Here are some of the top business stories making the national headlines.
UK wages failing to keep up with costs
Fifteen years of wage stagnation has left British workers £11,000 worse off per year, according to research shared exclusively with BBC Panorama.
UBS takeover of Credit Suisse: Embattled bank’s chairman describes ‘historic, sad and very challenging’ day
Six major central banks, including the Bank of England, have taken coordinated action to boost dollar flows to help stem the crisis of confidence gripping more lenders after the forced UBS takeover of Credit Suisse during the weekend. Find out more via Sky News.
UK house prices defy gloom with an average £3,000 rise
Average house prices have risen by nearly £3,000 this month as the property market continues to resist predictions that the UK’s lacklustre economic performance will cause a significant slump during 2023. Find out more via The Guardian.
Recession fears ease in manufacturing, but growth remains elusive
Fears of a recession in the manufacturing industry have eased slightly, but significant growth remains elusive, according to a new report. Find out more via the Evening Standard.
