News Headlines - 17 January 2012

▽UK inflation slows to 4.2% - Financial Times
The 4.2 per cent annual rise in the consumer price index – from 4.8 per cent the previous month and 5.2 per cent in September – was widely expected and reflected heavy discounting on the high street and lower fuel prices.
Most economists expect Britain’s annual inflation rate to continue to decline this year. Many hope this will loosen the squeeze on households’ budgets and encourage them to spend more.

▽Which? Urges Action On Complex Overdraft Fees - Sky News
The consumer watchdog Which? has called for action on "virtually impossible to calculate" overdraft charges, after a study revealed that even consumers with a PhD can struggle to decipher bank fee structures.

▽RBS Sells Aviation Business to Sumitomo Mitsui for $7.3 Billion - BusinessWeek
Royal Bank of Scotland Group Plc is selling its aviation leasing unit to Sumitomo Mitsui Financial Group Inc. for about $7.3 billion, the biggest disposal by the state-owned lender since its U.K.-government bailout in 2008.

▽Lost Charles Darwin fossils rediscovered in cabinet - BBC
The fossils, lost for some 165 years, were found by chance in the vaults of the British Geological Survey HQ near Keyworth, UK.
They have now been photographed and are available to the public through a new online museum exhibit released today.

▽Wikipedia joins web blackout in Sopa Act protest - BBC
Wikipedia plans to take its English-language site offline on Wednesday as part of protests against proposed anti-piracy laws in the US.







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