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The UK’s former cyber security chief has raised the alarm over the sale of a Welsh microchip manufacturer to a Chinese-backed company.

Ciaran Martin, the former chief executive of the National Cyber Security Centre (NCSC), said the purchase of Newport Wafer Fab by Nexperia, a Dutch subsidiary of the Chinese company Wingtech, poses a greater threat to British interests than Huawei’s involvement in the 5G network.

Boris Johnson has asked national security adviser Sir Stephen Lovegrove to look at the deal, worth a reported £63m, while MPs have called on ministers to intervene.

But, Charles Smit, a board member and general counsel at Nexperia, told the BBC earlier this week: “We’re not owned by the Chinese state, the Chinese state is not involved in Wingtech.”

Sky News has contacted Nexperia for comment.

Mr Martin, who was chief executive of the NCSC until last August, described the future of microchip supply as a “first order strategic issue” for the government to get a handle on.

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He was part of the NCSC when it altered its security assessment of equipment manufactured by Huawei, with the firm eventually excluded from the UK’s rollout of 5G on security grounds.

“Huawei in the periphery of 5G only really mattered because the Trump administration became obsessed with it for reasons they never convincingly set out,” Mr Martin told The Daily Telegraph.

“By contrast the future of semiconductor supply is a first order strategic issue. It goes to the heart of how we should be dealing with China.”

His comments come after the Commons Foreign Affairs Committee called for tougher action to stop strategically important companies being sold overseas.

The cross-party group of MPs said the UK’s “sovereignty should not be for sale” and called for the takeover of Newport Wafer Fab to be formally called in for review.

“Appropriate mitigation measures” should be introduced by ministers, they also said.

“Our fiercest competitors, notably China, have a track record of using foreign investments to gain access to important technologies and information,” committee chairman and Conservative MP Tom Tugendhat said when the report was released.

“We’ve witnessed too many of our country’s brilliant tech firms disappear abroad with potentially significant economic and foreign policy implications.”

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Sue Gray to miss first key summit in new role

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Sue Gray to miss first key summit in new role

Sue Gray will not attend the prime minister’s council of nations and regions on Friday despite her new title as a special envoy.

Sir Keir Starmer will meet with leaders of the devolved nations for a summit that will focus on spreading investment and growth across all parts of the UK.

Ms Gray, who resigned following a bitter power struggle in Number 10, was appointed as Sir Keir’s envoy for the nations and regions after Morgan McSweeney, the party’s former campaign director, replaced her in the role.

In her advisory role Ms Gray will support Sir Keir and the cabinet in delivering on its devolution agenda.

However, it is understood that despite her remit as the nations and regions envoy, she will not attend the special summit in Scotland because she is taking a short break between roles.

The absence of Ms Gray at the summit rounds off a tumultuous week for the former partygate investigator who resigned as Downing Street chief of staff after just three months.

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Ms Gray said that while it had been “an honour to take on the role of chief of staff”, it had become clear that “intense commentary around my position risked becoming a distraction to the government’s vital work of change”.

“It is for that reason I have chosen to stand aside, and I look forward to continuing to support the prime minister in my new role.”

Ms Gray’s resignation follows weeks of speculation about her role and reports of a power struggle at the heart of government.

Tensions over Ms Gray’s role reached a crescendo when her salary of £170,000 – £3,000 more than the prime minister – was leaked to the BBC in an apparent attempt to damage her politically.

The broadcaster also reported more junior staff were disgruntled they were not being paid more than what they received when Labour was in opposition – despite now occupying more senior government roles.

Alongside Mr McSweeney’s appointment as chief of staff – a role he previously held when the party was in opposition – Sir Keir also announced a shake-up of his entire Downing Street operation following disquiet at how the party handled rows over freebies and donations, as well as its decision to axe winter fuel payments for most pensioners.

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Vidhya Alakeson and Jill Cuthbertson have been promoted to deputy chiefs of staff, while Nin Pandit has been appointed as Sir Keir’s principal private secretary.

Meanwhile, former journalist James Lyons will join from TikTok to lead a new strategic communications team.

The prime minister said he was “really pleased to be able to bring in such talented and experienced individuals into my team”.

“This shows my absolute determination to deliver the change the country voted for,” he added.

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Plus Token’s $1.3B ETH could be sold, ‘Crypto King’ arrested: Asia Express

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Plus Token’s .3B ETH could be sold, ‘Crypto King’ arrested: Asia Express

New analysis suggests $1.3B of ETH from Plus Token Ponzi could be headed to exchanges; Upbit monopoly sparks bank run fears. Asia Express.

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African nation of Eswatini releases design for tokenized retail CBDC

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African nation of Eswatini releases design for tokenized retail CBDC

The tiny kingdom, formerly known as Swaziland, is looking at better domestic accessibility and cross-border trade with a proposed CBDC.

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