bloated and needs to be cut down to size.&#34; Brown, in a recent interview, did however pledge to take tough action to clamp down on excessive remuneration for [...]]]></description>
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		<title>Turner dying to beat the bank&#8217;s bonuses</title>
		<link>http://www.financial-news.org.uk/turner-dying-to-beat-the-banks-bonuses/</link>
		<comments>http://www.financial-news.org.uk/turner-dying-to-beat-the-banks-bonuses/#comments</comments>
		<pubDate>Mon, 31 Aug 2009 08:36:33 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1403</guid>
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Chairman of the Financial Services Authority (FSA) Lord Turner revealed during a recent interview that in order to prevent excessive bonus payments he consider imposing a tax on banks. 
The FSA chairman also stated that the financial services sector had &#34;grown beyond a socially reasonable size&#34;. Lord Turner did hasten to add however that it [...]]]></description>
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