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<pubDate>Mon, 18 May 2009 10:29:52 GMT</pubDate>
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<title>Repossessions &amp;#145;won&amp;#146;t be as bad as 1990s&amp;#146;</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/may/repossessions-wont-be-as-bad-as-1990s.html</link>
<description>Head of City watchdog moves to allay fears of property market meltdown.
MORTGAGE arrears and repossessions could be at a lower level in this recession than in the 1990s slump, the City watchdog said last week, as lenders warned against tighter regulation. </description>
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<pubDate>Mon, 18 May 2009 10:28:00 GMT</pubDate>
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<title>DEBT-CANCELLING FIRMS HIT BY NEW LEGAL RULING</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/may/debt-cancelling-firms-hit-by-new-legal.html</link>
<description>CONSUMERS who were led to believe they could get their loan and credit card debts written off by claims management companies &amp;#151; in return for an upfront fee &amp;#151; may not get a single penny wiped off the sums they owe...</description>
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<pubDate>Wed, 13 May 2009 13:55:00 GMT</pubDate>
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<title>UK: Consumer Confidence Plummets, Says Nielsen / BRC Survey</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/may/uk-consumer-confidence-plummets-says.html</link>
<description>Consumer confidence in Britain has dived a further 9 points since last October, reports market research company Nielsen &amp; the British Retail Consortium (BRC)...</description>
<guid>94</guid>
<pubDate>Wed, 13 May 2009 9:46:00 GMT</pubDate>
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<title>The great rate rip off</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/march/the-great-rate-rip-off.html</link>
<description>Here's a funny thing. The Bank of England base rate has been falling over the past year or so, but interest rates on credit cards, loans and overdrafts have been rising...</description>
<guid>93</guid>
<pubDate>Thu, 5 Mar 2009 14:13:00 GMT</pubDate>
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<title>Bad debts rise threefold at Northern Rock</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/march/bad-debts-rise-threefold-at-northern.html</link>
<description>Northern Rock's bad debts jumped almost threefold last year as the slowing economy took its toll on the nationalised bank's controversial Together loans...</description>
<guid>92</guid>
<pubDate>Wed, 4 Mar 2009 12:34:00 GMT</pubDate>
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<title>EU pledges to support struggling euro-zone members</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/march/eu-pledges-to-support-struggling-euro.html</link>
<description>The European Union pledged on Tuesday to bail out any struggling member of the euro-zone before they turned to the International Monetary Fund...</description>
<guid>91</guid>
<pubDate>Tue, 3 Mar 2009 13:01:00 GMT</pubDate>
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<title>New 'Iron Curtain' will split EU's rich and poor</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/march/new-iron-curtain-will-split-eus-rich.html</link>
<description>Eastern European countries gave an apocalyptic warning yesterday of hordes of unemployed workers heading west as a new Iron Curtain divides rich from poor inside Europe...</description>
<guid>90</guid>
<pubDate>Mon, 2 Mar 2009 11:28:00 GMT</pubDate>
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<item>
<title>TOPWRAP 3-UK unveils bad debt plan, German unemployment up</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/february/topwrap-3-uk-unveils-bad-debt-plan.html</link>
<description>LONDON/BERLIN, Feb 26 (Reuters) - Britain launched a huge scheme on Thursday to insure 'toxic assets' that have brought many banks to their knees as Royal Bank of Scotland reported the biggest loss in British history...</description>
<guid>89</guid>
<pubDate>Fri, 27 Feb 2009 9:54:00 GMT</pubDate>
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<title>Northern Rock&amp;#146;s revival won&amp;#146;t kickstart the property market</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/february/northern-rocks-revival-wont-kickstart.html</link>
<description>The bank that was arguably once the country&amp;#146;s most reckless lender is back from the dead and being unleashed on the public once again...</description>
<guid>88</guid>
<pubDate>Wed, 25 Feb 2009 13:17:00 GMT</pubDate>
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<title>UK recession: how are the Coping Classes faring now?</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/february/uk-recession-how-are-the-coping-classes.html</link>
<description>A year ago, the Telegraph identified the 'Coping Classes': solid, responsible citizens beaten down by rising bills and taxation. But now things are much worse; they are battle-weary, broke and deeply disillusioned...</description>
<guid>87</guid>
<pubDate>Tue, 24 Feb 2009 9:55:00 GMT</pubDate>
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<item>
<title>Learn the right lessons from the Depression</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/february/learn-the-right-lessons-from-the.html</link>
<description>his crisis is not a total failure of world capitalism and nothing will be achieved by a retreat into narrow nationalism...</description>
<guid>86</guid>
<pubDate>Thu, 19 Feb 2009 14:06:00 GMT</pubDate>
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<title>The UK could end up with less loss of output than Germany or Japan</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/february/the-uk-could-end-up-with-less-loss-of.html</link>
<description>It is the sign of our recessionary age. BMW is sacking 850 workers at Cowley because of falling demand for the Mini. And Domino&amp;#146;s Pizza is taking on an extra 1,500 people because of rising demand for its meals...</description>
<guid>85</guid>
<pubDate>Wed, 18 Feb 2009 13:18:00 GMT</pubDate>
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<title>New fears on fate of economy</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/february/new-fears-on-fate-of-economy.html</link>
<description>The Bank of England&amp;#146;s Deputy Governor warned yesterday that the recession could be even worse than it suggested less than a week ago...</description>
<guid>84</guid>
<pubDate>Tue, 17 Feb 2009 13:15:00 GMT</pubDate>
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<title>UK's richest landowner hit by slump</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/february/uks-richest-landowner-hit-by-slump.html</link>
<description>Britain's wealthiest landowner, the Duke of Westminster, is in advanced talks with his bankers to prevent his £2bn property fund business breaching bank covenants...</description>
<guid>83</guid>
<pubDate>Mon, 16 Feb 2009 10:25:00 GMT</pubDate>
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<title>Fears grow for the implosion of the last and biggest bubble, the bond market</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/february/fears-grow-for-the-implosion-of-the.html</link>
<description>INTERNATIONAL. Many analysts are now predicting that the bond market is the last and most serious bubble which will burst shortly...</description>
<guid>82</guid>
<pubDate>Thu, 12 Feb 2009 11:20:00 GMT</pubDate>
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<title>UK debt is at 'time bomb' levels</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/february/uk-debt-is-at-time-bomb-levels.html</link>
<description>UK personal debt levels are a "time bomb" that pose a threat to millions of households, a report commissioned by the Conservative Party has found...</description>
<guid>81</guid>
<pubDate>Wed, 11 Feb 2009 12:20:00 GMT</pubDate>
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<title>Barclays warns of a 'brutal' economic slowdown</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/february/barclays-warns-of-a-brutal-economic.html</link>
<description>BARCLAYS warned of another tough year ahead as bad debts rise and the UK economy contracts.
The bank is forecasting that output will shrink by at least 2 per cent this year as the UK grapples with what it described as the "familiar but nonetheless pretty brutal" problems of recession...</description>
<guid>80</guid>
<pubDate>Tue, 10 Feb 2009 12:31:00 GMT</pubDate>
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<item>
<title>Our economy is being held to ransom by deflation fear</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/february/our-economy-is-being-held-to-ransom-by.html</link>
<description>The Bank of England has just cut interest rates to 1pc &amp;#150;another 315-year low. The UK's budget deficit is heading for 10pc of GDP and public sector borrowing will soon be at its highest since the war...</description>
<guid>79</guid>
<pubDate>Mon, 9 Feb 2009 9:58:00 GMT</pubDate>
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<item>
<title>Personal debt increased by £1million every 10 minutes in 2008</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2009/january/personal-debt-increased-by-1million.html</link>
<description>Britain&amp;#146;s debt increased by £1million every 10 minutes in 2008...</description>
<guid>78</guid>
<pubDate>Mon, 5 Jan 2009 12:41:00 GMT</pubDate>
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<item>
<title>Credit card debt a threat for future</title>
<link>http://www.debtfreeme-uk-debtline.co.uk/news/2008/december/credit-card-debt-a-threat-for-future.html</link>
<description>Forget the sub-prime mortgage crunch, it's Britain's mountain of credit card debt we should be worried about...</description>
<guid>77</guid>
<pubDate>Mon, 1 Dec 2008 13:04:00 GMT</pubDate>
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