Welcome to the Friday Brief.
This week’s news has been dominated by the debate following the Government’s announcement of its Comprehensive Spending Review. Paul O’Donnell has read through the detail and highlights areas of expenditure that will be of interest to MTA Members, like the promise of an extra £185 million for the Catapult Centres. While suggestions of a looming crisis in electricity supply grabbed the headlines, the announcement also included more detail about the Single Local Growth Funds as they will be called, which will be administered by the Local Enterprise Partnerships (LEPs). The MTA is keen to acquire a better understanding of how the LEPs are preparing to take on the new responsibilities and would welcome Members experiences, directed to Paul O’Donnell.
Other reports this week throw light on how the Conservative and Liberal Democrat parties that make up the Coalition Government view the significance of the manufacturing industries in the UK. David Willets, the Minister for Science, was addressing a dinner for professors of manufacturing recently and revealed how both parties’ attitudes had changed. Willets said that the Coalition now recognised the importance of the role of manufacturing and advanced engineering in rebalancing the UK economy. Read our correspondent’s account of the speech in this week’s Friday Brief.
There are also timely reminders of the Access OEM day at JCB in Staffordshire on 16 July and the Inter-Association Golf Day on 17 July. A further date for the diary is a workshop on 18 July exploring how a bid can be assembled for the next round of AMSCI funding. Members keen to play a part in developing supply chain initiatives in the composites sector should examine this opportunity.
Finally, Associate Member Kingston Smith is arranging a seminar on 3 July for businesses considering opportunities in Africa.
Have a good weekend.