March 29, 2018 / 12:18 AM / a year ago

PRESS DIGEST- British Business - March 29

March 29 (Reuters) - 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

- Potential bidders for the drug company Shire Plc could be flushed out after a Takeda, a Japan-based pharmaceutical company, revealed that it was weighing up a takeover.

- GKN Plc is hatching plans to sell 90 percent of its 10 billion pounds ($14.08 billion) empire, according to the final attack on the company by Melrose, which has been waging a near three-month takeover attack on the FTSE 100 engineering group.

The Guardian

- British businesses have been warned to brace for a workforce crisis triggered by Brexit, with the number of workers entering employment expected to fall behind the rate of population growth for the first time in half a century, according to employment consultant Mercer.

- Rakesh Kapoor, chief executive of Reckitt Benckiser Group Plc, has had his pay slashed by 11 million pounds – but will still pocket 12.5 million pounds in salary and bonuses.

The Telegraph

- Airbus SE has issued a warning about the dangers of Britain being pushed out of pan-European space and defence projects despite UK quitting the EU.

- CME Group is expected to seal a 3.8 billion pounds takeover of Britain's NEX Group Plc as soon as Thursday.

Sky News

- The Bank of England has reassured European banks operating in UK that they will have more time to prepare for Brexit now that the UK and Europe have agreed a transition period.

- The owner of Bargain Booze is on the brink of administration, putting 2,600 jobs at risk, after it failed to raise 125 million pounds from an emergency cash call.

The Independent

- Three-time Grand Slam champion Andy Murray has injected cash into a UK tech startup Landbay and has proposed future investment in a second fintech company.

- Ikea has revealed a gender pay gap of 6.9 percent in its retail business, a significantly smaller difference than UK average. ($1 = 0.7105 pounds) (Compiled by Bengaluru newsroom; editing by Diane Craft)

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