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Friday Brief Archive

2019

Week 51

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2018

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Newsletter Listing intro for week 21

Good morning and welcome to this week’s Friday Brief.

The All-Party Manufacturing Group, will be holding a Reception at the House of Lords on the 13th July 4:00pm – 6:00pm. For more information on this event please email Head of External Affairs Paul O’Donnell at podonnell@mta.org.uk.

We are altering the relationship that we have operated over the last two years with Craig Chen in our China offices and his staff in a joint PPMA/MTA in Shanghai. As a result of a review their business, the PPMA decided to withdraw from the Office which, as a result has now closed. We will continue to offer support via Craig and the team; more details on this in the below news story.

The MTA have launch their new events calendar for the coming year details all of our major networking opportunities. You can download the calendar from the below story.

We would also like to introduce our new Head of Events, Jeanette Ives, who will oversee the delivery of the MACH Exhibition as well as planning the design and delivery of a dynamic MTA Events Programme. Join us in welcoming Jeanette to the MTA team.

Also, we would like to say congratulations to Group Rhodes, who ranked 29 in the Sunday Times top 100 SME exporters in the UK.

In economic news, there are some mixed signals from the data published this week.  Across two reports from the Bank of England, they expect the period of deflation in the UK to be short as price changes pick up towards the end of this year and, following on from this, they are predicting solid growth for the economy overall.  In the latest report from their Agents, manufacturing output growth remains modestly positive and there has been small improvement in investment intentions, with some indications of spending to expand capacity.  Euro-zone Industrial Production dipped slightly, but the overall trend is still positive, but the latest orders data from the US is showing a fall in machine tool orders (but with a sharply mixed regional pattern), although their cutting tool data is positive.

That is all for this week, have a fantastic bank holiday weekend and we’ll be back next Friday.

MTA launch new events calendar

MTA launch new events calendar

The MTA have launched a new events calendar for the coming year, detailing all major dates for meetings, seminars and events.
We would encourage all MTA members to download the below document and take note of forthcoming events. MTA CEO James Selka said “we feel we have created a compelling season of events to engage with our membership and provide vital networking and educational opportunities that will appeal to both our members and supply chain alike.”

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

European Industrial Output, March 2015:  Data published by Eurostat shows that total industrial production in the euro-zone was -0.3% lower than in February, but was unchanged for the EU28 as a whole.  Compared to March 2014, total industrial production increased by +1.8% in the euro-zone and by +2.0% for the EU28

Digging a little further into the data, output of the capital goods industry in the euro-zone was -0.9% lower than in February, but +0.3% higher than a year earlier;  for the EU28 as a whole, the changes were -0.5% and +1.2% respectively.

Group Rhodes ranked in Sunday Times SME Export Track 100

Group Rhodes ranked in Sunday Times SME Export Track 100

Wakefield based engineering Company, Group Rhodes, was ranked 29 in the Sunday Times top 100 SME exporters in the UK. It was 1 of only 8 companies in Yorkshire to be listed in the prestigious league of top performing private companies, the majority of which were based in London. 

The Sunday Times BT Business SME Export Track 100 league table ranks for the first time Britain’s private small and medium-sized companies (SMEs) with the fastest-growing international sales over the last two years.

MTA China Office

MTA China Office

The MTA is changing the way that we look to support our members who are working in China. Last month saw the MTA host a highly successful UK Pavilion at the CIMT Exhibition, Asia’s largest. We are committed to continuing to offer support like this to UK companies wishing to exhibit at the leading Chinese exhibitions.

All Party Manufacturing Group Reception

All Party Manufacturing Group Reception

The Associate Parliamentary Manufacturing Group is a Group of MPs, Lords, and organisations, including the MTA, which seeks to promote manufacturing in Westminster and Whitehall. The Group will be holding a Reception at the House of Lords on the 13th July 4:00pm – 6:00pm to enable new MPs (and some familiar faces) to meet and hear from the Groups’ supporters about some of the things that manufacturing needs from Government. If you would like to attend, please let Paul O’Donnell know at podonnell@mta.org.uk as soon as possible.