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	<title>Moneyizor &#187; Bank of England</title>
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		<title>UK economy struggles in adverse climate</title>
		<link>http://www.moneyizor.com/2009/07/02/uk-economy-struggles-in-adverse-climate/</link>
		<comments>http://www.moneyizor.com/2009/07/02/uk-economy-struggles-in-adverse-climate/#comments</comments>
		<pubDate>Thu, 02 Jul 2009 14:59:13 +0000</pubDate>
		<dc:creator>John Evans</dc:creator>
				<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[UK Economy]]></category>

		<guid isPermaLink="false">http://www.moneyizor.com/?p=60</guid>
		<description><![CDATA[New figures show that the UK economy shrank by 2.4pc in the first quarter of this year. This is a revised number down from the 1.9pc previously reported. It shows that the UK is in a much worse downturn than many expected and so-called green shoots of recovery are isolated statistical blips. Many forecasters are [...]]]></description>
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		<title>Bank of England Governor suggests more bank nationalization</title>
		<link>http://www.moneyizor.com/2009/05/14/bank-of-england-governor-suggests-more-bank-nationalization/</link>
		<comments>http://www.moneyizor.com/2009/05/14/bank-of-england-governor-suggests-more-bank-nationalization/#comments</comments>
		<pubDate>Thu, 14 May 2009 14:29:53 +0000</pubDate>
		<dc:creator>John Evans</dc:creator>
				<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[Mervyn King]]></category>
		<category><![CDATA[Money]]></category>
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		<description><![CDATA[Mervyn King, Governor of the Bank of England has suggested more British banks may have to be nationalized in order to get them lending normally again. The alternative is many years of sub-trend growth. Here&#8217;s the statement: &#8220;The measures taken over the past six months were designed to stabilise the banking system and prevent failure. [...]]]></description>
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		<title>Bank of England to buy government debt</title>
		<link>http://www.moneyizor.com/2009/02/16/bank-of-england-to-buy-government-debt/</link>
		<comments>http://www.moneyizor.com/2009/02/16/bank-of-england-to-buy-government-debt/#comments</comments>
		<pubDate>Mon, 16 Feb 2009 16:48:50 +0000</pubDate>
		<dc:creator>John Evans</dc:creator>
				<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[Charles Bean]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Deflation]]></category>
		<category><![CDATA[Financial Markets]]></category>
		<category><![CDATA[Great Depression 2.0]]></category>
		<category><![CDATA[Recession]]></category>

		<guid isPermaLink="false">http://www.moneyizor.com/?p=46</guid>
		<description><![CDATA[Bank of England Deputy Governor, Charles Bean, indicated today that the Bank is moving relentlessly towards the most controversial form of &#8220;printing money&#8221;, buying gilts, or Treasury bonds. He spoke in the context of a further adjustment on the downside for GDP this year. The previous forecast was -4 percent. That now has a 75 [...]]]></description>
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		<title>IMF gives dark report on major economies</title>
		<link>http://www.moneyizor.com/2009/01/28/imf-gives-dark-report-on-major-economies/</link>
		<comments>http://www.moneyizor.com/2009/01/28/imf-gives-dark-report-on-major-economies/#comments</comments>
		<pubDate>Wed, 28 Jan 2009 17:53:02 +0000</pubDate>
		<dc:creator>John Evans</dc:creator>
				<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Eurozone]]></category>
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		<guid isPermaLink="false">http://www.moneyizor.com/?p=45</guid>
		<description><![CDATA[The International Monetary Fund, as predicted, is now forecasting that British gross domestic product will contract 2.8pc this year, worse than the U.S., the eurozone and Japan. Last year we reported here on the first use of the &#8220;T&#8221; word (trillion) for losses across the banking sector. Now we&#8217;re into the &#8220;2T&#8221; word, a graphic [...]]]></description>
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