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Bridgepoint builds £600m new home for Miller

ByNathan BissittJuly 21, 2017

Miller Homes, one of the housebuilders taken over by its lenders during the financial crisis, is closing in on a sale valuing it at more than £600m. Sky News has learnt that Bridgepoint, the private equity group which owns sandwich chain Pret A Manger, is in advanced

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Audi offers diesel emissions upgrade for 850,000 cars

ByNathan BissittJuly 21, 2017

German carmaker Audi is offering a free software upgrade for 850,000 diesel cars in order to improve emissions.Audi said the upgrade would “improve emissions behaviour in real driving conditions further beyond existing legal requirements”.The carmaker

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Farm subsidies 'must be earned', Michael Gove will say

ByNathan BissittJuly 21, 2017

Farm subsidies will have to be earned rather than just handed out in future, the Environment Secretary Michael Gove is expected to say in a speech later.Farmers will get only get payouts if they agree to protect the environment and enhance rural life, he will say.The

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N Korea economy grows at fastest rate in 17 years

ByNathan BissittJuly 21, 2017

North Korea’s economy accelerated at its fastest pace in 17 years, despite sanctions over its nuclear and missile programs. Gross domestic product grew by 3.9% in 2016 compared with the previous year, according to the Bank of Korea. The growth stemmed largely

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UK air traffic controllers warn of over-crowded skies

ByNathan BissittJuly 21, 2017

Air traffic controllers are warning that UK skies are running out of room amid a record number of flights.Friday is likely to be the busiest day of the year, with air traffic controllers expecting to handle more than 8,800 flights – a record number.They have

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Weak pound drives tourist spending 'surge'

ByNathan BissittJuly 21, 2017

An 18% surge in the amount of money spent by overseas tourists in the UK last month is being credited to the collapse in the value of the pound since the Brexit vote. Worldpay, the country’s biggest payments processor, said it had tracked spending on cards of

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New agreement will allow US rice exports to China

ByNathan BissittJuly 21, 2017

China has agreed to allow imports of rice from the US for the first time. The agreement gives US farmers access to the world’s biggest rice consumer, with China importing about 5 million tonnes last year.It follows trade talks between the two countries that

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Brexit transition deal: 'The sooner the better' says Goldman exec

ByNathan BissittJuly 20, 2017

[unable to retrieve full-text content]The government should agree a Brexit transitional deal as soon as possible, Goldman Sachs International boss Richard Gnodde tells the BBC’s Simon Jack. Source: BBC News

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Microsoft profits jump on cloud strength

ByNathan BissittJuly 20, 2017

Microsoft quarterly profits nearly doubled to $5.3bn, after growth from its cloud computing business.The firm said the figures showed its focus on cloud computing – software, storage and other services connected over the internet – was working.However,

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How the Frisbee flying disc became a million dollar idea

ByNathan BissittJuly 20, 2017

People have been throwing Frisbees around for half a century or more. Over 200 million have been sold around the world. But how did this flying disc get its strange name? That dates back to an age where people got their fun tossing metal trays to and fro. The