Employment: Demand for UK workers ‘picks up’ in December

But those figures pre-date the November and January national lockdowns in England – and unemployment is excepted to continue to rise, peaking at a rate of 9.7%, according to the Office for Budgetary Responsibility, the government’s independent forecaster.

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Russia on brink of default as debt deadline looms

"They have not got it," says Jay Auslander, a US lawyer who has worked on many government debt cases. "And the overwhelming probability is they're not going to get it."If this money has not arrived within 30 days of the due date, that is, Sunday evening, that will...

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Toyota recalls electric cars over concerns about loose wheels

Another Japanese car manufacturer, Subaru also said it was recalling 2,600 units of the Solterra, its first all-electric car jointly developed with Toyota, because of concerns over loose bolts. The firm did not immediately respond to a request for comment from the BBC.

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