BUSINESS LIVE: UK GDP grows 0.1%; Petrofac debt restructuring talks; FCA motor finance probe warning

The British economy expanded by 0.1 per cent in February, in line with expectations, fresh data from the Office for National Statistics shows.  

The ONS has also upgraded January’s growth figure from 0.2 to 0.3 per cent, pointing to signs of a quick exit from the recession of late 2023.

The FTSE 100 will open at 8am. Among the companies with reports and trading updates today is Petrofac. Read the Friday 12 April Business Live blog below.

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