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Newsletter Listing intro for week 24

Welcome the Friday Brief for the 17th June. The weather may not be delivering a lot of joy but there was cause for a celebration in the industry this week as Dr Tony Bannan, CEO at PTG Holroyd and an MTA Board member, was awarded an OBE in the Queen’s Birthday Honours. Congratulations Tony!

There’s an opportunity to catch up with the MTA in South Yorkshire early next month as we hold the first of our new series of Regional Events hosted by Nikken in Rotherham. You can hear from MTA associate members Mathys and Squire about IP law and manufacturing PR guru Ross Coburn about getting manufacturers into the media. For further details please see the story below or email events@mta.org.uk.

There are several business opportunities in the Brief this week, with four emanating from UKTI in India and another from Ireland, full details in the stories below.

Lloyds Bank have been allocated the first tranche of funding to underwrite loans to businesses aiming to grow under the Government’s Help to Grow scheme, read on for all the details.

There was positive news in the European industrial production data this week; as with the UK figures last week, April was a good month and the capital goods sector is growing more strongly than industrial production overall.  Trade figures for the 1st quarter of the year show an increase in UK exports of manufactured goods overall and growth for the key industry sectors, but overseas deliveries of machine tools were down sharply on the final period of 2015, although this does fit the normal seasonal pattern, so it is not as alarming as the raw data suggests.  The final news item this week shows the weakness in the US manufacturing sector with news that machine tool orders and cutting tool sales are both running quite a bit behind the levels seen at this point in 2015.

Have a good weekend and enjoy the football!

MTA BOARD MEMBER AWARDED AN OBE

MTA BOARD MEMBER AWARDED AN OBE

Dr Tony Bannan, Chief Executive Officer of Precision Technologies Group (PTG), has been appointed an Officer of the Order of the British Empire in the Queen’s Birthday Honours List 2016.
The OBE has been given in recognition of Dr Bannan’s services to the UK economy, international trade and inward investment.

MTA REGIONAL NETWORKING EVENT IN SOUTH YORKSHIRE

MTA REGIONAL NETWORKING EVENT IN SOUTH YORKSHIRE

The MTA endeavour to deliver the best for their members and are now launching a series of regional networking events for members. The first of these new events will be a breakfast meeting held on Tuesday 5th July at NICe - Nikken Innovation Centre Europe in Rotherham, South Yorkshire.

The networking event will commence at 8:30am and will feature two short talks from Mathys & Squire - patent and trade mark attorneys. Will be on Hidden Risks & Hidden Opportunities – IP Management in the Manufacturing Supply Chain.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

European Industrial Production, April 2016:  Data from Eurostat shows that total industrial production in the Euro-zone was +1.1% higher than in march, with the EU28 as a whole seeing growth of +1.3% on the same basis.  Looking back over 12 months, total industrial production in the Euro-zone was +2.0% higher than in April 2015, while for the EU28 as a whole it has expanded by +2.5%.

UKTI and India

UKTI and India

UK Trade & Investment's overarching objective is to enable business links between UK and Indian companies. They enable this through a number of networking initiatives including events, trade missions and specific business meetings.

During their interactions with contacts in India they came across the following opportunities for UK companies.