This function converts HTML entities and character references to ordinary characters.

From:

import re, htmlentitydefs

##
# Removes HTML or XML character references and entities from a text string.
#
# @param text The HTML (or XML) source text.
# @return The plain text, as a Unicode string, if necessary.

def unescape(text):
def fixup(m):
text = m.group(0)
if text[:2] == "&#":
# character reference
try:
if text[:3] == "&#x":
return unichr(int(text[3:-1], 16))
else:
return unichr(int(text[2:-1]))
except ValueError:
pass
else:
# named entity
try:
text = unichr(htmlentitydefs.name2codepoint[text[1:-1]])
except KeyError:
pass
return text # leave as is
return re.sub("&#?\w+;", fixup, text)