Low-tax Texas opens London office to lure jobs and investment

Exclusive: US state is targeting corporate heavyweights in the UK with subsidies and incentives

• Y'all Street: Bullish Dallas aims to steal New York's crown

The US 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.

Texas recently secured approval for the new site, adding to a growing list of international offices from which it can try to draw corporate heavyweights across its borders.