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Newsletter Listing intro for week 05

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

Over recent months the MTA has been conducting a survey of its membership over the issue of the UK’s continued membership of the EU. You can see the results of that in this week’s story (spoiler – strong support to remain). If you have any questions or further contributions on this issue please contact Paul O’Donnell, the MTA’s Head of External Affairs, at podonnell@mta.org.uk. MTA CEO James Selka was featured in the Guardian over the weekend highlighting the risks of Brexit, you can read his contribution here http://www.theguardian.com/small-business-network-partner-zone-lloyds-tsb/2016/jan/28/export-predictions-trends-ukti-government .

Still on the topic of Europe, the German British Forum (GBF) and the Official Monetary and Financial Institutions Forum (OMFIF), presents the GBF 2016 conference “Britain’s Future in Europe – Anglo-German Perspectives” at the Carpenter’s Hall, London, on 3 March 2016. Find out more details on this event below.

Gloucestershire Growth Hub, BPE Solicitors and the Innovation agency BEAF are hosting a joint Event to help companies who are developing and supporting innovation to unlock the potential for growth within an organisation. To find out how to attend follow this link http://www.thegrowthhub.biz/events/growth-through-innovation/.

CECIMO has prepared a booklet to help companies find technology transfer centres (such as the UK Catapults) in the field of machine tools. You can access the full list in the story below.

The first AMRC Forum of 2016 will focus on the latest developments in grinding technology and reveal the extent to which grinding is being used as a mainstream machining process. This will include discussions on the technical and commercial challenges involved and examine the trends and experience of end-users and equipment providers. Find out how you can attend this event below.

The main economic story this week is the Purchasing Managers Index (PMI) for January which had a mixed, but generally positive outlook; the PMI for the UK picked up a little, with the investment goods sector leading the way and while the Euro-zone reading fell, it was still at a healthy positive level.  Elsewhere, India saw an improvement that moved from negative to positive territory, while Korea went the other way.  The other main item this week is the European Commission’s Economic Sentiment Indicator which took a bit of a hit, although it remains above where it was at the start of 2015; there was more positive news with an increase in capacity utilisation being recorded for the Euro-zone (to its highest level since the recession) and the EU28 as a whole, although the UK saw a fall in the utilisation rate.

That is all for this week, have a great weekend from everyone at the MTA. 

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

PMI, UK and Euro-zone, January 2016:  The manufacturing Purchasing Managers Index (PMI) for the UK showed an improvement in the growth rate with the index at 52.9 (compared to 52.1 for December).  Overall, there was an improvement in domestic orders which supported a further increase in manufacturing production - the rate of expansion in output was at its fastest level for 19 months.  Although Markit don’t publish separate figures for the sub-sectors of manufacturing, the chart in their news release does point to a strong increase in the PMI for investment goods which was a

MTA BUSINESS SURVEY

MTA BUSINESS SURVEY

The end of last year saw a small, but very useful increase in the response rate to this important survey and we want to encourage more of our members to take part.  This survey is designed to give a quick overview of the UK manufacturing technology sector as a whole, focussing principally on the trends in orders and sales, along with questions on confidence and inquiry levels.

You can access the on-line form at http://www.mta.org.uk/mta-business-survey-jan16 - we look forward to your participation.

Latest developments in grinding technology

Latest developments in grinding technology

8th March 2016 at the AMRC KTC

Grinding and surface finishing operations can account for 20-25 per cent of cost on all machining operations.

In the past grinding has been primarily relegated to machining for final dimensional accuracy and surface finish, but that is changing thanks to recently developed techniques which greatly increase material removal rates particularly on aerospace alloys.

The Art of Innovation

The Art of Innovation

A Joint Event with the Gloucestershire Growth Hub, BPE Solicitors and the Innovation agency BEAF.

Developing and supporting innovation can unlock the potential for growth within an organisation. There are many ways to encourage it, to nurture it and to allow it to fully develop.

This session will enable delegates to understand how best to create a culture conducive to innovation within their organisations and will give examples of what truly great innovation looks like.

EU Brexit event 3 March: what it means for engineering companies

EU Brexit event 3 March: what it means for engineering companies

The UK is likely to have a referendum this year on whether or not to remain a member of the European Union. The exact outcomes of leaving the EU, and the true benefits and disadvantages of staying in, are unclear to many.

How would manufacturing and trade be affected, especially for the UK subsidiaries of European companies? What would be the impact of Brexit on British and European financial services and on a monetary union? What are the implications for security, foreign policy and regulation?

The MTA and Europe

The MTA and Europe

The MTA has a position of strongly favouring the UK’s remaining within the reformed European Union. The Association has long had a policy of favouring full engagement with the EU. The manufacturing technologies sector is one of the most internationalised conceivable and our work in CECIMO, CELIMO and Orgalime in Brussels and further afield reflects this.