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Friday Brief Archive

2019

Week 51

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2018

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2017

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2016

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2015

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2013

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2012

Week 51

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Week 04

Newsletter Listing intro for week 08

Hello and welcome to the Friday Brief for the 22nd February.

Today sees the announcement of the short lists for the coveted Manufacturing Industry Awards. Now it’s over to you to cast your votes to determine which companies will receive the awards at the MTA’s Annual Gala Dinner on the 27th March.

You can see the shortlists and learn about some great, innovative projects www.mta.org.uk/awards/vote-now. Good luck to all the shortlisted companies and commiserations to applicants who missed out this time in some very strong fields.

Today is also the day of the second ballot for MACH 2014 space. Applications for space from MTA member companies are up over 25% on the last exhibition’s figures, which bodes really well for 2014.

This week national media attention has focussed on the UK’s largest ever Trade Mission to India which was led by the Prime Minister and featured MTA President Mark Ridgway. And we have important news for exporters too. There are two Government sponsored meetings coming up on Export Control issues, including one that will particularly focus on regulations for Machine Tools, read all about it below.

The financial landscape is changing as various Government schemes aimed at boosting the availability of finance for companies to grow kick in. We have a new guide to the Bank of England’s “Funding for Lending Scheme” and a helpful round up of other initiatives out there from BIS.

Have a good weekend.

Economic Data this week

Economic Data this week

European GDP, 4th Quarter 2012:  The flash estimate from Eurostat shows that GDP in the euro-zone was -0.6% lower than in the 3rd quarter of last year, with the EU27 seeing a reduction of -0.5%;  this means that the euro-zone recession has now extended into a 3rd quarter, but for the EU27 as a whole, the fall follows a marginal increase in GDP which was recorded in the 3rd quarter of 2012.  For the year overall, GDP in the euro-zone was -0.5% lower than in 2011, while the EU27 saw a reduction of -0.3%.

Export Control Symposium

Export Control Symposium

If you have, or are planning to have, dealings with the Export Licensing System you may be interested in an event that the Export Control Organisation is holding next month.

The event to be held in London on the 19th March is aimed at raising awareness of some of the issues that the system is there to deal with and helping companies submit better applications. It will seek to tell you all you need to know about what considerations apply when deciding whether export controls apply to your activities.

Workshops will include those on topics such as:

Export Control - Special Meeting

Export Control - Special Meeting

EXPORT CONTROL – SPECIAL MEETING BEING HELD AT MAZAK, WORCESTER, THURS 7 MARCH, 10.30am

A special meeting is being arranged at UK Government’s request to discuss significant proposed technical changes to the Export Control regime, which are likely to be implemented by 2015 for machine tools.  The discussion will focus on our industry’s response to the proposed changes which will affect the current criteria for machine tool positioning accuracies and method of measurement.

The meeting’s likely timetable is as follows:

10.15 Arrival and coffee etc

SME Access to Finance Scheme

SME Access to Finance Scheme

The last few months has seen a lot of talk about the SME Access to Finance Scheme, and we now have access to a really useful guide for members.

Produced by BIS it covers schemes and programmes for small firms relating to loans, investment, contracts, business advice, and other financial support:
• summarising the main forms of public support and advice available to businesses
• explaining who can access which schemes
• setting out where further information can be found

The document can be downloaded below and is a ‘must-read’ for any SME.

MACH 2014 Ballot 2

MACH 2014 Ballot 2

Today saw the second MACH ballot take place. We are now up over 25% on the MACH 2012 figures, in terms of square metres, with many exhibitors taking extra space. With Ballot 3 still to come, and customers buying strongly in the UK Manufacturing Zone, MACH 2014 is the place to show all that’s new in your business.

Funding for Lending Scheme

Funding for Lending Scheme

You will have seen coverage in the media over the last few months of the Bank of England’s Funding for Lending Scheme, whereby the central bank has effectively put together an offer to commercial banks to subsidise a portion of bank lending to business.
The details of the scheme are fiendishly complex and each bank which is taking it up is deploying the funding in a slightly different way.  The document below is an attempt to set out what the banks which have been able to take advantage of it are doing.

Manufacturing Industry Awards- Get Voting!

Manufacturing Industry Awards- Get Voting!

The MTA is pleased to announce Manufacturing Industry Awards are now open! Please visit www.mta.org.uk/awards/vote-now to cast your vote now. Votes are limited to one submission per person so make sure you vote for all categories before hitting the submit button.

Best of luck to all those shortlisted. Winners will be announced at the MTA Annual Dinner on 27 March at the ICC, Birmingham.

Good luck and happy voting!