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	<title>financial news &#187; Peter Mandelson</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>Mandelson argues that Labour should be allowed to stay in power despite losing the election.</title>
		<link>http://www.financial-news.org.uk/mandelson-argues-that-labour-should-be-allowed-to-stay-in-power-despite-losing-the-election/</link>
		<comments>http://www.financial-news.org.uk/mandelson-argues-that-labour-should-be-allowed-to-stay-in-power-despite-losing-the-election/#comments</comments>
		<pubDate>Fri, 07 May 2010 09:21:25 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1783</guid>
		<description><![CDATA[
In the first statement coming out of Labour election headquarters, current U.K. Business Secretary Peter Mandelson has put up an argument stating that the sitting government has the constitutional right for the &#8220;first go&#8221; in trying to remain in power when no party wins a majority in the House of Commons.
&#8220;The rules are, if it&#8217;s [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1783</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>UK house prices rise in March</title>
		<link>http://www.financial-news.org.uk/uk-house-prices-rise-in-march/</link>
		<comments>http://www.financial-news.org.uk/uk-house-prices-rise-in-march/#comments</comments>
		<pubDate>Fri, 02 Apr 2010 15:24:30 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1733</guid>
		<description><![CDATA[
A recent report has stated that UK House prices have raised by more than 0.7 % (&#163;3,000), while updates forecasts show that annual property inflation is due to slow down from the current rate of 9%. The increase more or less cancels the 0.8% fall in February. 
The average UK property is now valued at [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1733</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<item>
		<title>UK financial picture continues to look bleak.</title>
		<link>http://www.financial-news.org.uk/uk-financial-picture-continues-to-look-bleak/</link>
		<comments>http://www.financial-news.org.uk/uk-financial-picture-continues-to-look-bleak/#comments</comments>
		<pubDate>Mon, 22 Feb 2010 16:10:52 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1686</guid>
		<description><![CDATA[
Rumours have it that Bank of England governor Mervyn King may have had some serious explaining to do Chancellor Alasdair Darling as to why the consumer prices index went shooting up to 3.5% added to the worst ever January figures on record with a first time deficit for the traditionally high income month. The deficit [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1686</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<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>
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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>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1645</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<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>
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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>Recession is now the worst for more than sixty years</title>
		<link>http://www.financial-news.org.uk/recession-is-now-the-worst-for-more-than-sixty-years/</link>
		<comments>http://www.financial-news.org.uk/recession-is-now-the-worst-for-more-than-sixty-years/#comments</comments>
		<pubDate>Fri, 25 Dec 2009 07:48:52 +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=1632</guid>
		<description><![CDATA[Official figures released this week have confirmed that the current recession is the most severe Britain has suffered since World War Two. More businesses have gone bust in this than in any previous recession, with more than fifty companies closing their doors every day.  Estimates are that around 27,000 have closed since the economic crisis [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1632</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>RBS want to keep the UK government at bay.</title>
		<link>http://www.financial-news.org.uk/rbs-want-to-keep-the-uk-government-at-bay/</link>
		<comments>http://www.financial-news.org.uk/rbs-want-to-keep-the-uk-government-at-bay/#comments</comments>
		<pubDate>Mon, 21 Sep 2009 10:25:57 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1462</guid>
		<description><![CDATA[
Royal Bank of Scotland is considering approaching the market for extra money to avoid handing more control to the government. The bank, now 70% owned by taxpayers, is preparing to join the government&#8217;s Asset Protection Scheme (APS) to stop some toxic investments going bad. But it is also considering asking shareholders to invest further to [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1462</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Mandelson seeks to ban the Phoenix Four</title>
		<link>http://www.financial-news.org.uk/mandelson-seeks-to-ban-the-phoenix-four/</link>
		<comments>http://www.financial-news.org.uk/mandelson-seeks-to-ban-the-phoenix-four/#comments</comments>
		<pubDate>Mon, 14 Sep 2009 15:34:33 +0000</pubDate>
		<dc:creator>tom</dc:creator>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1447</guid>
		<description><![CDATA[
After an inquiry found they had taken unreasonably large rewards from the now bankrupt car maker MG Rover Group Ltd, UK Business Secretary Peter Mandelson is seeking a ban on the investors involved in the collapse from running other companies 
A recently released 800-page government-commissioned report into the demise of MG Rover, who went belly [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1447</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>The advantages of a weak pound</title>
		<link>http://www.financial-news.org.uk/the-advantages-of-a-weak-pound/</link>
		<comments>http://www.financial-news.org.uk/the-advantages-of-a-weak-pound/#comments</comments>
		<pubDate>Thu, 30 Jul 2009 07:33:47 +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=1319</guid>
		<description><![CDATA[Business Secretary Peter Mandelson pointed out recently that the advantages of a weak pound for the UK economy far outweigh it disadvantages. Mandelson went on to explain that because of the pounds “competitiveness” since the beginning of 2009 , U.K. manufacturers are winning valuable export orders and help to soften the blow of the recession [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1319</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>UK Government to encourage investment in small businesses</title>
		<link>http://www.financial-news.org.uk/uk-government-to-encourage-investment-in-small-businesses/</link>
		<comments>http://www.financial-news.org.uk/uk-government-to-encourage-investment-in-small-businesses/#comments</comments>
		<pubDate>Wed, 29 Jul 2009 11:16:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business Acounts]]></category>
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		<guid isPermaLink="false">http://www.financial-news.org.uk/?p=1313</guid>
		<description><![CDATA[Business Secretary Peter Mandelson is expected to announce on Wednesday the UK Government&#8217;s intention to launch a £150 million pound investment programme aimed towards small manufacturing companies specializing in areas where high levels of production and engineering skills are emphasized. 
The program will be designed to benefit companies involved in high to medium tech manufacturing [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1313</wfw:commentRss>
		<slash:comments>1</slash:comments>
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