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    <language>en-GB</language>
    <lastBuildDate>Thu, 8 January 2009 00:00:00 UTC</lastBuildDate>

    <item>
      <title>UK cuts rates to 315-year low to boost lending</title>
      <description>The Bank of England on Thursday urged the Treasury to hasten plans to ease the flow of credit to companies, as it cut official interest rates to a 315-year low of 1.5 per cent. War...</description>
      <link>http://www.wolseysecurities.com/news.php?id=585</link>
      <pubDate>Thu, 8 January 2009 00:00:00 UTC</pubDate>
    </item>

    <item>
      <title>Chancellor promises to act on mortgage lending</title>
      <description>The chancellor Alistair Darling has used today’s (November 24) pre-budget report to reiterate the government’s determination to help potential home buyers access mortgages, saying ...</description>
      <link>http://www.wolseysecurities.com/news.php?id=584</link>
      <pubDate>Thu, 27 November 2008 00:00:00 UTC</pubDate>
    </item>

    <item>
      <title>Long term strategy called for, not a temporary stimulus</title>
      <description>“The Pre-Budget Report will provide the Chancellor with an ideal opportunity to set the UK’s economy back on track. However, any measures must be part of a long term strategy not a...</description>
      <link>http://www.wolseysecurities.com/news.php?id=583</link>
      <pubDate>Wed, 19 November 2008 00:00:00 UTC</pubDate>
    </item>

    <item>
      <title>Industry demands banks pass on interest rate cut</title>
      <description>Pundits in the housing and mortgage markets have welcomed yesterday's decision by the Bank of England to cut the interest rate by 1.5%, but they say its vital that banks pass it on...</description>
      <link>http://www.wolseysecurities.com/news.php?id=581</link>
      <pubDate>Fri, 7 November 2008 00:00:00 UTC</pubDate>
    </item>

    <item>
      <title>Lenders resisting pressure on cuts</title>
      <description>Mortgage lenders tried to defend their decision to withhold the Bank of England's 1.5 percentage point interest rate cut from borrowers yesterday, in the teeth of a public and poli...</description>
      <link>http://www.wolseysecurities.com/news.php?id=582</link>
      <pubDate>Fri, 7 November 2008 00:00:00 UTC</pubDate>
    </item>

    <item>
      <title>At last an attempt at leadership</title>
      <description>Mike Ratcliffe, commenting on the MPC’s decision to cut the interest rate by 1.5%: “Today's dynamic decision can only be interpreted as a clear signal of the Government intention t...</description>
      <link>http://www.wolseysecurities.com/news.php?id=579</link>
      <pubDate>Thu, 6 November 2008 00:00:00 UTC</pubDate>
    </item>

    <item>
      <title>A decade of profits could be wiped off housebuilding sector</title>
      <description>The drop in property prices could wipe off more than a decade’s worth of housebuilding profits as developers prepare for further land writedowns, according to reports. The Financia...</description>
      <link>http://www.wolseysecurities.com/news.php?id=577</link>
      <pubDate>Tue, 4 November 2008 00:00:00 UTC</pubDate>
    </item>

    <item>
      <title>Margaret Beckett appointed housing minister</title>
      <description>Former deputy leader of the Labour Party, Margaret Beckett is to replace Caroline Flint as housing minister. The former deputy leader of the Labour Party is the third housing minis...</description>
      <link>http://www.wolseysecurities.com/news.php?id=576</link>
      <pubDate>Sun, 12 October 2008 23:00:00 UTC</pubDate>
    </item>

    <item>
      <title>Firm Leadership, but could have been bolder</title>
      <description>“The announcement of a half a percentage point cut in the base rate combined with the Government’s £50billion rescue package, demonstrates that finally the Government and Bank of E...</description>
      <link>http://www.wolseysecurities.com/news.php?id=575</link>
      <pubDate>Wed, 8 October 2008 23:00:00 UTC</pubDate>
    </item>

    <item>
      <title>"While government tinkers around the edges, the industry is having the heart ripped out of it"</title>
      <description>The package of measures announced by the government to boost the housing market has been given at best a lukewarm reaction by an industry reeling under the ongoing effects of the c...</description>
      <link>http://www.wolseysecurities.com/news.php?id=574</link>
      <pubDate>Fri, 3 October 2008 23:00:00 UTC</pubDate>
    </item>

    <item>
      <title>Stamp duty cut welcomed but housebuilders need clarity over co-funded loans</title>
      <description>“Wolsey welcomes Darling’s announcement today to scrap stamp duty for properties under £175,000 for 12 months as it creates a ‘holiday’ period and therefore some urgency in buyers’...</description>
      <link>http://www.wolseysecurities.com/news.php?id=572</link>
      <pubDate>Mon, 1 September 2008 23:00:00 UTC</pubDate>
    </item>

    <item>
      <title>Stamp duty change heads housing package</title>
      <description>The government has announced today (September 2) that for one year, stamp duty tax will not apply to properties worth £175,000 or less. The Treasury stated that "this will provide ...</description>
      <link>http://www.wolseysecurities.com/news.php?id=573</link>
      <pubDate>Mon, 1 September 2008 23:00:00 UTC</pubDate>
    </item>

    <item>
      <title>RICS call for support measures</title>
      <description>The Royal Institution of Chartered Surveyors, representing the hard-pressed housing sector, set out a 15-point plan of fiscal and regulatory measures.... Among proposals are a shor...</description>
      <link>http://www.wolseysecurities.com/news.php?id=570</link>
      <pubDate>Sun, 31 August 2008 23:00:00 UTC</pubDate>
    </item>

    <item>
      <title>Housing transactions 'set to fall 60% below 1990s levels'</title>
      <description>Housing transactions in the UK are set to fall 60% below the worst period of the early 1990s when the UK was last in recession, according to research out today. Based on figures of...</description>
      <link>http://www.wolseysecurities.com/news.php?id=567</link>
      <pubDate>Wed, 20 August 2008 23:00:00 UTC</pubDate>
    </item>

    <item>
      <title>More calls for Government intervention</title>
      <description>Wolsey Securities has called for the Government to take action or face the consequences. Wolsey believes that while the Government continues to flounder on the sidelines, activity ...</description>
      <link>http://www.wolseysecurities.com/news.php?id=568</link>
      <pubDate>Wed, 20 August 2008 23:00:00 UTC</pubDate>
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