UK employers fighting to keep workers with 5% pay rises in next year – business live

<gu-island name="KeyEventsCarousel" deferuntil="visible" props="{"keyEvents":[{"id":"64d9d3b98f08e1f5a10e7c82","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":" Chinese stock markets are struggling on Monday as a big property company raised concerns over the health of the economy. ","elementId":"2455c01d-6895-4c1e-9dca-962b4c9f9c86"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":" Hong Kong’s Hang Seng index is down by 2.1% after China’s biggest private property developer, Country Garden, said it would suspend trading in some bonds. Here is a sign of the turmoil in the company’s debt: ","elementId":"9ae8d74c-9304-43fc-9836-9abd51791c2b"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":" Country Garden's January 2024 dollar bond is yielding 2500%. Trading at 9 cents. Any takers? pic.twitter.com/ASRO9OMC46 &mdash; David Ingles (@DavidInglesTV) August 13, 2023 \n","url":"https://twitter.com/DavidInglesTV/status/1690866143362523136","id":"1690866143362523136","hasMedia":false,"role":"inline","isThirdPartyTracking":false,"source":"Twitter","elementId":"e2276eb8-4e9b-4b82-831c-f895974585b1"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":" (Yields rise as prices…