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TikTok owner signs join venture agreements to avoid US ban
Posted onTikTok’s Chinese owner ByteDance has signed binding agreements with US and global investors for the majority of its business in America, TikTok’s boss told employees on Thursday. Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati investment firm MGX, according to a memo sent…
Why this month’s inflation figure matters for you
Posted onLucy HookerBusiness Reporter Getty Images The cost of living is always important to our finances, but this month what is happening to prices will have a particular extra impact for millions of people. The September inflation figure reflects what has been happening to prices over the past year, and will affect how far your money…
Blackpool Big Food Project foodbank ‘could close without support’
Posted onAn emergency food charity that sends meals to foodbanks across Blackpool has said it could face closure without support to keep its services running. The Big Food Project is a redistributor of surplus food from supermarkets and manufacturers to 125 foodbanks, schools, community kitchens, crisis services and families across Blackpool, Fylde and Wyre. It said…
