PRESS DIGEST-British Business - March 11

March 11 (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

Britain's Alliance Pharma ALAPH.L said it has agreed to a sweetened final cash proposal from asset management firm DBAY Advisors, valuing the healthcare group at about 362 million pounds ($466.62 million).

Smith & Nephew SN.L chief executive Deepak Nath's total pay rose by two thirds to $7.8 million from $4.7 million in 2023.

The Guardian

A tanker carrying jet fuel for the U.S. military was hit by a container ship off northeast England on Monday, triggering explosions and a rescue operation for the 37 mariners on board the vessels.

Lloyd's of London expects losses of $2.3 billion from the California wildfires that ravaged Los Angeles this year.

The Telegraph

The Marmite and mayonnaise maker Unilever ULVR.L announced plans to spend heavily on social media stars in the coming years to help sell its products as its new chief executive claimed customers are "suspicious" about traditional advertising.

NHS England and the Department of Health said it will cut the number of central, office-based jobs by 50%, as part of an overhaul by Wes Streeting.

Sky News

Verisure, a provider of domestic alarm systems, is leaning towards a 20 billion-euro ($21.70 billion) flotation in Amsterdam.

British households living near new pylons will benefit from discounts to their energy bills, as the government seeks to win support for the infrastructure required to add new clean power sources to the grid

($1 = 0.7758 pounds)

($1 = 0.9216 euros)