PRESS DIGEST- British Business - June 30
June 30 - 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.
ABBVIE ON SHIRE COURTSHIP TRIP TO LONDON
The boss of US drug-maker AbbVie Inc is flying into London this week to court Shire's shareholders and try to convince them of the merits of a potential takeover.
INDEPENDENT SCOTLAND RISKS BEING DESTABILISED BY BANKS
An independent Scotland would be even more exposed to its banking sector than Iceland was at the height of the financial crisis if the country's biggest institutions remained there.
ADDISON LEE OWNER FLAGS SALE
The American backer of Addison Lee, the London minicab firm, is to explore a possible sale of the firm just over a year after taking control.
LABOUR OFFERS OLIVE BRANCH TO BUSINESS BY TARGETING TAX AND INVESTMENT
Ed Balls is to launch a bid to bolster Labour's credibility with business by promising to keep a low rate of corporation tax and attract long-term investors to Britain, as he brushed off criticism from the policy chief Jon Cruddas that a "profound dead hand" within the party is blocking bold reforms.
HOPES RAISED THAT TAKEOVER WILL SAVE MILFORD HAVEN OIL REFINERY JOBS
Hundreds of workers at the Milford Haven oil refinery in south-west Wales are awaiting confirmation that their jobs have been saved after weekend reports that a deal to sell the plant was close.
OSBORNE'S GRAND PLAN TO JOIN UP INCOME TAX AND NATIONAL INSURANCE
Income tax and national insurance will be merged under plans being lined up as a key element of the next Conservative manifesto.
(Compiled by Esha Vaish in Bangalore; editing by Matthew Lewis)
Trending On Reuters
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video