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<title><![CDATA[Yahoo! Finance : Economic News]]></title>
<link>http://uk.biz.yahoo.com/news/mkt/economic_news.html</link>
<description><![CDATA[Economic News]]></description>
<language>en</language>
<lastBuildDate>Wed, 09 Jul 2008 01:01:45 GMT</lastBuildDate>
<item>
<title><![CDATA[M&S's Rose faces stormy showdown with shareholders]]></title>
<description><![CDATA[Reuters - Marks and Spencer boss Stuart Rose, lauded for reviving the landmark retailer just a year ago, is battling to save his job after bungled management changes and a big profit warning.]]></description>
<link>http://uk.biz.yahoo.com/09072008/325/m-amp-s-s-rose-faces-stormy-showdown-shareholders.html</link>
<guid>http://uk.biz.yahoo.com/09072008/325/m-amp-s-s-rose-faces-stormy-showdown-shareholders.html</guid>
<pubDate>Wed, 09 Jul 2008 01:01:45 GMT</pubDate>
</item>
<item>
<title><![CDATA[House prices fell in May, government says]]></title>
<description><![CDATA[ShareCast - The average price of a house in the UK slipped to £218,151 in May from £218,875 in April, new data from the government shows.]]></description>
<link>http://uk.biz.yahoo.com/080708/214/i2x09.html</link>
<guid>http://uk.biz.yahoo.com/080708/214/i2x09.html</guid>
<pubDate>Tue, 08 Jul 2008 14:30:00 GMT</pubDate>
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<item>
<title><![CDATA[Recession talk grows but Bank fixed on inflation]]></title>
<description><![CDATA[Reuters - Businesses delivered fresh evidence on Tuesday that the economy risks sliding into its first recession since the early 1990s, reporting a sharply deteriorating climate across the country.]]></description>
<link>http://uk.biz.yahoo.com/08072008/325/recession-talk-grows-bank-fixed-inflation.html</link>
<guid>http://uk.biz.yahoo.com/08072008/325/recession-talk-grows-bank-fixed-inflation.html</guid>
<pubDate>Tue, 08 Jul 2008 14:17:37 GMT</pubDate>
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<item>
<title><![CDATA[World stocks at 21-month low]]></title>
<description><![CDATA[Reuters - Fresh credit fears swept global financial markets on Tuesday, pushing world stocks to their lowest levels since October 2006 as concerns intensified that the financial sector would have to raise more capital.]]></description>
<link>http://uk.biz.yahoo.com/08072008/325/world-stocks-21-month-low.html</link>
<guid>http://uk.biz.yahoo.com/08072008/325/world-stocks-21-month-low.html</guid>
<pubDate>Tue, 08 Jul 2008 14:02:49 GMT</pubDate>
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<item>
<title><![CDATA[Britain heading for recession says BCC]]></title>
<description><![CDATA[ShareCast - Britain's economic situation is "grim" and "ominous" according to the British Chambers of Commerce, with its latest survey indicating a sharp downturn in confidence among its members.]]></description>
<link>http://uk.biz.yahoo.com/080708/214/i2wvr.html</link>
<guid>http://uk.biz.yahoo.com/080708/214/i2wvr.html</guid>
<pubDate>Tue, 08 Jul 2008 13:25:00 GMT</pubDate>
</item>
<item>
<title><![CDATA[Firms' cashflow weakest in 16 years]]></title>
<description><![CDATA[Reuters - Firms faced their worst cashflow situation in the second quarter since comparable records began in 1992 as sales in the domestic market fell, but price pressures remained very strong, a survey showed on Tuesday.]]></description>
<link>http://uk.biz.yahoo.com/08072008/325/firms-cashflow-weakest-16-years.html</link>
<guid>http://uk.biz.yahoo.com/08072008/325/firms-cashflow-weakest-16-years.html</guid>
<pubDate>Tue, 08 Jul 2008 12:41:47 GMT</pubDate>
</item>
<item>
<title><![CDATA[Philip Green says has not bought M&S shares]]></title>
<description><![CDATA[Reuters - Retail tycoon Philip Green said on Tuesday he had not bought any shares in Marks and Spencer , following market speculation he might renew his interest in the clothing, homewares and food group.]]></description>
<link>http://uk.biz.yahoo.com/08072008/325/philip-green-says-bought-m-amp-s-shares.html</link>
<guid>http://uk.biz.yahoo.com/08072008/325/philip-green-says-bought-m-amp-s-shares.html</guid>
<pubDate>Tue, 08 Jul 2008 12:17:42 GMT</pubDate>
</item>
<item>
<title><![CDATA[House price growth slows in May]]></title>
<description><![CDATA[Reuters - House price growth slowed further in May, government figures showed on Tuesday, reinforcing widespread evidence that a sharp housing market downturn is underway.]]></description>
<link>http://uk.biz.yahoo.com/08072008/325/house-price-growth-slows.html</link>
<guid>http://uk.biz.yahoo.com/08072008/325/house-price-growth-slows.html</guid>
<pubDate>Tue, 08 Jul 2008 10:51:51 GMT</pubDate>
</item>
<item>
<title><![CDATA[M&S rises on possible bid interest]]></title>
<description><![CDATA[Reuters - Shares in Marks & Spencer (M&S) gained over 2 percent on Tuesday, as traders cited market talk of possible bid interest in the retailer.]]></description>
<link>http://uk.biz.yahoo.com/08072008/325/m-amp-s-rises-possible-bid-interest.html</link>
<guid>http://uk.biz.yahoo.com/08072008/325/m-amp-s-rises-possible-bid-interest.html</guid>
<pubDate>Tue, 08 Jul 2008 10:38:59 GMT</pubDate>
</item>
<item>
<title><![CDATA[Dunelm says trade getting worse]]></title>
<description><![CDATA[Reuters - Home furnishings retailer Dunelm Group said business was getting tougher and predicted worse to come, as cash-strapped shoppers cut back on spending amid rising costs and a falling housing market.]]></description>
<link>http://uk.biz.yahoo.com/08072008/325/dunelm-says-trade-worse.html</link>
<guid>http://uk.biz.yahoo.com/08072008/325/dunelm-says-trade-worse.html</guid>
<pubDate>Tue, 08 Jul 2008 10:21:36 GMT</pubDate>
</item>
<item>
<title><![CDATA[House prices up 3.7 percent in May]]></title>
<description><![CDATA[Reuters - House prices rose 3.7 percent on a year ago in May, after a 4.9 percent rise in April, government figures showed on Tuesday.]]></description>
<link>http://uk.biz.yahoo.com/08072008/325/house-prices-3-7-percent.html</link>
<guid>http://uk.biz.yahoo.com/08072008/325/house-prices-3-7-percent.html</guid>
<pubDate>Tue, 08 Jul 2008 09:47:08 GMT</pubDate>
</item>
<item>
<title><![CDATA[BCC warns Britain is heading for recession]]></title>
<description><![CDATA[ShareCast - Britain's economic situation is "grim and ominous" according to the British Chambers of Commerce, with the latest survey indicating a sharp downturn in confidence among its members.]]></description>
<link>http://uk.biz.yahoo.com/080708/214/i2wlo.html</link>
<guid>http://uk.biz.yahoo.com/080708/214/i2wlo.html</guid>
<pubDate>Tue, 08 Jul 2008 09:42:00 GMT</pubDate>
</item>
<item>
<title><![CDATA[Dunelm forth-quarter underlying sales fall]]></title>
<description><![CDATA[Reuters - Homewares retailer Dunelm reported a 2.4 percent fall in fourth-quarter underlying sales on Tuesday and said it was assuming trading would get tougher.]]></description>
<link>http://uk.biz.yahoo.com/08072008/325/dunelm-forth-quarter-underlying-sales-fall.html</link>
<guid>http://uk.biz.yahoo.com/08072008/325/dunelm-forth-quarter-underlying-sales-fall.html</guid>
<pubDate>Tue, 08 Jul 2008 07:43:13 GMT</pubDate>
</item>
<item>
<title><![CDATA[G8 wants broad U.N. deal to halve emissions: draft]]></title>
<description><![CDATA[Reuters - The G8 rich countries want to work with the nearly 200 states involved in U.N. climate change talks to adopt a goal of at least halving greenhouse gas emissions by 2050, a draft communique showed.]]></description>
<link>http://uk.biz.yahoo.com/08072008/325/g8-wants-broad-u-n-deal-halve-emissions-draft.html</link>
<guid>http://uk.biz.yahoo.com/08072008/325/g8-wants-broad-u-n-deal-halve-emissions-draft.html</guid>
<pubDate>Tue, 08 Jul 2008 07:11:09 GMT</pubDate>
</item>
<item>
<title><![CDATA[Obama and McCain square off over economy]]></title>
<description><![CDATA[Reuters - Presidential rivals Barack Obama and John McCain clashed over how to boost the ailing U.S. economy on Monday, with Obama pushing for a new stimulus package to help homeowners and McCain pressing for low income taxes and incentives for small business.]]></description>
<link>http://uk.biz.yahoo.com/07072008/325/obama-mccain-square-economy.html</link>
<guid>http://uk.biz.yahoo.com/07072008/325/obama-mccain-square-economy.html</guid>
<pubDate>Mon, 07 Jul 2008 23:27:07 GMT</pubDate>
</item>
<item>
<title><![CDATA[Recession fears grow on factory output data]]></title>
<description><![CDATA[Reuters - Industrial output fell at its sharpest pace in 2-1/2 years in May, official data showed on Monday, raising fears that economic growth is freezing up.]]></description>
<link>http://uk.biz.yahoo.com/07072008/325/recession-fears-grow-factory-output-data.html</link>
<guid>http://uk.biz.yahoo.com/07072008/325/recession-fears-grow-factory-output-data.html</guid>
<pubDate>Mon, 07 Jul 2008 14:52:33 GMT</pubDate>
</item>
<item>
<title><![CDATA[Economy grew by 0.2 percent]]></title>
<description><![CDATA[Reuters - The economy grew by 0.2 percent in the three months to June, the National Institute of Economic and Social Research said on Monday.]]></description>
<link>http://uk.biz.yahoo.com/07072008/325/economy-grew-0-2-percent.html</link>
<guid>http://uk.biz.yahoo.com/07072008/325/economy-grew-0-2-percent.html</guid>
<pubDate>Mon, 07 Jul 2008 14:25:48 GMT</pubDate>
</item>
<item>
<title><![CDATA[Job market weakens in June]]></title>
<description><![CDATA[Reuters - The number of people placed in permanent jobs fell again in June while vacancies for full-time staff dropped for the first time in five years, a report showed on Monday.]]></description>
<link>http://uk.biz.yahoo.com/07072008/325/job-market-weakens-june.html</link>
<guid>http://uk.biz.yahoo.com/07072008/325/job-market-weakens-june.html</guid>
<pubDate>Mon, 07 Jul 2008 12:44:34 GMT</pubDate>
</item>
<item>
<title><![CDATA[Big fall in UK industrial output]]></title>
<description><![CDATA[ShareCast - Industrial production fell far more than expected in May, leaving the year on year figure down by the most since the end of 2005, new data revealed Monday.]]></description>
<link>http://uk.biz.yahoo.com/080707/214/i2v9v.html</link>
<guid>http://uk.biz.yahoo.com/080707/214/i2v9v.html</guid>
<pubDate>Mon, 07 Jul 2008 11:44:00 GMT</pubDate>
</item>
<item>
<title><![CDATA[Michael Page profits up]]></title>
<description><![CDATA[Reuters - Recruitment company Michael Page Intl reported better than expected second quarter profits but said uncertainty in the UK economy would continue to hit growth as the slowdown in financial sector recruiting continues.]]></description>
<link>http://uk.biz.yahoo.com/07072008/325/michael-page-profits.html</link>
<guid>http://uk.biz.yahoo.com/07072008/325/michael-page-profits.html</guid>
<pubDate>Mon, 07 Jul 2008 11:42:15 GMT</pubDate>
</item>
<item>
<title><![CDATA[Industrial production weakens in May]]></title>
<description><![CDATA[Reuters - Industrial output fell much more than expected in May, official data showed on Monday, raising the possibility that economic growth came to a near standstill in the second quarter.]]></description>
<link>http://uk.biz.yahoo.com/07072008/325/industrial-production-weakens.html</link>
<guid>http://uk.biz.yahoo.com/07072008/325/industrial-production-weakens.html</guid>
<pubDate>Mon, 07 Jul 2008 10:05:11 GMT</pubDate>
</item>
<item>
<title><![CDATA[Malaysia asks Interpol help to find missing detective]]></title>
<description><![CDATA[Reuters - Malaysian police on Sunday issued an international alert for a missing private eye after he made, and abruptly retracted, allegations about the deputy prime minister's links to a high-profile murder case.]]></description>
<link>http://uk.biz.yahoo.com/06072008/325/malaysia-asks-interpol-help-find-missing-detective.html</link>
<guid>http://uk.biz.yahoo.com/06072008/325/malaysia-asks-interpol-help-find-missing-detective.html</guid>
<pubDate>Sun, 06 Jul 2008 17:39:20 GMT</pubDate>
</item>
<item>
<title><![CDATA[M&S's Rose faces shareholder revolt]]></title>
<description><![CDATA[Reuters - Marks and Spencer Chairman Stuart Rose is set to face a revolt from up to one third of its shareholders at its annual meeting on Wednesday, the Sunday Times said, citing sources.]]></description>
<link>http://uk.biz.yahoo.com/06072008/325/m-amp-s-s-rose-faces-shareholder-revolt.html</link>
<guid>http://uk.biz.yahoo.com/06072008/325/m-amp-s-s-rose-faces-shareholder-revolt.html</guid>
<pubDate>Sun, 06 Jul 2008 13:10:53 GMT</pubDate>
</item>
<item>
<title><![CDATA[M&S's Rose set for showdown]]></title>
<description><![CDATA[Reuters - Marks and Spencer boss Stuart Rose, lauded for reviving the landmark retailer just a year ago, is battling to save his job after a big profit warning and bungled management changes.]]></description>
<link>http://uk.biz.yahoo.com/06072008/325/m-amp-s-s-rose-set-showdown.html</link>
<guid>http://uk.biz.yahoo.com/06072008/325/m-amp-s-s-rose-set-showdown.html</guid>
<pubDate>Sun, 06 Jul 2008 12:10:51 GMT</pubDate>
</item>
<item>
<title><![CDATA[Hyundai cuts and Kia lifts domestic sales target]]></title>
<description><![CDATA[Reuters - Hyundai Motor Co , South Korea's top auto maker, said on Sunday it had cut its local sales target for this year by 6 percent as record-breaking oil prices are hitting consumer sentiment in Asia's fourth-largest economy.]]></description>
<link>http://uk.biz.yahoo.com/06072008/325/hyundai-cuts-kia-lifts-domestic-sales-target.html</link>
<guid>http://uk.biz.yahoo.com/06072008/325/hyundai-cuts-kia-lifts-domestic-sales-target.html</guid>
<pubDate>Sun, 06 Jul 2008 06:37:20 GMT</pubDate>
</item>
<item>
<title><![CDATA[Detective missing after U-turn on Malaysian leader]]></title>
<description><![CDATA[Reuters - A Malaysian detective has gone missing after retracting allegations he made linking Deputy Prime Minister Najib Razak to the brutal murder of a Mongolian woman, police said on Saturday.]]></description>
<link>http://uk.biz.yahoo.com/05072008/325/detective-missing-u-turn-malaysian-leader.html</link>
<guid>http://uk.biz.yahoo.com/05072008/325/detective-missing-u-turn-malaysian-leader.html</guid>
<pubDate>Sat, 05 Jul 2008 19:59:23 GMT</pubDate>
</item>
<item>
<title><![CDATA[What the Bank has to weigh up next week]]></title>
<description><![CDATA[Reuters - The Bank of England looks set to hold interest rates steady for the third month running next week as policymakers seem trapped between high inflation on one side and sharply slowing growth on the other.]]></description>
<link>http://uk.biz.yahoo.com/05072008/325/bank-weigh-next-week.html</link>
<guid>http://uk.biz.yahoo.com/05072008/325/bank-weigh-next-week.html</guid>
<pubDate>Sat, 05 Jul 2008 17:42:29 GMT</pubDate>
</item>
<item>
<title><![CDATA[IEA reported seeing oil easing and then tightening to 2013]]></title>
<description><![CDATA[Reuters - The situation on the oil market is likely to ease in 2009/2010 as more production comes on-stream, then tighten again through 2013 as output falls and demand rises, the head of the International Energy Agency said.]]></description>
<link>http://uk.biz.yahoo.com/05072008/325/iea-reported-seeing-oil-easing-tightening-2013.html</link>
<guid>http://uk.biz.yahoo.com/05072008/325/iea-reported-seeing-oil-easing-tightening-2013.html</guid>
<pubDate>Sat, 05 Jul 2008 15:38:09 GMT</pubDate>
</item>
<item>
<title><![CDATA[Brown says G8 must not give up on climate change]]></title>
<description><![CDATA[Reuters - Prime Minister Gordon Brown has warned the G8 against a retreat into isolationism, saying the looming threat to the global economy instead required a speeding up of the fight against climate change and poverty.]]></description>
<link>http://uk.biz.yahoo.com/05072008/325/brown-says-g8-must-give-climate-change.html</link>
<guid>http://uk.biz.yahoo.com/05072008/325/brown-says-g8-must-give-climate-change.html</guid>
<pubDate>Sat, 05 Jul 2008 06:55:12 GMT</pubDate>
</item>
<item>
<title><![CDATA[World stocks slip again]]></title>
<description><![CDATA[Reuters - World stocks slipped back towards this week's five-month low on Friday as steadying oil prices failed to erase concerns about slowing economic growth and rising inflation, and as banking stocks came under renewed pressure.]]></description>
<link>http://uk.biz.yahoo.com/04072008/325/world-stocks-slip.html</link>
<guid>http://uk.biz.yahoo.com/04072008/325/world-stocks-slip.html</guid>
<pubDate>Fri, 04 Jul 2008 12:53:26 GMT</pubDate>
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