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    <title>Mail.com: Ed Balls</title>
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      <title>UK credit downgrade provokes call for change</title>
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      <description>LONDON (AP) — The man in charge in Britain's economy says he won't change direction despite a rating agency's decision to downgrade the nation's credit rating and he spurned renewed calls from the opposition for more stimulus for a flat-lining economy. 
                   Treasury chief George Osborne declared that the action by Moody's Investors Service redoubled his commit...</description>
      <pubDate>Sat, 23 Feb 2013 10:26:41 GMT</pubDate>
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      <title>UK Treasury chief juggles budget as outlook dims</title>
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      <description>LONDON (AP) — Britain's Treasury chief George Osborne said Wednesday that the recovery of the U.K. economy is taking longer than he had hoped and warned more spending cuts will be needed to get public finances under control. 
                   With official growth forecasts cut, Osborne had little room for maneuver but said he was trimming departmental spending to generate ...</description>
      <pubDate>Wed, 05 Dec 2012 21:29:00 GMT</pubDate>
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      <title>From Canada, a tough economist for Bank of England</title>
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      <description>TORONTO (AP) — Naming the first foreigner to serve as governor of the Bank of England since it was founded in 1694 might have been expected to cause a fuss. Yet the appointment of Canadian Mark Carney has won bipartisan praise in Britain. 
                   That's because few people in the world have Carney's qualifications. The Bank of Canada governor is a highly-educated ...</description>
      <pubDate>Wed, 28 Nov 2012 05:17:00 GMT</pubDate>
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      <title>UK picks Canadian to lead Bank of England</title>
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      <description>LONDON (AP) — The British government has chosen Mark Carney, a Canadian, to become governor of the Bank of England, the first time a foreigner has been tapped for the position since the central bank was founded in 1694. 
                   Treasury chief George Osborne announced the surprise choice to the House of Commons on Monday, saying Carney — who is currently the head ...</description>
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