Norman Broadbent (LSE:NBB) delivered a stronger trading performance during the second quarter of 2026, with net fee income increasing to £3.1m from £2.2m in the first quarter despite ongoing geopolitical uncertainty and a cautious hiring environment. Net fee income for the first half totalled £5.3m, compared with the record £6.0m achieved in the same period last year. Management also highlighted a significant improvement in retainer income, which it views as a positive indicator for future executive search placements.

The company continues to pursue its long-term growth strategy through targeted investment in fee-earning consultants and selective…