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Friday Brief Archive

2019

Week 51

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Newsletter Listing intro for week 32

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 jfudge@mta.org.uk 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.

Do you have what it takes to be a manufacturing leader?

Do you have what it takes to be a manufacturing leader?

Uncertainty over Brexit, changes to Government and challenges to our economy all point more than ever to the need for strong leadership in manufacturing.

The Manufacturing Institute’s MSc in Manufacturing Leadership is accredited by Lancaster University Management School – ranked in the UK’s top ten and among the world’s top 100 business schools.

Inter-Association Golf Day Results

Inter-Association Golf Day Results

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.

This staple of our events calendar sees the MTA pit their wits against rival associations the EAMTA and the GTMA on the golf course. The hotly contested event sees three main trophies up for grabs as well as a host of individual honours to play for in both men and women’s categories.

Exhibit at MAKTEK Eurasia in Istanbul this October

Exhibit at MAKTEK Eurasia in Istanbul this October

The MTA is working hard to raise our member’s profiles in key export markets and we’d like to draw your attention to Maktek Eurasia, which is a 6 day event being held from 11th - 16th October 2016 at the Tuyap Fair Convention & Congress Centre in Istanbul, Turkey. This event showcases products like Plant and Machinery equipment industries and is a major international show.

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

UK Index of Production, 2nd Quarter 2016:  With the release of the data for June by the Office for National Statistics (ONS), we have the full picture for the 2nd quarter to put alongside the GDP figures released a couple of weeks ago.  Total manufacturing output was +1.8% higher than in the 1st period of the year and +1.3% above the level of a year earlier.  While we prefer to focus on the quarterly data, it is also useful to note that April was the strongest month of the period - indeed it was the best since before the recession - both May