PRESS DIGEST- British Business - Dec 21
Dec 21 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
Shire Plc could sweeten a bid for Baxalta Inc , an American rival specialising in blood diseases, by offering 8 billion pounds ($11.92 billion) in cash as part of what was a 19 billion pounds ($28.32 billion) all-share bid. (thetim.es/1kbekDJ)
Ken Morrison, former chairman of Morrisons, has built a 6 million pounds ($8.94 million) stake in J Sainsbury Plc - and given Mike Coupe, its chief executive, his public backing. (thetim.es/1kbez1q)
British employers expect to keep hiring permanent staff in 2016 but are cautious about offering meaningful pay rises, according to a survey from employers' group Confederation of British Industry (CBI). (bit.ly/1kbeQBs) Continued...