April 30 (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

- Mobico MCG.L, the parent of National Express, said CEO Ignacio Garat, is leaving after the company reported 793 million pounds ($1.06 billion) in losses and eliminated its dividend.

- BP BP.L reduced its spending plans and said its strategy chief will step down under pressure from Elliott Management, as the oil major reported a 50% drop in first-quarter profits.

The Guardian

- U.S. President Donald Trump has downgraded a trade deal with the UK to a second-order priority, sources told the Guardian, placing the UK in either phase two or three and hampering British attempts to meet their mid-May deadline.

- Marks & Spencer MKS.L suffered a major cyber-attack attributed to the hacking group Scattered Spider, known for targeting MGM Resorts and Caesars.

The Telegraph

- AstraZeneca's AZN.L CEO Pascal Soriot warned jobs and investments may move overseas if countries do not increase purchases of the company's advanced medicines, stating that governments' reluctance to spend could drive economic benefits elsewhere.

- The U.S. cautioned that British Prime Minister Keir Starmer's Brexit reset, including a potential agreement aligning British food and veterinary standards with EU rules, could undermine prospects for a future U.S.-UK trade deal.

Sky News

- Burberry BRBY.L has launched a formal search for a new chairman to replace Gerry Murphy, working with headhunters nearly a year after appointing a new CEO to lead the revival of the struggling luxury fashion brand.

- Britain conducted its first joint strikes with U.S. forces against a Houthi target in Yemen since U.S. President Donald Trump's re-election, the Ministry of Defence confirmed.

The Independent

- Marks & Spencer MKS.L reported empty shelves in some stores on Tuesday due to a cyberattack, with the retailer confirming limited stock availability after taking systems offline and an expert warning that normal operations may take days to resume.

($1 = 0.7468 pounds)

(Compiled by Bengaluru newsroom)

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