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	<title>financial news &#187; Oil</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>UK property prices to increase by twenty percent by 2014.</title>
		<link>http://www.financial-news.org.uk/uk-property-prices-to-increase-by-twenty-percent-by-2014/</link>
		<comments>http://www.financial-news.org.uk/uk-property-prices-to-increase-by-twenty-percent-by-2014/#comments</comments>
		<pubDate>Thu, 04 Feb 2010 15:41:35 +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/uk-property-prices-to-increase-by-twenty-percent-by-2014/</guid>
		<description><![CDATA[
According to a recent report by the Centre for Economics and Business Research (CEBR) UK house prices are liable to rise by about a fifth in the next four years. The forces that will push property prices up are increased lending levels by the banks and interest rates remaining at a low level.
Home values will [...]]]></description>
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		<slash:comments>2</slash:comments>
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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>
		<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Energy Prices]]></category>
		<category><![CDATA[Exchage Rate]]></category>
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		<category><![CDATA[Vodafone]]></category>
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		<category><![CDATA[Wolseley Plc]]></category>

		<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>
		</item>
		<item>
		<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>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Gold]]></category>
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		<category><![CDATA[The Markets]]></category>
		<category><![CDATA[UK Banks]]></category>
		<category><![CDATA[ABI]]></category>
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		<category><![CDATA[Cadburys]]></category>
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		<category><![CDATA[Credit]]></category>
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		<category><![CDATA[Hershey Co]]></category>
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		<category><![CDATA[UK Recession]]></category>

		<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>
		</item>
		<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>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Energy Prices]]></category>
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		<category><![CDATA[Lloyds]]></category>
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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>
		</item>
		<item>
		<title>UK to create their own high street banks.</title>
		<link>http://www.financial-news.org.uk/uk-to-create-their-own-high-street-banks/</link>
		<comments>http://www.financial-news.org.uk/uk-to-create-their-own-high-street-banks/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 12:43:20 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
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		<category><![CDATA[Virgin]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1570</guid>
		<description><![CDATA[
The government plan to create three new High Street banking chains, The move is expected to be in effect by 2015 as part of a major overhaul of the sector. The new banks will be recycled from the salvageable parts of Royal Bank of Scotland, Lloyds and the Northern Rock Building Society, all of which [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1570</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<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>Oil producers lie in wait to feed off the global financial recovery</title>
		<link>http://www.financial-news.org.uk/oil-producers-lie-in-wait-to-feed-off-the-global-financial-recovery/</link>
		<comments>http://www.financial-news.org.uk/oil-producers-lie-in-wait-to-feed-off-the-global-financial-recovery/#comments</comments>
		<pubDate>Wed, 05 Aug 2009 11:22:06 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Energy Prices]]></category>
		<category><![CDATA[Global Credit Crisis]]></category>
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		<category><![CDATA[Gordon Brown]]></category>
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		<category><![CDATA[Nicolas Sarcoxie]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[UK’s oil and gas]]></category>

		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1336</guid>
		<description><![CDATA[As oil prices began to surge towards a record high for the year an important official from the International Energy Agency (IEA) warned that the world economy cannot sustain any further increases in the price of crude oil. 
The benchmark price of $70 should not be breached otherwise a damper would be placed in the [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1336</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>FTSE hopping as half year results flow in.</title>
		<link>http://www.financial-news.org.uk/ftse-hopping-as-half-year-results-flow-in/</link>
		<comments>http://www.financial-news.org.uk/ftse-hopping-as-half-year-results-flow-in/#comments</comments>
		<pubDate>Fri, 31 Jul 2009 09:56:59 +0000</pubDate>
		<dc:creator>tom</dc:creator>
				<category><![CDATA[Central banks]]></category>
		<category><![CDATA[Daily News]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1321</guid>
		<description><![CDATA[
The FTSE was at the centre of UK financial news with many of its major companies announcing or about to announce their half year results. Which till now have been mostly encouraging.
The UK companies owned by Spanish bank Santander saw their profits rise by a third in the first half of the year as bad [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1321</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<item>
		<title>The OPEC Cartel</title>
		<link>http://www.financial-news.org.uk/the-opec-cartel/</link>
		<comments>http://www.financial-news.org.uk/the-opec-cartel/#comments</comments>
		<pubDate>Mon, 13 Oct 2008 09:38:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[Cartel]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[OPEC]]></category>

		<guid isPermaLink="false">http://financial-news.org.uk/?p=225</guid>
		<description><![CDATA[&#8220;A cartel is a formal (explicit) agreement among firms. Cartels usually occur in an oligopolistic industry, where there are a small number of sellers and usually involve homogeneous products. Cartel members may agree on such matters as price fixing, total industry output, market shares, allocation of customers, allocation of territories, bid rigging, establishment of common [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=225</wfw:commentRss>
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