Soaring house prices in 2020 likely to slow this year, says Halifax

“With the pace of the UK’s economic recovery expected to be constrained by the renewed national lockdown, and unemployment widely predicted to rise in the coming months, downward pressure on house prices remains likely as we move through 2021,” said Russell Galley, managing director at the Halifax.

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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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