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Friday Brief Archive

2020

Week 48

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Newsletter Listing intro for week 43

The double dip recession in the UK economy has ended with a Third Quarter GDP increase of 1.0%. This was the encouraging news this week from the ONS’s preliminary statistics. Analysts had been expecting a positive figure but the size of the increase took many by surprise. Nevertheless, Government ministers welcomed the news with guarded optimism.

The release of the GDP figure as we went to press acts as a backdrop to other statistics on the economy that we highlight in this week’s Friday Brief. Attention is also focused on the fast approaching MTA Forecast Seminar on 8th November at the University of Warwick. There are still places on this not to be missed event so sign up now to avoid disappointment.
The Brief also includes invitations to a CELIMO mission to India and to a Meet the Funder event.

Have a good weekend.

CECIMO researches industrial services market

CECIMO researches industrial services market

The European Association of the Machine Tool Industries CECIMO (www.cecimo.eu) is conducting a broad-based online survey about market opportunities in industrial services in the machine tool industry with a focus on sustainability. In recent years, industrial services have become increasingly important as a relevant competitive factor for manufacturing enterprises in the machine tool sector. Besides selling machine tools, some manufacturers are already able to offer their customers holistic solutions.

Invitation to Meet the Funder event

Invitation to Meet the Funder event

The Society of Motor Manufacturers & Traders (SMMT) has opened its  Meet the Funder event on 21 November at Cranmore Park, Solihull, West Midlands to MTA members.

The event will focus on finance in the supply chain and enabling businesses to speak to the financial community about support. This will be great opportunity to hear from key industry stakeholders, meet with a wide range of funders and also network with industry colleagues.

There is no charge for this event, simply fill out the registration form here. 

Scarborough Engineering is a blast!

Scarborough Engineering is a blast!

The 'Bloodhound' supersonic car proved to be a highlight of this year's Scarborough Engineering Week, the event aimed at encouraging youngsters to consider careers in engineering. Now in its third year, the organisers were delighted with the success of the event, which has grown substantially year on year - with some 1600 pupils attending this time.

CELIMO mission to India

CELIMO mission to India

MTA is a member of CELIMO, the European federation for associations representing importers and distributors of machine tools, tooling and related technology.  In January 2013, to coincide with the IMTEX Metal Cutting Exhibition in Bangalore, CELIMO is organising a visit for European importers and distributors. The purpose of the mission is to establish contacts with Indian manufacturers with a view to representing them in the European market.

Don’t miss the MTA’s Forecast Seminar

Don’t miss the MTA’s Forecast Seminar

The MTA’s Annual Forecast Seminar providing valuable insight into sector trends will be held on 8 November 2012. Once again the world renowned consultancy Oxford Economics will be producing the Forecast, an unrivalled resource for business planning with an emphasis on the manufacturing technologies sector. There will also be a special presentation on prospects for the automotive sector in the UK and globally from LMC, the leading motor industry forecasting organisation.

UK economy moves out of recession

UK economy moves out of recession

UK GDP, 3rd Quarter 2012:  The preliminary estimate of GDP from the Office for National Statistics (ONS) shows that the UK economy grew, quarter-on-quarter, by +1.0%. This means the end of the double-dip recession which began when GDP declined in the 2nd quarter of 2008. However, this latest GDP figure takes the UK economy back to the level reached at the end of the 3rd quarter of 2011. The last double-dip recession in the UK was from 1973 to 1976, but by the 13th quarter of that cycle, the economy was back above its starting level.