PRESS DIGEST- British Business - Dec 21

Sun Dec 20, 2015 7:55pm EST
 
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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.

The Times

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)

The Guardian

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...