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Friday Brief Archive

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Newsletter Listing intro for week 49

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

First up in this week’s newsletter, the MTA held our AGM and Member Forum this week in Birmingham and you can read the write-up of the events of day.

The AGM also featured the launch of a new book entitled the UK Manufacturing Review 2015/2016. The book covers the key events, progress and challenges across the manufacturing sector during the last twelve months, whilst also forecasting some of the breaking trends for 2016.

Last week saw a major international conference on Industry 4.0 hosted by the MTC and supported by the MTA. You can read more below and look at the presentations from the day too.

UKTI are hosting the twelfth meeting of the UK-China Joint Economic and Trade Commission (JETCO) and the inaugural meeting of the UK-Azerbaijan JETCO will take place in January and February 2016 respectively. They would be most grateful if you could please complete the following survey before Wednesday 23rd December to help inform the meeting https://www.surveymonkey.co.uk/r/UK_Business_Survey_Identifying_Barriers.

Also in the news today Business Secretary Sajid Javid welcomes plans to make the heart of England greater than the sum of its parts by Firing up the Midlands Engine. Read what the Business Secretary had to say here https://www.gov.uk/government/speeches/firing-up-the-midlands-engine and read what it means to the region below.

The CECIMO General Assembly took place in Brussels on 3 December 2015 find out what was discussed there in the story below

The November edition of the MTA Business Survey was launched at the start of the week.  With thanks to those who have already replied, we would encourage all members to participate; you can find the on-line form at http://www.mta.org.uk/mta-business-survey-nov15

The main economic news this week was the Purchasing Managers Indices (PMI) for the manufacturing sector around the world;  although the UK reading was lower than in October, last month looks like something of an outlier and the November figure was both a healthily positive 52.7 and up on what we had seen over the previous few months.  In the Euro-zone, there was a small improvement in November with the PMI standing at 52.8, but elsewhere in the world there are only a handful of countries with PMI readings at or above those of the UK and the Euro-zone, including Japan (52.6), Czech Republic (54.2), the USA (52.8) and Mexico (53.0).

That’s all for this week we’ll be back next Friday with more industry news. 

Industry 4.0 at the MTC

Industry 4.0 at the MTC

Last week saw the Manufacturing Technology Centre, part of the High Value Manufacturing Catapult, host a high profile event exploring one of the hottest topics in manufacturing, Industry 4.0.

The event drew together voices from across Europe including: Germany’s Ambassador to the UK Peter Ammon; Martin Donnelly, Permanent Secretary at the Department for Business Innovation and Skills; and Anne-Marie Sassen of DG Connect, European Commission, as well as wide range of academic and business voices.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

PMI, UK and Euro-zone, November 2015:  The Purchasing Managers Index (PMI) for the UK fell back to 52.7 in November as both output and new orders expanded at a slower rate.  However, it is worth noting that this is only compared to a very high reading of 55.2 in October and the November figure is above the level that we saw over the summer for the UK.  Markit, who publish the PMI’s, report that the expansion seems to be mainly in large companies, but that it is reasonably spread across the sub-sectors with, most importantly for MTA members, solid growth in the investment go

Midlands Engine fired up to drive £34 billion worth of productivity and growth

Midlands Engine fired up to drive £34 billion worth of productivity and growth

An ambitious plan to make the Midlands an engine of growth will be unveiled today (4 December 2015) at a special event at Birmingham University. The Midlands Engine prospectus - the first of its kind in the country - is the result of 11 Local Enterprise Partnerships (LEPs) coming together with their plan to boost productivity, attract inward investment, increase connectivity and build a regional tourism offer.

New book paints picture of UK Manufacturing in 2015

New book paints picture of UK Manufacturing in 2015

The first ever annual review of British manufacturing industry, written by experts and supported by a range of leading engineering companies and the MTA, has been launched in the region that sparked the Industrial Revolution.

The UK Manufacturing Review 2015/2016 covers the key events, progress and challenges across the manufacturing sector during the last twelve months, whilst also forecasting some of the breaking trends for 2016.

The CECIMO General Assembly that took place in Brussels on 3 December 2015 confirmed:

The CECIMO General Assembly that took place in Brussels on 3 December 2015 confirmed:

•             The European machine tool production will record 23.3 billion euros in 2015, increasing by 2% from the year before;

•             The machine tool consumption in Europe will be growing 4% this year to 14.2 billion euros;

•             The conceptual framework of the Ecodesign Directive is unsuitable, not feasible and not desirable for complex industrial goods.

•             CECIMO will be the voice of additive manufacturing in Europe.

Economic situation and outlook

MTA AGM and Member Forum

MTA AGM and Member Forum

The Manufacturing Technologies Association’s Annual General Meeting took place on 2nd December at Austin Court in Birmingham.

Before the AGM took place there was a Member’s Forum, which focused on the MTA’s economics and statistics service led by Geoff Noon. Discussions were also held on the prospect of an EU referendum led by Paul O’Donnell.

MTA President Guy Mollart oversaw proceedings and looked back on the past year, praising the Association for putting on some compelling events on a varied range of topics which have been beneficial to the membership.