Children’s entertainment and licensing group Hit soothed fears over tough trading conditions today after reporting a steady start to its financial year.

Bob the Builder group Hit Entertainment today moved to quash speculation it had received a takeover approach from a Swiss investment firm.

Bob The Builder is to take on his biggest project to date – by building an entire town from scratch, it was announced today.

Children’s favourite Pingu is waddling back to TV – but could leave fans in a flap with his new voice.

Pingu, the playful penguin character, is to be bought by British children’s entertainment firm Hit in a £15.9m deal, it was announced today.