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Friday Brief Archive

2019

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2018

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2012

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Newsletter Listing intro for week 29

Good afternoon and welcome to the Friday Brief for the 19th July 2013.

We open this week’s Friday Brief with a welcome to the 19 new members who have joined the MTA in the last quarter. It’s great statement of confidence in the Association and industry that they have chosen to join us and we look forward to working with them in the future.

It’s also a warm welcome (can there be any other sort in the UK at the moment?) to the 15 companies who have booked into the Welding World Village for MACH 2014 this week. You can find out who’s going to be there below.

Wednesday saw the Annual Inter Association Golf Day at the Leicestershire Golf Club. It was a great day and our congratulations to all the competitors. You can find out who won what below.

As the heatwave continues, and summer holidays begin, we thought we’d bring you a couple of items in this week’s Friday Brief that are guaranteed to lighten up anyone’s day – Employment Law and Pensions.
The MTA can help you navigate the jungle of employment law and related areas through our partnership with market leading advice providers Croner. Just this week an MTA member of staff was visiting a company who were about sign up for an advice service for which they had been quoted a five figure sum. We were able to prevent them laying out that money by talking them through the service that you receive for free as an MTA member. You have access to both a helpline and an amazingly comprehensive set of help-sheets and guidance notes via the MTA website. More details below.

Over the last few weeks you may have seen giant posters of business figures (well people off ‘The Apprentice’ and ‘Dragon’s Den’) saying “I’m in” all over the country. They’re talking about auto-enrollment, the plan to ensure that everyone in the country has access to a workplace pension by 2017. There are a myriad of ways to do this and as an MTA member you can book an advice session with pensions advisors Gerrard Byrne for free, details of how are below.

We’ve news of investments of a different kind with a full list of the recent successful bidders for the 4th Round of Regional Growth Fund monies.

There’s also the latest on the new EMTE-EASTPO show scheduled for Shanghai next year, for which the pace is picking up.

Finally there are some signs of the pace picking up in the wider economy. Geoff Noon has a rundown of the indicators, including the latest PRODCOM figures and European numbers from CECIMO and CELIMO, in his regular weekly briefing.

Enjoy your weekend.

Croner Business Support Helpline for MTA Members

Croner Business Support Helpline for MTA Members

Don’t Put Business Problems on Hold

Call the helpline on 0844 561 8133 quoting the scheme number - 81029

With employment law and health and safety legislation increasing all the time, it’s vital that you have access to the right support and guidance to keep your business on the right side of the law. When you need a guiding hand or a second opinion, the Croner Business Support Helpline gives you instant access to telephone advice from a team of experts. It’s offered as part of your MTA membership, so all it will cost you is the price of a local phone call.

Economic Data this week

Economic Data this week

UK Sales of UK Manufactured Products, 2012:  The Office for National Statistics (ONS) has published the provisional data from the PRODCOM system.  Sales of UK made machine tools (excluding parts and accessories) - production for shorthand - were worth £544.4 million, an increase of +19.5% over the 2011 figure.

Production of metal cutting tools was worth £189.5 million, up by +4.0% compared to 2011;  output of tool and work holding equipment (including jigs and fixtures) was worth £360.9 million in 2012, an increase of +22.8% on the previous year.

Auto-enrolment for pensions looms large

Auto-enrolment for pensions looms large

When the Government  policy on Auto-enrolment for pensions was introduced, 2017 seemed a long way in the distance. It is now looming large on the horizon, and many larger businesses are already well into the process. It is relevant to everyone, regardless of size, between now and 2017.

So far there has been over 90% take up by individuals, as the opt out rate for employees is less than 10%. It is likely that your business will have similar levels of take up, so you must be ready. Non-compliance will be costly, with large fines for companies who fail to register employees

Growing your Association

Growing your Association

Over recent months the MTA has been on a recruitment drive with Adrian Sell, our Business and Events Manager, joined by new Regional Sales Managers, Chris Smith (in the North) and Deborah Darnell (in the South). They’ve been getting out and about to identify companies that could benefit from what the MTA has to offer. In the last quarter we’ve really started to see some successes notched up. So we are able to welcome:

Latest on EMTE-EASTPO

Latest on EMTE-EASTPO

Launched earlier this year The EMTE-EASTPO Machine Tool Exhibition to be held in Shanghai in 2014 has received a warm response from leading names of the machine tool industry. Following the announcement of the joint exhibition in February, there has been a steady stream of space applications and enquiries from well-known brand names.

Regional Growth Fund- Round 4

Regional Growth Fund- Round 4

The Regional Growth Fund is now well established as a mechanism to get Government funding into growing businesses. Last week saw the announcement of the fourth tranche of successful bidders. They are a mixture of traditional single company schemes and consortia, some of them led by LEPs.  They are listed below:

Welding World Village at MACH

Welding World Village at MACH

The MACH 2014 Welding World Village have taken off with a bang this week!! In a fantastic response to the extended Village, which is designed to be 30% larger than in 2012, over half of the Village has now been allocated, and with other major players in the area, such as Air Products expected to join soon, the Village is well on the way to a sell out!

Annual Inter Association Golf Day

Annual Inter Association Golf Day

The Annual Inter Association Golf Day is a highlight of the MTA social calendar. This year was no exception as teams competed for four trophies under blazing skies at the Leicestershire Golf Club on Wednesday. As well as being an enjoyable way to get to know other members, the event is also a valuable opportunity to meet people from other industries and associations.
Standards were high across the board this year but particular congratulations are due to the trophy winners.