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Friday Brief Archive

2019

Week 51

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2018

Week 51

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2017

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Newsletter Listing intro for week 17

The Chancellor takes some comfort this week from the latest UK Gross Domestic Product figures from the Office for National Statistics (ONS) showing that growth was  +0.3% higher than in the previous quarter. The media headlines focused on “UK avoids triple dip recession”, which would have been the consequence had these quarterly figures been negative.

Detailed figures showing the returns for manufacturing sectors of particular interest to the MTA will not be out for a number of weeks but are expected to reflect the positive trend for capital goods in recent months. This is supported by results from the CBI’s Industrial Trends Survey for the past three months, also out this week, which showed an increase in output over the past quarter. As this Survey is one of the CBI’s more detailed outputs and includes questions about investment intentions it carries some useful indicators.  The Survey showed there was a small improvement in the balance for investment intentions for plant & machinery, continuing a run of broadly positive results.

Taken as a whole the news must be seen as positive for the manufacturing technologies sector and for those companies involved in export markets, especially in Asia, there are still enormous opportunities. The MTA has been co-ordinating the UK Pavilion at CIMT in Beijing this week and initial feedback from members exhibiting has been very upbeat. UK companies are being encouraged to explore these new, expanding markets and the UKTI has just announced details of its Export Week programme in May. One of the master classes on the first day is entitled: Trade Finance Options when entering High Growth Markets. See the Friday Brief story for more details.

Congratulations this week should go to MTA member Renishaw for being awarded a Queen’s Award for Enterprise in the Innovation category.

A date for your diary is the rescheduled MTA/Warwick Manufacturing Group Seminar on Additive Manufacturing, which will now be held at Warwick on Thursday 13 June. Full details are in Friday Brief.

Have a great weekend.

Algerian opportunities

Algerian opportunities

The British Embassy Algiers has news that the Algerian Ministry of Industry, SMEs & Investment Promotion is aiming to create a database of potential international investors/companies interested in creating joint-ventures with Algerian state-owned companies.

The potential sectors of partnership are: construction, chemicals, steel industry, steel frame construction, pharmaceutical, textile & leather, electronics and mechanical equipment.

Open House success

Open House success

SECO Tools (UK) Ltd ran a very successful Open House on Wednesday and Thursday this week at its new centre at Alcester, Warwickshire.

The customer focused event was aimed at precision component manufacturers looking to improve productivity. The latest technology developments were on display, not only from SECO but from a number of the Company’s technical partners that were also exhibiting at the Open House.

Additive Manufacturing Seminar 13 June

Additive Manufacturing Seminar 13 June

Registration is now live for the rescheduled MTA’s half day seminar reviewing how SME’s with expertise in 3D printing can contribute to the manufacturing supply chain.

The event is being organised by the MTA together with the Warwick Manufacturing Group will be held on Thursday 13 June at Warwick University and feature a presentation by James Buchanan, Product Development Engineer at Jaguar Land Rover.

MTA active overseas

MTA active overseas

The UK Manufacturing Technology sector has sought the limelight this week at the Chinese manufacturing Show, CIMT in Beijing and the MTA has been leading the way.

CIMT is the place where the beating heart of Chinese manufacturing comes to buy the modern technology that it relies on. The scale of the show is like the scale of Chinese manufacturing itself. Something like 1,400 exhibitors fill about 120,000m2 of space. Up to 200,000 visitors are expected to visit the show. Many of the exhibitors are local producers but no country can afford to ignore a market the size of China.

Export Week Latest

Export Week Latest

UK Trade & Investment will once again be running a week-long series of activities during Export Week (13-17 May 2013). A series of events and Master Classes will be held to offer unique and informed advice on how to go about doing business almost anywhere in the world.

Events highlights during Export Week include:

Nordics & Baltics opportunities

Nordics & Baltics opportunities

If you are a company active in the Energy, Arctic, Infrastructure or Healthcare space you should consider the major business opportu¬nities available in the Nordic and Baltic areas of Europe. Sectors of special interest include: Cleantech, Renewables, Nuclear, Oil & Gas, Energy Interconnection, LNG Terminals, Mining, Oil & Gas, Shipping, Rail Electrification, Light Rail, Road & Tunnel projects and Broadband.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

UK GDP, 1st Quarter 2013:  “UK avoids triple dip recession” was the inevitable headline from the announcement by the Office for National Statistics (ONS) of the preliminary estimate for UK GDP;  they put growth at +0.3% compared to the previous quarter, which would make the UK economy +0.4% larger than it was a year ago.  At this stage, the estimate is based on 44% of the data that will make up the final calculation;  although it is likely to be revised, experience suggests that this is unlikely to be by enough to reverse the headline (and it could equally be revised upward