News - January 2009
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Tue Jan 20 - December inflation falls steeply"
LONDON (Reuters) - Pre-Christmas discounts and a cut in sales tax pushed inflation down by its biggest margin in almost 17 years last month, but the fall was less dramatic than analysts had forecast, official data showed on Tuesday.. more>

Tue Jan 20 - Sterling tumbles as bank costs rise
FT.com - Sterling plummeted against the dollar on Tuesday and hit a record low against the yen as investors resumed their flight from the UK currency in the wake of Monday’s bail-out for the banking industry. ”The claw of risk aversion has tightened its grip in the past 12 hours following the litany of gloomy news out of the UK and European banking sector on Monday,” said Sue Trinh at RBC Capital Markets.. more>

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