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Audioboom raised its earnings outlook after posting record quarterly revenue. Video distribution and new podcast partnerships supported further commercial growth.
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Galderma agreed a major skincare acquisition to expand professional distribution. The transaction adds an established American brand to its international dermatology portfolio.
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Balfour Beatty has sold its longstanding stake in Gammon Construction. The £250m disposal gives Jardine Matheson full ownership of the Hong Kong contractor, with consideration paid in three instalments and Balfour Beatty concentrating further on UK and US operations.
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China reported surging September exports and another substantial trade surplus. Technology demand supported overseas shipments, increasing pressure on international competitors and trade policymakers.
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British quantum companies have secured funding for commercial sensing projects. UKRI’s £50m programme supports technology for railway monitoring, medical diagnostics, greenhouse gas measurement and resilient communications, with separate investment in domestic components and specialist skills.
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Softcat posted higher annual profits as enterprise technology spending expanded. Growth across software, hardware, and services preceded a major US acquisition agreement.
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Robert Walters returned to quarterly fee growth after prolonged weakness. UK recruitment and outsourcing provided the strongest contributions, although European hiring remained subdued.
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Most surveyed online shoppers have never used AI product recommendations. A Paxon-commissioned YouGov study of 2,077 UK adults, conducted from 28–31 August 2026, found limited reported adoption of AI shopping assistants, despite growing interest in new purchasing technologies.
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New official figures show declining concentration across British business industries. ONS research finds that the turnover-weighted average share held by the five largest businesses within individual industries fell from 45% in 2010 to 38% in 2025.
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Half of surveyed UK CEOs credit AI with productivity improvements. EY-Parthenon’s research among 100 UK chief executives found that only 14% had comprehensive, real-time visibility of AI costs, while almost one-third reported significant gaps in measuring returns.