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Newsletter Listing intro for week 30

Welcome to the Friday Brief for week ending 26 July. Figures released this week show that the preliminary estimate of GDP for the 2nd quarter by the Office for National Statistics (ONS) saw the economy expand by +0.6% compared to the 1st period of the year.  Excluding the 3rd quarter of 2012 which was boosted by crediting all of the Olympic ticket sales in one period, this is the fastest quarterly growth rate for three years.

The heat wave that continued into this week seems to have brought forth a number of opportunities from hot climes. We have news this week of business scholarships for firms looking to move into the Indian market or expand existing business in the country. We have only just received details of the scheme; interested companies should act fast as the deadline for applications is the 31 July we are told.

The first British Business Centre in a large emerging market is being established in India later this year. To help the high profile launch we have been asked to contact members who can supply case studies of their experiences of developing business in India. We also have news of dynamic SMEs in Singapore who plan to visit the UK later this summer to talk to potential business partners.

Members who attended the Annual Dinner last year will be pleased to learn that Adam Kelsey of Group Rhodes, who was awarded the 2012 AMTRI Scholarship, was recently awarded First Class Honours for his BSc at Sheffield Hallam and is shortly to embark on Post Graduate study, funded by the Scholarship at the University of Bradford. Congratulations Adam and keep up the good work.

If you are in London between now and the end of October a new exhibition at the Design Museum entitled “The Future is Here” will be featuring innovation in manufacturing and promises to be well worth a visit. Don’t forget to put the MTA’s Golf Day, 26 September, in your diary.

Finally, MACH exhibition space continues to sell fast, with the 16,000m2  mark passed this week, and we have news of developments in the Welding World Village.

Have a good weekend.
 

The Future is Here

The Future is Here

A major new exhibition, The Future is Here, at The Design Museum in London and supported by the Technology Strategy Board, will show how sweeping changes in manufacturing are transforming our world. 

RationalFX Weekly Market Report

RationalFX Weekly Market Report

Following the recent Members Quarterly Meeting, we are now receiving a weekly report on changes in exchange rates.  This is prepared on a Thursday, so the report this week won’t include the reaction of the £ to the growth figures quoted above.

The pound has been favoured by the markets this week ahead of the new growth figures for the UK.

Inward mission from Singapore

Inward mission from Singapore

A grouping of small and medium sized manufacturing technologies companies from Singapore (known as SPRING)  are seeking to find partners in the UK. SPRING members, with the help of the UKTI, are primarily looking to foster potential partnerships with UK suppliers to Aerospace OEMs, to support growth in both Europe and Asia.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

UK GDP, 2nd Quarter 2013:  The well publicised release of the preliminary estimate of GDP for the 2nd quarter by the Office for National Statistics (ONS) saw the economy expand by +0.6% compared to the 1st period of the year.  Excluding the 3rd quarter of 2012 which was boosted by crediting all of the Olympic ticket sales in one period, this is the fastest quarterly growth rate for three years.  The economy was +1.4% larger than it was 12 months ago;  this leap in growth comes because the weakest quarter in recent times (Q2/12) drops out of the moving annual total, while th

India marketing opportunity

India marketing opportunity

The India Marketing Strategy Scholarship Programme, organised by UK Trade & Investment (UKTI), offers UK businesses the opportunity to attend a specially designed executive programme at the S.P. Jain Institute of Management and Research (SPJIMR), Mumbai, India for an intensive five-day course. Applications close on 31st July.

This prestigious annual programme has up to 30 places available for firms who want to understand Indian business culture, effective marketing and how to develop long-term trading relationships.