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Press Digest: British Business - April 13

April 13 (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

- British drugmaker GSK GSK.L said its experimental targeted gynaecological cancer drug Mo-rez has blockbuster potential and the company hopes to fast-track it to the market within the next few years.

- OpenAI has secured its first permanent London office, signalling plans to more than double its UK workforce just days after the ChatGPT developer pulled out of a major data centre project in Britain.

The Guardian

- The U.S. state of Texas is putting UK businesses in its crosshairs with the launch this month of a dedicated London office to lure jobs and investment to the low-tax Lone Star State.

The Telegraph

- Richard Caring has struck a 1.4 billion pound ($1.87 billion) deal to sell majority stake in his Ivy restaurant empire to DIAFA, an Abu Dhabi-based luxury and hospitality investor.

Sky News

- Burger King's UK business has landed a 60 million pound financing deal with a pair of lenders as it progresses the opening of dozens of new restaurants despite headwinds facing Britain's hospitality sector.

($1 = 0.7470 pounds)

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))

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