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PRESS DIGEST-British Business - May 14

May 14 (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

- Anglo American rejected a raised takeover offer of 34 billion pounds ($42.67 billion) from BHP Group on Monday, saying the world's largest listed miner "continues to significantly undervalue" the company.

- JPMorgan Chase has pledged a further 40 million pounds ($50.22 million) in philanthropic investments in the UK over five years in a sign of its increasing focus on Britain.

The Guardian

- Former UK chancellor Nadhim Zahawi is to become the chair of Very Group, the online retailer owned by the billionaire Barclay family, days after announcing that he would step down as a Conservative MP at the next general election.

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The Telegraph

- Astrazeneca and GSK pledged 430 million pounds ($539.87 million) of investment in France after a charm offensive by Emmanuel Macron.

Sky News

- Ultimate Performance, an upmarket health and fitness platform, has struck a deal to fuel its expansion by selling a stake to Inflexion, the private equity firm.

- British union Unite members at the Dounreay plant in the Scottish Highlands plan to take 24-hour strike action on Wednesday after rejecting a revised pay offer from their employer Nuclear Restoration Services (NRS). ($1 = 0.7965 pounds) (Compiled by Bengaluru newsroom)