Morning Wrap: today's top business stories

News stories from around the web.

New Statesman

Pensioners' incomes rising fastest, says IFS (BBC)

UK pensioners' incomes have risen faster than all other age groups in the last 30 years, a study has shown.

Airbus A350 makes maiden test flight (BBC)

The newest aircraft from European planemaker Airbus has taken off on its maiden test flight.

The Airbus A350 is designed to be more fuel-efficient, and a direct competitor to US rival Boeing's 787 Dreamliner.

Britain could overtake France to become second-largest car maker in Europe (Telegraph)

Britain could overtake France and become the second-largest car maker in Europe within the next five years, according to two of the industry’s top executives.

Bombardier blow as Siemens wins £1.6bn Thameslink deal (Telegraph)

Ministers are embroiled in a jobs for British workers row after confirming that Siemens had won the £1.6bn contract to build rolling stock for the Thameslink line.

Stephen Hester: Anatomy of a departure (FT)

Sir Philip Hampton likes to see himself as a marriage counsellor, who has often been called upon to manage a rocky relationship between the government (Royal Bank of Scotland’s biggest shareholder) and Stephen Hester (the bank’s now departing chief executive).