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Friday Brief Archive

2020

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Newsletter Listing intro for week 27

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

We would like to draw your attention to the TRAM UK conference being held at the AMRC in Yorkshire on 10th and 11th November. MTA members are eligible to buy the early bird tickets for this event priced at £230, this offer, is only available until 10th September so book early to avoid disappointment.

BIS have asked us to share some information about trading with Greece, so if you do business in the country please ensure you read their advice carefully.

The CBI has announced that Carolyn Fairbairn is to become its new director-general, taking over from current director-general John Cridland later this year. For further details please see the story below.

MTA Associate Members Moore Stephens have conducted a survey on Manufacturing and Engineering in the UK and have asked us to share the results of their findings with you all. The full details of their research are below.

There is lots of economic news items this week, most of it generally positive with the UK GDP figures being revised upwards and some encouraging numbers on investment generally, even if there was a small quarter-on-quarter fall in spending by the Engineering sector (it is still significantly above where it was a year earlier).  The Purchasing Managers Index (PMI) for the UK was 51.4, so still indicating a modest rate of expansion for the sector, but the fall from 51.9 in May inevitably led to some slightly negative headlines; the main issue appears to be export orders, especially in Europe where, despite better PMI numbers, demand for UK exports remains subdued, probably because of the exchange rate situation.

And finally we’d like to draw your attention to our monthly business survey, which we draw important data about the health of the industry.

Until next Friday have a great weekend and enjoy the sunshine.
 

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

UK GDP, 1st Quarter 2015:  The Office for National Statistics (ONS) has published the quarterly National Accounts for the UK economy and, with this, has revised upwards the estimate of GDP for the first period of this calendar year.  As had been widely discussed, there was quite a significant upwards revision in the raw data, but because the figure for the 4th quarter of 2014 was also revised up, the quarter-on-quarter growth rate only went from +0.3% in the previous estimate to +0.4% now.

MTA BUSINESS SURVEY

MTA BUSINESS SURVEY

We have just launched the June edition of the MTA Business Survey – this is one of our slightly longer quarterly surveys, from which we draw important data about the wider health of the sector. The on-line form is at http://www.mta.org.uk/mta-business-survey-june2015 and we would encourage all members to let us have your input to what is a valuable and timely indicator of the trends for the manufacturing technology sector in the UK.

Manufacturing & Engineering (M&E): cautious optimism for the future

Manufacturing & Engineering (M&E): cautious optimism for the future

MTA Associate Members Moore Stephens have conducted a survey on Manufacturing and Engineering in the UK and have asked us to share the results of their findings with you all. Please see below for full details of their research.

Owner Managed Businesses (OMBs) in the Manufacturing & Engineering (M&E) sector have multiple strategies in play for 2015, but their optimism is tempered by concerns over employee skills shortages.

Carolyn Fairbairn named as next CBI director-general

Carolyn Fairbairn named as next CBI director-general

The CBI has announced this week that Carolyn Fairbairn is to become its new director-general, taking over from current director-general John Cridland later this year.

Described by the president of the UK’s largest business group as a “remarkable business leader”, Fairbairn is a former director of strategy at both the BBC and ITV who currently holds a number of non-executive positions.

Bowers Materials Testing Seminar

Bowers Materials Testing Seminar

16th September, Surrey   

With the largest selection of portable and bench hardness testers currently available within the UK, Bowers has evolved into an all-inclusive materials testing quality instrument supplier, with cost effective solutions to coating thickness, surface finish and many other disciplines available. 

The Bowers Materials Testing Seminar will give customers an insight in to the principles of hardness testing, along with an overview of the solutions available from Bowers and then a full afternoon hands-on workshop. 

SAVE THE DATE: TRAM UK 2015 – Early Bird Tickets Now Available

SAVE THE DATE: TRAM UK 2015 – Early Bird Tickets Now Available

TRAM is an international aerospace conference and exhibition focused on transferring advanced manufacturing technologies to the business leaders, managers and engineers who lead or play a key role in a facility that serves the aerospace sector. 

TRAM was started in 2009 by the Advanced Manufacturing Research Centre (AMRC), part of University of Sheffield, and has since been co-located with the International Manufacturing Technology Show (IMTS) in Chicago in 2012 and 2014.

In 2015 the conference is coming back to the UK for the first time since 2009.

Trade Challenge Partners: GREECE BUSINESS INFORMATION

Trade Challenge Partners: GREECE BUSINESS INFORMATION

Greece has announced that they are introducing capital controls on the movement of currency.  If you trade with Greece, or you rely on suppliers there, you may find that you are directly affected by the situation. A news story has been published on gov.uk as a central point of information and advice for people and businesses on the latest developments in Greece.