TikTok creating more than 500 new British jobs as UK users top 30 million
The social media giant, which is owned by China-based ByteDance, has been under scrutiny from regulators around the world over how it handles personal data, and is also facing a ban in the United States over its China links, which the US government has said is a national security issue.
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Western Telegraph
an hour ago
- Western Telegraph
Building materials firm Lords Group buys rival CMO in rescue deal
London-listed firm Lords said it acquired the 'trade and assets' of CMO for around £1.8 million as part of a pre-pack administration. The deal will secure the future of around 120 workers at Plymouth-based CMO, who will join the wider Lords group. CMO, which was founded in 2008 as Construction Materials Online, sells more than 140,000 products to trade professionals and households through a raft of specialist superstore-branded company was listed on London's AIM junior stock market until February, when it delisted in order to help preserve funds. The firms highlighted that the deal will not include the Tiles business previously owned by CMO. Dean Murray, chief executive of CMO, said: 'The acquisition marks a new and exciting chapter for CMO. 'We have built a strong, digitally-led business over the past 15 years, and in Lords, we have found a partner that not only understands our model but shares our ambition. 'I am incredibly proud of what the CMO team has achieved and excited about what is next.' Shanker Patel, chief executive of Lords, said: 'We are delighted to welcome CMO into the Lords family. 'CMO brings a well-established digital platform, strong customer reach, and a specialist product-led approach that complements our own. 'This partnership allows us to blend traditional merchanting strengths with cutting-edge digital capabilities. 'We are also mindful of the impact of the pre-pack administration process on affected parties and are committed to conducting the transition with respect.'
North Wales Chronicle
an hour ago
- North Wales Chronicle
Claire Hughes MP was gifted ticket to the BAFTA Games Awards
Ms Hughes, who was elected last July, has declared the ticket on her register of financial interests. This states that, on April 8, the UK Interactive Entertainment Association Ltd gifted the ticket, valued at £700, which she accepted the same day. The BAFTA Games Awards, which were this year held on April 8 and hosted by comedian Phil Wang, celebrates achievements in the video game industry in the last 12 months. Ms Hughes' Labour colleague, Warrington North MP Charlotte Nichols, was also gifted hospitality at the event, also worth £700. Ms Nichols stated in her own register of financial interests that this was 'in my capacity as chair of the All-Party Parliamentary Group (APPG) on video games and e-sports". Ms Hughes is not a member of this APPG. All of the other items on Ms Hughes' register of financial interests date back to last year. These include a £10,000 donation from Labour Together Ltd, which was 'to support campaign activities leading up to the general election'. Ms Hughes was approached for further comment by the Pioneer. She posted on her Facebook page this afternoon: "Wales is starting to become a significant player in the global gaming landscape. But I want North Wales to have a much bigger slice of the pie. "At the start of Easter recess, I attended the BAFTA Games Awards celebrating the best of the UK games industry with UK Interactive Entertainment. "I'm not a gamer myself. As someone who previously worked in the sector, though, I recognise the massive value of the sector and opportunity for growth; the video games sector is bigger than the music and film sectors combined, contributing almost £7bn a year to UK GVA. "Recent growth in video games in Wales is thanks partly to support from Welsh Government including the Games Scale Up Fund for Wales, which last week announced a total of £850,000 funding support for Wales-based developers via Creative Wales. "But with the creative industries highlighted as one of the key growth areas in the UK Government's upcoming Industrial Strategy, we could be doing much more to encourage young people to consider a career in immersive entertainment, and to support up-and-coming businesses to thrive. "We have brilliant opportunities for people to gain the skills to build a career in the industry in our area - Coleg Llandrillo have long offered highly respected courses in 3D arts and games development, and the recent investment in a state-of-the-art new campus in Bangor makes it clear the Welsh Government is serious about putting pounds behind promises. "I hope that in future years, we will see games made in Wales featured at the gaming BAFTAs. More than that, though - I want more young people in Bangor Aberconwy knowing that a career in video games is up for grabs. "I'll be doing more on this over the summer, including workshops for school-leavers and an industry roundtable. If this is something you're interested in being part of, get in touch."
Daily Mirror
2 hours ago
- Daily Mirror
Nigel Farage accused of 'selling fairy dust' over unfunded steelworks plan
Reform leader Nigel Farage said he wants to reopen the Port Talbot steelworks in Wales, but is under pressure to say how he would achieve it after failing to give answers today Nigel Farage has been accused of "selling fairy dust" after saying he wants to reopen Port Talbot's blast furnaces without a plan to pay for it. The Reform leader announced his desire with a wave of fanfare - but was unable to say how he would achieve it. Mr Farage admitted he would need the help of central government and private businesses, and conceded it would cost billions of pounds. During a press conference in Wales he was confronted with claims the furnaces are "beyond recovery", with the cost of building a brand new steelworks costing around £3billion Floundering Mr Farage said: "Nothing is impossible, but it might be difficult, it might be easier to build a new one." He said it was an "ambition" to reopen the blast furnaces, which closed last year as operator Tata moves to a greener electric arc. The Indian-based company said it was losing £1million a day in Port Talbot. The Reform leader has set his sights on winning control of the Welsh Parliament, the Senedd. Following his press conference, a spokesman for the Community Union said: 'We will always support credible policies that create more well-paid jobs in the steel sector, but our steel communities deserve better than to be used as a political football. If Reform have serious plans for the future of our steel sector in Wales, they should set them out in full.' And Labour MP Stephen Kinnock, whose Aberafan Maesteg constituency includes Port Talbot, said Mr Farage was pitching "an operation that no one with any proper knowledge of steelmaking thinks is credible". Mr Kinnock went on: "Farage is a dyed-in-the-wool Thatcherite cosplaying as a socialist. It has been a really challenging time for our community. Politicians should focus on what we can achieve through Labour's £2.5bn Steel Fund - not insulting our intelligence by selling snake oil & fairy dust." A Labour Party spokesman said: ' Nigel Farage is all talk, no plan, and would risk chaos, cuts and decline for Britain. 'He admitted today that it is a 'massive expensive job to reopen blast furnaces' costing 'in the low billions', without offering any explanation for how he would pay for it. Reform UK is just not serious." At his press conference Mr Farage acknowledged it would cost "in the low billions" to repopen the blast furnances, and said "private business partners" would have to be brought in. "Reopening a blast furnace is not an easy thing," he admitted. Darren Millar, leader of the Welsh Conservatives' Senedd group, said: "Nigel Farage's empty and uncosted promises are nothing more than a mirage. The people of Port Talbot won't be taken for fools." And Heledd Fychan, of Plaid Cymru, said: "Today, Reform have shown us what they offer Wales, empty headlines and nonsensical policies. Farage has parachuted himself into a community recently devastated by UK government inaction, and is taking advantage of the loss by claiming to reopen the blast furnaces, something the industry have already told us is impossible."
