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<pubDate>Wed, 17 Feb 2010 13:40:18 GMT</pubDate>
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<title>Credit card interest rates 'at new high'</title>
<link>http://www.debtfreeme.info/news/2010/february/credit-card-interest-rates-at-new-high.html</link>
<description>Interest rates on credit cards are at their highest level for 12 years, according to research by Moneyfacts...</description>
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<pubDate>Wed, 17 Feb 2010 13:32:00 GMT</pubDate>
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<title>Credit card bad debt write-offs double</title>
<link>http://www.debtfreeme.info/news/2010/february/credit-card-bad-debt-write-offs-double.html</link>
<description>There has been a huge rise in the amount of money that banks are writing off as bad debts on their credit cards...</description>
<guid>146</guid>
<pubDate>Wed, 17 Feb 2010 13:24:00 GMT</pubDate>
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<title>UK consumer credit at record low, mortgage deals up</title>
<link>http://www.debtfreeme.info/news/2009/september/uk-consumer-credit-at-record-low.html</link>
<description>Net lending to Britons in July fell at its sharpest pace since records began in 1993, even as the number of mortgages approved rose to its highest since April 2008, Bank of England figures showed on Tuesday.</description>
<guid>145</guid>
<pubDate>Tue, 1 Sep 2009 11:12:00 GMT</pubDate>
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<title>Britain is sleepwalking towards a decade of economic misery</title>
<link>http://www.debtfreeme.info/news/2009/august/britain-is-sleepwalking-towards-a.html</link>
<description>Despite the hype about recovery, there is no real evidence that the recession is over, says Liam Halligan.</description>
<guid>144</guid>
<pubDate>Wed, 26 Aug 2009 10:11:00 GMT</pubDate>
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<title>UK debt rises _213 a head in a month as economists say tax rises of _20bn a year necessary</title>
<link>http://www.debtfreeme.info/news/2009/august/uk-debt-rises-213-a-head-in-a-month-as.html</link>
<description>The crisis in Britain's public finances has seen the national debt rise by _213 for every man, woman and child in only a month, official figures reveal. </description>
<guid>142</guid>
<pubDate>Mon, 17 Aug 2009 13:40:00 GMT</pubDate>
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<title>Public Sector Borrowing Hit _13bn In June</title>
<link>http://www.debtfreeme.info/news/2009/july/public-sector-borrowing-hit-13bn-in.html</link>
<description>Public sector net borrowing soared to _13bn in June compared with _7.5bn a year earlier. The rise takes Britain's net debt to its highest proportion of UK output since records began.</description>
<guid>140</guid>
<pubDate>Tue, 21 Jul 2009 10:50:00 GMT</pubDate>
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<title>Lloyds set to write off _13 billion debt</title>
<link>http://www.debtfreeme.info/news/2009/july/lloyds-set-to-write-off-13-billion-debt.html</link>
<description>LLOYDS Banking Group is set to reveal up to _13 billion of write offs on bad debts when it publishes results for the first six months of the year.
The part-nationalised group is expected to take the huge hit on commercial property, business and mortgage loans, when it unveils its results in August.</description>
<guid>139</guid>
<pubDate>Mon, 13 Jul 2009 14:25:00 GMT</pubDate>
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<title>Lenders repossess homes for credit card debt</title>
<link>http://www.debtfreeme.info/news/2009/june/lenders-repossess-homes-for-credit-card.html</link>
<description>Borrowers' homes at risk as lenders demand to secure debt against properties...</description>
<guid>138</guid>
<pubDate>Mon, 29 Jun 2009 13:34:00 GMT</pubDate>
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<title>Anger mounts over _9.6m pay deal for RBS boss</title>
<link>http://www.debtfreeme.info/news/2009/june/anger-mounts-over-96m-pay-deal-for-rbs.html</link>
<description>Unions and investor groups reacted with fury to the news that Royal Bank of Scotland has awarded Stephen Hester, the chief executive of the group that is majority owned by the taxpayer, a _9.6 million pay package. </description>
<guid>137</guid>
<pubDate>Tue, 23 Jun 2009 11:17:00 GMT</pubDate>
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<title>The US and UK need more stimulus</title>
<link>http://www.debtfreeme.info/news/2009/may/the-us-and-uk-need-more-stimulus.html</link>
<description>Increasing debt is not the problem. If anything, the US and UK have enacted fiscal stimulus packages that are much too small</description>
<guid>136</guid>
<pubDate>Fri, 29 May 2009 13:07:00 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.info/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>
<guid>134</guid>
<pubDate>Mon, 18 May 2009 10:15:00 GMT</pubDate>
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<title>DEBT-CANCELLING FIRMS HIT BY NEW LEGAL RULING</title>
<link>http://www.debtfreeme.info/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>
<guid>133</guid>
<pubDate>Wed, 13 May 2009 13:47:00 GMT</pubDate>
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<title>UK: Consumer Confidence Plummets, Says Nielsen / BRC Survey</title>
<link>http://www.debtfreeme.info/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>132</guid>
<pubDate>Wed, 13 May 2009 9:35:00 GMT</pubDate>
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<title>Barclays master of its destiny as John Varley&amp;#146;s gamble pays off</title>
<link>http://www.debtfreeme.info/news/2009/march/barclays-master-of-its-destiny-as-john.html</link>
<description>Bank will only take part in the Government&amp;#146;s toxic debt insurance scheme if the price is right, writes Philip Aldrick...</description>
<guid>131</guid>
<pubDate>Mon, 30 Mar 2009 12:14:00 GMT</pubDate>
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<title>Battle for vacancies as jobless total to hit 2 million</title>
<link>http://www.debtfreeme.info/news/2009/march/battle-for-vacancies-as-jobless-total.html</link>
<description>More than 10 applicants are chasing every JobCentre vacancy in Scotland, according to trade union research which shreds government claims that there is still plenty of work available in the economy...</description>
<guid>130</guid>
<pubDate>Tue, 17 Mar 2009 12:49:00 GMT</pubDate>
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<title>Extra &amp;#145;cash&amp;#146; in economy will have little effect on individual</title>
<link>http://www.debtfreeme.info/news/2009/march/extra-cash-in-economy-will-have-little.html</link>
<description>MPC given authority to spend up to _150bn on high-quality debt...</description>
<guid>129</guid>
<pubDate>Mon, 16 Mar 2009 13:58:00 GMT</pubDate>
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<title>House prices 'could fall by further 55 per cent'</title>
<link>http://www.debtfreeme.info/news/2009/march/house-prices-could-fall-by-further-55.html</link>
<description>House prices may fall by a further 55 percent and there is a "very real probability" that Britain will be bankrupted, a leading investment bank has warned in a private note to clients...</description>
<guid>128</guid>
<pubDate>Thu, 12 Mar 2009 13:50:00 GMT</pubDate>
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<title>Tiscali fights for life after UK sale collapse</title>
<link>http://www.debtfreeme.info/news/2009/march/tiscali-fights-for-life-after-uk-sale.html</link>
<description>Tiscali, Britain's fifth-biggest internet provider, is fighting for survival after asking its banks to suspend its loan repayments...</description>
<guid>127</guid>
<pubDate>Tue, 10 Mar 2009 11:55:00 GMT</pubDate>
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<title>Printing money: an easy guide to quantitative easing</title>
<link>http://www.debtfreeme.info/news/2009/march/printing-money-an-easy-guide-to.html</link>
<description>Interest rates are now as close as they can get to zero without causing malfunctions in the financial system...</description>
<guid>126</guid>
<pubDate>Mon, 9 Mar 2009 11:43:00 GMT</pubDate>
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<title>The great rate rip off</title>
<link>http://www.debtfreeme.info/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>125</guid>
<pubDate>Thu, 5 Mar 2009 14:03:00 GMT</pubDate>
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