<?xml version="1.0" encoding="ISO-8859-1" ?><?xml-stylesheet title="XSL_formatting" type="text/xsl" href="/shared/bsp/xsl/rss/nolsol.xsl"?><rss version="2.0" xmlns:media="http://search.yahoo.com/mrss"><channel><title>BBC News | Business | Economy | World Edition</title><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/economy/default.stm</link><description>The latest Economy News from the BBC: breaking news on the global and UK economy and international investments including audio and video coverage.</description><language>en-gb</language><lastBuildDate>Wed, 15 Jul 2009 10:32:57 GMT</lastBuildDate><copyright>Copyright: (C) British Broadcasting Corporation, see http://news.bbc.co.uk/2/hi/help/rss/4498287.stm for terms and conditions of reuse</copyright><docs>http://www.bbc.co.uk/syndication/</docs><ttl>15</ttl><image><title>BBC News</title><url>http://news.bbc.co.uk/nol/shared/img/bbc_news_120x60.gif</url><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/economy/default.stm</link></image><item><title>Record rise in UK jobless total</title><description>UK unemployment rose by a record 281,000 to 2.38 million, in the three months to May, official figures show.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8151017.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8151017.stm</guid><pubDate>Wed, 15 Jul 2009 10:05:09 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/45765000/jpg/_45765828_007207052-1.jpg"/></item><item><title>China's foreign reserves top $2tn</title><description>China's foreign exchange reserves, the world's largest, have surpassed $2 trillion, the country's central bank says.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8151223.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8151223.stm</guid><pubDate>Wed, 15 Jul 2009 09:12:37 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/44820000/jpg/_44820205_0e947afa-1fa2-4550-9e5a-a5f00f313296.jpg"/></item><item><title>UK job cuts affect 'two in three'</title><description>Almost 70% of people across the UK know someone who has lost their job in the recession, a BBC survey finds.
</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8144841.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8144841.stm</guid><pubDate>Tue, 14 Jul 2009 23:12:19 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46057000/jpg/_46057708_jobcentrescreen.jpg"/></item><item><title>European car sales 'recovering'</title><description>Sales of new cars in Europe rose for the first time in 14 months in June, buoyed by a number of  scrappage schemes.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8151240.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8151240.stm</guid><pubDate>Wed, 15 Jul 2009 08:56:27 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46059000/jpg/_46059937_006956683-1.jpg"/></item><item><title>Japan economic outlook downgraded</title><description>Japan's central bank downgrades its economic forecast, but says the worst of the country's recession is now over.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8151038.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8151038.stm</guid><pubDate>Wed, 15 Jul 2009 09:04:56 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46059000/jpg/_46059429_007501888-1.jpg"/></item><item><title>OECD sees hard times for Russia</title><description>The global economic crisis has put a sudden end to the strong recovery of the Russian economy, says the Organisation for Economic Co-operation and Development.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8151271.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8151271.stm</guid><pubDate>Wed, 15 Jul 2009 10:30:16 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46060000/jpg/_46060038_000185753-1.jpg"/></item><item><title>Government maps low-carbon road</title><description>Ministers are publishing plans for a low-carbon future, which they say can help the economy while tackling climate change.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/science/nature/8150919.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/sci/tech/8150919.stm</guid><pubDate>Wed, 15 Jul 2009 10:06:27 GMT</pubDate><category>Science &amp; Environment</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46059000/jpg/_46059182_electriccarap226i.jpg"/></item><item><title>UK inflation dips to 1.8% in June</title><description>Inflation falls to an annual rate to 1.8% - the first time it has dipped below the government target of 2% since 2007. </description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8149227.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8149227.stm</guid><pubDate>Tue, 14 Jul 2009 10:11:06 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/45594000/jpg/_45594579_005745391-1.jpg"/></item><item><title>US retail sales up again in June</title><description>US retail sales rose in June for the second consecutive month, increasing 0.6%, official figures show.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8150161.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8150161.stm</guid><pubDate>Tue, 14 Jul 2009 14:34:16 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46056000/jpg/_46056149_006027075-1.jpg"/></item><item><title>German investor confidence falls</title><description>Confidence among German analysts and investors falls for the first time since October 2008, a survey suggests.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8149560.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8149560.stm</guid><pubDate>Tue, 14 Jul 2009 10:28:19 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/44070000/jpg/_44070341_ger-trader66.jpg"/></item><item><title>Geithner upbeat on economy</title><description>The US Treasury Secretary reiterates his view that the global economy is now recovering, but continued support is needed.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8149905.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8149905.stm</guid><pubDate>Tue, 14 Jul 2009 12:05:47 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46055000/jpg/_46055478_007641187-1.jpg"/></item><item><title>Rise in eurozone factory output</title><description>Eurozone industrial output rose in May from April, the first month-on-month increase since August last year, figures show.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8149493.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8149493.stm</guid><pubDate>Tue, 14 Jul 2009 10:13:55 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46053000/jpg/_46053918_007425872-1.jpg"/></item><item><title>Sunshine takes heat off retailers</title><description>UK retail sales rose by 1.4% in June, largely thanks to the early summer heatwave driving demand for food. </description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8147991.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8147991.stm</guid><pubDate>Mon, 13 Jul 2009 23:02:47 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46051000/jpg/_46051420_004447868-2.jpg"/></item><item><title>Singapore's economy recovers</title><description>Singapore is emerging from recession after its economy expanded at an annualised rate of 20.4% between April and June.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8149069.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8149069.stm</guid><pubDate>Tue, 14 Jul 2009 07:27:41 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/45226000/jpg/_45226563_6f3523c0-2330-4a77-9020-4ada06368464.jpg"/></item><item><title>Pension fund deficit rises again</title><description>The deficit of UK defined benefit pension funds rose again in June, according to the Pension Protection Fund.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8150300.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8150300.stm</guid><pubDate>Tue, 14 Jul 2009 14:46:42 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46056000/jpg/_46056638_006748633-1.jpg"/></item><item><title>Economy 'to hit house prices' </title><description>The sluggish UK economy is likely to mean house prices will not see a "meaningful" recovery for some time,   surveys suggest.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8148528.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8148528.stm</guid><pubDate>Tue, 14 Jul 2009 10:03:30 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/45887000/jpg/_45887510_forsalepix027.jpg"/></item><item><title>Think tank warns on UK finances</title><description>Tax rises and spending cuts will be needed to plug the gap in the UK's public finances, an economic think tank warns.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8147099.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8147099.stm</guid><pubDate>Mon, 13 Jul 2009 06:29:42 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/45513000/jpg/_45513965_000238526-1.jpg"/></item><item><title>'Challenge' to sell bank stakes</title><description>The firm managing taxpayers' stakes in RBS and Lloyds  - now worth &#163;65bn - says it will take time to get the money back. </description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8147172.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8147172.stm</guid><pubDate>Mon, 13 Jul 2009 16:06:55 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/45513000/jpg/_45513370_rbs-5.jpg"/></item><item><title>US budget deficit at $1 trillion</title><description>The US budget deficit has moved above $1tn  for the first time, nine months into the financial year, official data shows. </description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8148875.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8148875.stm</guid><pubDate>Mon, 13 Jul 2009 19:48:27 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/45354000/jpg/_45354164_006644473-1.jpg"/></item><item><title>Japan consumer confidence rises</title><description>Japanese consumer confidence improved in June in a sign that the country's economy may be recovering, official figures show.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8147335.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8147335.stm</guid><pubDate>Mon, 13 Jul 2009 09:19:44 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46048000/jpg/_46048341_007353493-1.jpg"/></item><item><title>Geithner urges derivatives curbs</title><description>US Treasury Secretary Timothy Geithner wants to see tighter control over the trading of complex financial derivatives.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8144578.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8144578.stm</guid><pubDate>Fri, 10 Jul 2009 14:15:10 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/45942000/jpg/_45942802_geithner_ap.jpg"/></item><item><title>US trade gap lowest in nine years</title><description>The US saw its deficit narrow to $26bn in May, its lowest level in more than nine years, government figures show.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8145636.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8145636.stm</guid><pubDate>Fri, 10 Jul 2009 22:32:35 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/45212000/jpg/_45212796_dollars66.jpg"/></item><item><title>Factory gate prices in steep fall</title><description>The cost of goods leaving UK factories falls at the fastest annual rate for eight years as demand remains weak.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8144030.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8144030.stm</guid><pubDate>Fri, 10 Jul 2009 10:02:59 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46038000/jpg/_46038844_006832326-1.jpg"/></item><item><title>Canada jobless less than thought</title><description>Canada's jobless was less than expected in June, but the unemployment rate hit an 11-year high of 8.6%, data shows.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8145608.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8145608.stm</guid><pubDate>Fri, 10 Jul 2009 21:34:39 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/45853000/jpg/_45853215_canada3_cangov.jpg"/></item><item><title>G8 pledges to boost food supplies</title><description>Leaders of G8 nations agree a $20bn effort to boost agriculture in the developing world at their summit in Italy.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/europe/8143566.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/world/europe/8143566.stm</guid><pubDate>Fri, 10 Jul 2009 14:39:37 GMT</pubDate><category>Europe</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46040000/jpg/_46040635_001884343-1.jpg"/></item><item><title>Man cleared of using Twitter to cause a financial panic</title><description>An appeals court in Guatemala City says there is not enough evidence to try a man accused of using micro-blog Twitter to cause a financial panic.</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8143806.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8143806.stm</guid><pubDate>Fri, 10 Jul 2009 08:45:42 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/45889000/jpg/_45889061_-5.jpg"/></item><item><title>Mood map</title><description>How are you being affected by the UK recession?</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/talking_point/8150086.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/talking_point/8150086.stm</guid><pubDate>Tue, 14 Jul 2009 17:23:39 GMT</pubDate><category>Have Your Say</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46059000/gif/_46059339_ukrecession_bbc.gif"/></item><item><title>Stephanomics</title><description>Is deflation the real enemy for the Bank to worry about?</description><link>http://www.bbc.co.uk/go/rss/-/blogs/thereporters/stephanieflanders/</link><guid isPermaLink="false">http://www.bbc.co.uk/blogs/thereporters/stephanieflanders/</guid><pubDate>Tue, 14 Jul 2009 10:44:18 GMT</pubDate><category>Business</category></item><item><title>City diaries</title><description>Should the public sector share the pain of the private? </description><link>http://news.bbc.co.uk/go/rss/-/2/hi/talking_point/8148289.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/talking_point/8148289.stm</guid><pubDate>Tue, 14 Jul 2009 09:50:12 GMT</pubDate><category>Have Your Say</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46052000/jpg/_46052625_germanstockbrokerap.jpg"/></item><item><title>Money spinner</title><description>Bank of England man takes policy to real world</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8150204.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8150204.stm</guid><pubDate>Tue, 14 Jul 2009 18:34:37 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46056000/jpg/_46056522_bean001_bbc_66pic.jpg"/></item><item><title>Grain drain</title><description>Thailand's rice policy puts farmers in poverty</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8130187.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8130187.stm</guid><pubDate>Tue, 14 Jul 2009 16:41:21 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46053000/jpg/_46053116_46000307.jpg"/></item><item><title>Global shift</title><description>Has the G8 done enough to reverse Africa's decline?</description><link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8144205.stm</link><guid isPermaLink="false">http://news.bbc.co.uk/1/hi/business/8144205.stm</guid><pubDate>Fri, 10 Jul 2009 12:51:24 GMT</pubDate><category>Business</category><media:thumbnail width="66" height="49" url="http://newsimg.bbc.co.uk/media/images/46039000/jpg/_46039511_003182121-1.jpg"/></item></channel></rss>