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	<title>financial news &#187; Sainsbury</title>
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	<description>Bringing you all the news on the current credit crises</description>
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		<title>Ash costing UK airlines mountains of cash.</title>
		<link>http://www.financial-news.org.uk/ash-costing-uk-airlines-mountains-of-cash/</link>
		<comments>http://www.financial-news.org.uk/ash-costing-uk-airlines-mountains-of-cash/#comments</comments>
		<pubDate>Wed, 21 Apr 2010 13:05:48 +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=1761</guid>
		<description><![CDATA[
UK airlines are expected lose at least &#163;130 million ($200 million) a day in revenues as a result of the volcanic ash-linked disruption, according to the International Air Transport Association (IATA). IATA, the industry&#8217;s governing body has said. Said its members would also lose further money as a result of having to augment expensive contingency [...]]]></description>
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		<title>Unions set talks to avert national rail strike</title>
		<link>http://www.financial-news.org.uk/unions-set-talks-to-avert-national-rail-strike/</link>
		<comments>http://www.financial-news.org.uk/unions-set-talks-to-avert-national-rail-strike/#comments</comments>
		<pubDate>Mon, 22 Mar 2010 10:46:12 +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=1719</guid>
		<description><![CDATA[
Under threat of the first nationwide strike by signalmen in 16 years, Network Rail announced on Friday night that it would meet next week at conciliation service Acas to discuss two separate disputes with the Rail, Maritime and Transport Union (RMT) and the TSSA, which represents managerial grades. The RMT is already threatening to strike [...]]]></description>
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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>
				<category><![CDATA[Central banks]]></category>
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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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		<slash:comments>1</slash:comments>
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		<title>Britain forced to borrow more as tax revenue slumps.</title>
		<link>http://www.financial-news.org.uk/britain-forced-to-borrow-more-as-tax-revenue-slumps/</link>
		<comments>http://www.financial-news.org.uk/britain-forced-to-borrow-more-as-tax-revenue-slumps/#comments</comments>
		<pubDate>Thu, 23 Jul 2009 09:32:08 +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=1300</guid>
		<description><![CDATA[
One of the most painful aspects of the long drawn out economic slump is the effects that it has had on UK tax revenues. In June, Britain reported its highest budget deficit for a month for sixteen years, a massive 13 billion pounds, which was an increase of almost 50% from the same month in [...]]]></description>
		<wfw:commentRss>http://js-kit.com/rss/financial-news.org.uk/p=1300</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>
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