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	<title>financial news &#187; National Express</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 gives Lloyds the nod to test the water</title>
		<link>http://www.financial-news.org.uk/darling-gives-lloyds-the-nod-to-test-the-water/</link>
		<comments>http://www.financial-news.org.uk/darling-gives-lloyds-the-nod-to-test-the-water/#comments</comments>
		<pubDate>Thu, 29 Oct 2009 16:29:29 +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=1556</guid>
		<description><![CDATA[
Chancellor of the Exchequer Alistair Darling now appears likely to give Lloyds the go ahead to test the seriousness of its ambitious &#163;25 billion refinancing plan. Darling&#8217;s tacit agreement will be looked upon by city watchers as a definite indication that the chancellor could be prepared to release the bank from its obligations to the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1556</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Barclays sell off some shares.</title>
		<link>http://www.financial-news.org.uk/barclays-sell-of-some-shares/</link>
		<comments>http://www.financial-news.org.uk/barclays-sell-of-some-shares/#comments</comments>
		<pubDate>Wed, 21 Oct 2009 14:26:42 +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=1532</guid>
		<description><![CDATA[
Qatar Holdings, who were and still remain Barclays&#8217; largest shareholder, have realized their profits on 3.5% of their stake in the bank, taking home a tidy &#163;615m profit in the process. People in the know are saying that Qatar Holdings, who act as the emirate&#8217;s private investment vehicle, will use the money to increase their [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1532</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Darling plays coy with Lloyds.</title>
		<link>http://www.financial-news.org.uk/darling-plays-coy-with-lloyds/</link>
		<comments>http://www.financial-news.org.uk/darling-plays-coy-with-lloyds/#comments</comments>
		<pubDate>Fri, 16 Oct 2009 11:57:52 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Lloyds]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1522</guid>
		<description><![CDATA[
It appears likely that the UK government will not agree to underwrite the Lloyds Banking Group&#8217;s proposed rights issue. This development, if it transpires, could potentially stall the partially state-owned bank&#8217;s efforts to raise sufficient capital to allow them not to participate in the government backed toxic asset insurance programme. In the long term, the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1522</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The Bank of England hold interest rates for another month.</title>
		<link>http://www.financial-news.org.uk/the-bank-of-england-hold-interest-rates-for-another-month/</link>
		<comments>http://www.financial-news.org.uk/the-bank-of-england-hold-interest-rates-for-another-month/#comments</comments>
		<pubDate>Fri, 11 Sep 2009 14:30:04 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1443</guid>
		<description><![CDATA[
The Bank of England have announced that they will be holding interest rates firm for the sixth consecutive month, at a record low of 0.5%. 
The bank also announced that their quantitative easing program is not to be expanded, remaining at &#163;175 billion. 
The ownership saga at National Express seems to be drawing to a [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1443</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>UK Mortgage approvals continue to rise in July</title>
		<link>http://www.financial-news.org.uk/uk-mortgage-approvals-continue-to-rise-in-july/</link>
		<comments>http://www.financial-news.org.uk/uk-mortgage-approvals-continue-to-rise-in-july/#comments</comments>
		<pubDate>Wed, 26 Aug 2009 11:01:33 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1393</guid>
		<description><![CDATA[
An increase in July of more than 75% in the number of home purchase loans approved by British banks, made for the most encouraging figures since February 2008, while net mortgage lending growth remained as its weakest level since the year 2000. 
The British Bankers&#8217; Association announced 38,181 mortgage applications were approved in July in [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1393</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<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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		<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>Fears of a return to credit card defaults sweep the UK.</title>
		<link>http://www.financial-news.org.uk/fears-of-a-return-to-credit-card-defaults-sweep-the-uk/</link>
		<comments>http://www.financial-news.org.uk/fears-of-a-return-to-credit-card-defaults-sweep-the-uk/#comments</comments>
		<pubDate>Tue, 28 Jul 2009 11:22:19 +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=1309</guid>
		<description><![CDATA[
Signs are beginning across the Atlantic that consumers are beginning resurrect the practice of borrowing their way out of trouble. A recent surge in consumer debt defaults in the US could well spread to the UK, according to a recent report issued by the International Monetary Fund (IMF). 
The IMF have forecasted that of the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1309</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>UK Government now own their own railroad</title>
		<link>http://www.financial-news.org.uk/uk-government-now-own-their-own-railroad/</link>
		<comments>http://www.financial-news.org.uk/uk-government-now-own-their-own-railroad/#comments</comments>
		<pubDate>Thu, 02 Jul 2009 07:37:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Daily News]]></category>
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		<category><![CDATA[East Coast rail service]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1231</guid>
		<description><![CDATA[The government says it intends to take the East Coast rail service, run by National Express, into state ownership. The troubled rail franchise, which is expected to have lost £20m in the first half of the year, is suffering from falling passenger numbers. 
Ministers have refused National Express&#8217;s requests for its contract with the government [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1231</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<item>
		<title>RBS may still have a few more surprises up their sleeve- most of them unpleasant.</title>
		<link>http://www.financial-news.org.uk/rbs-may-still-have-a-few-more-surprises-up-their-sleeve-most-of-them-unpleasant/</link>
		<comments>http://www.financial-news.org.uk/rbs-may-still-have-a-few-more-surprises-up-their-sleeve-most-of-them-unpleasant/#comments</comments>
		<pubDate>Thu, 18 Jun 2009 08:16:15 +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=1192</guid>
		<description><![CDATA[As the Royal Bank of Scotland’ struggles to push itself out of the quagmire created by Sir Fred and his crew, unpleasant surprises continue to emerge. A recent statement by incumbent CEO Stephen Hester made at the recent British Property Federation conference. The bank&#8217;s losses on real estate loans could be higher than it has [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1192</wfw:commentRss>
		<slash:comments>2</slash:comments>
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