Good morning and welcome to this week’s Friday Brief.
The MTA is leading a trade mission to Turkey this coming October, if you would like to exhibit at MAKTEK Eurasia in Istanbul please contact the MTA’s Head of Events James Fudge on firstname.lastname@example.org for more details.
Last Friday (5th August) saw the 60th edition of the hugely popular inter-association golf day, which took place at Woburn Golf Club near Milton Keynes. To see the full set of results and find out who reigned supreme on the green, read the story below.
The MTA’s TDI challenge is the cover story in this month’s PES magazine, read a preview of the story here and find out more about this fantastic competition to encourage young engineers here https://www.pesmedia.com/tdi-challenge-mta-manufacturing-technologies-association/.
The Manufacturing Institute has developed an MSc in Manufacturing Leadership. The course is is designed for current or future senior managers in both small and large manufacturing businesses, such as middle or senior managers, heads of departments or divisions, directors and CEO’s. Please check out the story below for full details on how to take part.
The July edition of the MTA Business Survey will be closing on Monday, but there is still just time to get your reply back to us, follow the link and take part http://www.mta.org.uk/mta-business-survey-july16.
The main ecconomic data set released this week was the UK’s manufacturing output figures which confirmed that the 2nd quarter of the year had been a good one for the sector; it started very strongly in April and although there was a slowing in May and again in June, both of these months would have been reasonable had it not been for the strength of April. This was especially true for the Automotive industry where output in June was the 3rd highest monthly total ever recorded - it was only beaten by the levels seen in April and May! We have also had the latest summary of business conditions from the Bank of England’s Agents which included a post-Referendum view of the likely impact of the vote; inevitably it paints a fairly gloomy picture for turnover and capital spending, although it also highlights what may turn out to be a silver lining for manufacturing as export activity is being boosted by the fall in Sterling.