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Friday Brief Archive

2020

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Newsletter Listing intro for week 20

It was probably predictable that the soon to retire Governor of The Bank of England in his last press conference this week talked up the prospects for the UK economy in the near future. This was not just wishful thinking as the Bank’s latest review of forecasts for  the UK economy and inflation show a modest recovery underway through most of the next two years. This is indeed positive given that the UK since 2008 has been going through the longest and deepest recession since the Great Depression of the early 1930s.

Last summer the Governor urged industrialists to take inspiration from the UK’s athletes competing at the London Olympic Games. This had particular resonance for exhibitors to MACH 2012 as the show was opened by British Olympic Javelin medallist Steve Backley, who proved a particular hit with exhibitors.

Other economic data out this week indicates that the UK economy has been holding its own against a mixed picture across Europe. Interestingly, the ONS bulletin on the UK’s overall trade for 2012 shows mechanical machinery exports at the top of the table and worth £39.4 billion. This category was also second in the import list and worth £31.5 billion, thus giving a surplus of £7.9 billion for a sector so closely linked to manufacturing technologies.

Continuing the attention given to exporting by this week’s UKTI Export Week we have news in Friday Brief of the UK Trade & Export Finance Conference on 11 June. There is also a timely reminder of the MTA’s Additive Manufacturing Seminar in collaboration with the Warwick Manufacturing Group on 13 June. Last call too for entries to the MTA’s TDI Challenge for young budding designers; the deadline for entries is 24 May.

Have a good weekend.
 

Managing Large Contracts

Managing Large Contracts

The next Members’ Quarterly Meeting (MQM) on 19 June “Managing Large Contracts” is designed to address key issues faced by our members. Increasingly, working with Original Equipment Manufacturers (OEM’s) is preceded by difficult negotiations around issues such as onerous Non-Disclosure Agreements. How to deal with these NDAs and the pitfalls to avoid will be discussed.

Best practice in currency management will also be presented as taking on potentially large contracts needs careful consideration by SME’s given the volatility of exchange rates.

Future manufacturing MTA seminar

Future manufacturing MTA seminar

SME’s with expertise in 3D printing or an interest in developing additive manufacturing should attend the MTA’s half day seminar on Thursday 13 June at Warwick University.

The seminar will have a particular automotive manufacturing supply chain focus and will feature a presentation by James Buchanan, Product Development Engineer at Jaguar Land Rover. The event will also be useful for other businesses thinking of entering additive manufacturing in other fields.

Trade & Export Finance Conference

Trade & Export Finance Conference

The UK Trade & Export Finance Conference, supported by the MTA, will bring British companies of all sizes (multinationals, mid-cap and SMEs) together to discuss how best to increase UK exports. Presentations will focus on the  economic challenges faced by UK companies, the ongoing problems in the Eurozone and the wider opportunities in the emerging markets.

The event is hosted with support from the Institute of Export, Trade & Export Finance Ltd and The British Exporters Association.

24 May TDI Challenge deadline

24 May TDI Challenge deadline

Encourage your contacts to enter the Manufacturing Technologies Association 2013 Technology, Design and Innovation (TDI) Challenge before the 24 May deadline.

The TDI Challenge offers school and college students a unique opportunity to showcase their project work to an industry that relies upon the creativity and innovation of its designers and engineers.
In previous years the calibre of entries for this competition has been particularly high and this has generated significant press coverage. 

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

European GDP, 1st Quarter 2013:  The flash estimate of GDP issued by Eurostat shows that GDP in the euro-zone was 0.2% lower than in the final period of 2012, with the EU27 as a whole seeing a decline of 0.1%.  Compared to a year earlier, GDP in the euro-zone fell by 1.0% with the EU27 down by 0.7%.