Good morning and welcome to this week’s Friday Brief.
Hot on the heels of the Inter Association golf day last week, we would like to draw your attention to The MTA Members' Golf Day. This event will take place on 16th September at Warwickshire Golf & Country Club so mark the dates in your calendar and we’ll release full details of how to book up in next week’s Brief.
MTA CEO James Selka is set to embark on the Big Battlefield Bike Ride 2016 in aid of Help the Heroes. The ride over five days will cover 350 miles through countryside of Northern France retracing the steps of the allied soldiers on the Western Front. James would like to encourage you to sponsor him so please head over to his donations page and give generously https://www.justgiving.com/James-Selka.
The MTA will be inputting into the Chancellor's latest Comprehensive Spending Review, a three year Government expenditure programme. If you would like to input into this review please contact Paul O’Donnell at the MTA.
The University of Sheffield’s Advanced Manufacturing Research Centre (AMRC) has announced a new education route for successful apprentices to study advanced vocational university degrees, as part of their apprenticeship training. Full details can be found below.
The economic news this week is generally positive, but a couple of stories highlight diverging trends which will affect MTA members. There was positive news about the UK automotive industry which set a new 7-year high for car production in the first half of 2015 and this was supported by comments in the latest summary of the Bank of England’s Agents, but they also highlighted the problems in the Oil & Gas sector supply chain. However although overall industrial production in Europe is doing no more than bumping along, capital goods (which covers the majority of customers for manufacturing technology) is the best performing sub-sector on most measures.
Thank you for reading we’ll be back next Friday, until then enjoy your weekend from everyone at the MTA.