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Newsletter Listing intro for week 49

Welcome to Friday Brief on the 5th December, with only 19 days left until Christmas!

This week saw our Annual General Meeting, at which Mark Ridgway OBE was re-elected as President of the MTA. The day also included a Parliamentary Reception in the House of Commons, where Minister of State for Skills and Equalities Nick Boles MP was able to update members on plans for apprenticeship funding, and reassure us that there will not be any additional burden placed on employers taking on apprentices – please see more on the AGM and the reception below.

Also this week the Government published its August Statement, which included announcements on extra funding for Catapult centres and the uprating of the R&D Tax credit for both large and small firms.

At the MTA we are always striving to run the Association so that it benefits everyone of our members, and we ask you to kindly take a few minutes and fill in our latest Member's Survey. It shouldn’t take more than a few minutes and you will be entered into draw to win an IPAD. We would really like to hear from you, and get your help in shaping the future of the MTA, so please take a moment to share your thoughts.

In other news, Wakefield based Group Rhodes have been awarded a Blue Plaque from The Wakefield Civic Society to signify the 190th anniversary since the firm’s founding in 1824. And The Institute for Manufacturing has announced the dates for the 2015 Technology and Innovation Management three-day course. This event is organised by the IfM’s Centre for Technology Management, University of Cambridge and will take place at Jesus College, Cambridge, on 24 – 26 March 2015.

This week’s ‘Spotlight on…’ looks at out training and apprenticeship loans and grants and we’ve a little reminder that the November edition of the MTA Business Survey is ready for your input.

In Economic News we have latest PMI numbers.  There is something of a mixed picture with the UK seeing a further pick-up in the PMI, something that was repeated in countries such as India, Czech Republic and Poland;  the figures for Canada (unchanged) and the USA (down on October) well above the 50 level which marks the boundary between growth and contraction.  The euro-zone continues to be weak, although the index of 50.1 was just in positive territory – this in itself is a balance between strong numbers for Ireland, Spain and Netherlands, with Germany, Italy and France all below 50; among the major global economies, the only other countries in negative territory were Korea and Brazil.

Enjoy your weekend, and remember to wrap up warm as it is getting pretty cold out there.

ECONOMIC DATA THIS WEEK:

ECONOMIC DATA THIS WEEK:

PMI, UK and Euro-zone, November 2014:  The Purchasing Managers Index (PMI) for the UK moved up slightly in November to a 4-month high of 53.5 (from 53.3 in October).  Job creation in the sector accelerated and there was a solid expansion rate for both output and new orders.  However, the domestic market is still the main driver of the upturn with new export orders falling as exporters faced a combination of a relatively strong exchange rate and subdued global market conditions.  The improvement in output is broadly based, both across the various sub-sectors and by size of company.

MTA BUSINESS SURVEY:

MTA BUSINESS SURVEY:

Just a quick reminder that launched the November edition of the MTA Business Survey at the beginning of this week;  With thanks to those who have already replied, please can we encourage those who have not to participate in what is a valuable and timely indicator of the trends for the manufacturing technology sector in the UK.  You can access the on-line form at http://www.mta.org.uk/mta-business-survey-nov14; please try to respond by Tuesday 9th December.

Spotlight on…. Training Grants and Apprenticeship Loans:

Spotlight on…. Training Grants and Apprenticeship Loans:

Through our Education and Training Committee the MTA offers Training Grants and Apprenticeships to members who are looking to up skill and to help develop and further the knowledge of employees.

Training Grants:

Training grants are available to help members to pay for training courses that are accredited or industry recognised programmes. The MTA will match fund (50%) any application to maximum of £500.

Technology and Innovation Management course - Tuesday 24 – Thursday 26 March 2015 – Jesus College, Cambridge

Technology and Innovation Management course - Tuesday 24 – Thursday 26 March 2015 – Jesus College, Cambridge

The Institute for Manufacturing has announced the dates for the 2015 Technology and Innovation Management three-day course. This event is organised by the IfM’s Centre for Technology Management, University of Cambridge and will take place at Jesus College, Cambridge, on 24 – 26 March 2015.

Membership Survey – WIN AN IPAD

Membership Survey – WIN AN IPAD

We are always striving to run the Association so that it benefits everyone of our members, and are always looking for how we can improve the service we offer you. We ask you to kindly take a few minutes and fill in our latest Members Survey (see link below). It should not take more than a few minutes and you will be entered into draw to win an IPAD.

We would really like to hear from you, and get your help in shaping the future of the MTA, so please take a moment to share your thoughts.

A mixed bag from the Government’s Autumn Statement

A mixed bag from the Government’s Autumn Statement

Wednesday’s Autumn Statement should have been easy for George Osborne. UK growth is pretty strong, inflation is low, unemployment is falling and he and his party hold a significant opinion poll lead on the all-important question of being trusted to run the economy. Yes, there are headwinds: productivity is stubbornly sluggish and the export performance has disappointed but overall most economic indicators are pointing up.