Good morning and welcome to this week’s Friday Brief.
This week saw the Manufacturing Technologies Association support the PPMA BEST (Business Education, Skills and Training) STEM day to encourage next generation of engineers. The event took place at the Museum of Science and Industry, in Manchester, with well over 100 year 10 students from across the Greater Manchester region. See below for more details.
The Arkwright Scholarships Trust has conducted its annual award of prestigious Scholarships to future leaders of the engineering profession. A record 413 sixth form Scholarships have been awarded this year at Ceremonies in London and Edinburgh. You can find more out about this within the brief.
Are you a manufacturer looking to launch a new product? Are you trying to break into new markets? This half day workshop delivered by MTA associate member Bridge PR will take place on 14th December, in Leamington Spa. The event offers practical guidance and advice for manufacturing businesses that are looking to growth by diversifying.
The MTA is supporting the National Sales Conference which brings together Sales Directors, Heads of Sales, Sales Managers and Sales Professionals on 30th November at the RICOH Arena. This event will help transform your sales team and in turn your businesses profitability. Find out the details of the day and the discounts that are available to MTA members who attend.
City and Financial Global is launching the UK Innovation Summit, which will take place in London on November 29th, 2017, to provide companies with a practical, actionable guide to improving their productivity through innovation.
There was further evidence of the divergence in the UK economy with the manufacturing output data showing strong growth in most parts of the sector, led by the Capital Goods industries, while the UK’s GDP growth is lagging behind that in Europe where the engine that is Germany is pulling the economy to faster growth. The UK manufacturing output data was mostly good news - the exception being a continued stagnation of the Metal Products industry - and although European industrial activity dipped in September (compared to August), the underlying trend remains upwards and this may well be a seasonal adjustment issue. The Bank of England’s Agents’ summary of business conditions was also generally positive and productivity in the whole economy increased thanks to a combination of stronger output and by fewer hours being worked. The only negative set of data was in the UK trade figures where the trade deficit expanded in the 3rd quarter as imports rose and exports fell.
That’s all for this week, we’ll be back next Friday with more industry news, until then have a great weekend from everyone at the MTA.