UK GDP slowed to 0.4% growth between January and March. This compares to 0.6% growth in the last quarter of 2015.
Amec Foster Wheeler has appointed Dr Jon Lewis as its new chief executive officer from June 1st. Lewis is currently a senior vice president at Halliburton in Texas. It came as Amec reported a 1.5% dip in first quarter revenues to £1.3billion.
Toy company Character Group said demand for its new Teletubbies products and old favourite Peppa Pig had helped half-year profits climb 2.4% to £8.7million. Revenues climbed 12% to £65.2million.