Introduction According to the Innovation State of the Nation Survey 2026 by the Innovation and Research Caucus, 60% of UK businesses stated that they undertook product and service innovation in 2026, which is the same position as 2025 and up from 56% in 2024. Figures were available as a regional breakdown of innovation levels across … Read more
Introduction According to Simply Business’s 2026 SME Insights Report, 47% of UK businesses are now using AI tools in their operations, up from 22% in 2025. An additional 13% of businesses surveyed are planning to start using AI over the next 12 months. What Are The Main Ways SMEs Are Adopting AI? The most popular … Read more
Introduction According to the International Innovation Barometer 2026 published by the Ayming Institute, which examines the views of innovation leaders across 17 countries and six sectors, 96% of businesses questioned now report having a dedicated innovation team, which is up from 78% last year. This increase has spanned across businesses of all sizes, with only … Read more
Introduction The University of Cambridge has released its key UK Innovation Report 2026 that reveals innovation trends over a number of years and benchmarks the UK’s performance on innovation activity against other global economies. The report has uncovered that the UK was ranked 6th for Research and Development (R&D) investment in 2023, with a spend … Read more
Introduction According to Innovate UK’s State of Innovation Report 2025, innovative businesses are finding their average sales growth increased by 7% over the last year, which is well above the average for non-innovators, where growth stagnated at 0.4%. There is even more impressive sales growth for “frontier firms” at 9% over the last year. Frontier … Read more
Introduction According to the 2025 UK Innovation Report from EmpowerRD, the average annual R&D spend of UK scale-up businesses now stands at £1.46 million, or 12% of their overall expenditure. A scale-up business is classed as a start-up business that is now registering regular growth of at least 20% per year and are typically found … Read more
Introduction The UK Government has recently released its Technology Adoption Review for 2025 that assesses the barriers for UK businesses in their ability to adopt transformative technologies that can enhance innovation and growth activities across key British sectors. Some of the key barriers to adopting technology for businesses cited in the report as part of … Read more