Good morning and welcome to this week’s Friday Brief.
The MTA are always looking for ways in which we can bring you new and useful services to help make you more competitive and successful. Therefore, we are pleased to announce that we will be launching a new service, allowing you as a full MTA member, read-only access to the MTA’s standard list which contains up to 200 standards. Find out more about this exciting development below.
We’re hosting a breakfast networking event at DMG Mori in Coventry in June to explain the finer points of GDPR. So, if you’re interested in finding out more about this free event please email Elisha DaCosta in the MTA office at elisha.dacosta@mta.org.uk.
The MTA will be attending the AMB show in September to give support to its members. As the AMB show is completely sold out, the MTA, who have an information stand at the show in Hall 6 in the Gallery Area, are offering companies a panel where they can promote their businesses as co-exhibitors. For further information on the MTA Package contact: Karen Finegold, on kfinegold@mta.org.uk.
We are delighted to announce that MTA members Carfulan Group has been selected to appear in the London Stock Exchange's “1,000 Companies to Inspire Britain' report 2018, a publication that celebrates the nation's fastest-growing and most dynamic small to medium-sized businesses.
On the 12th June the Italian Trade Agency present a forum looking at Italian and British manufacturing trends. This event takes place at Imperial College in London and promises to be a very informative day. For details on how to attend and the agenda read the story below.
One of the UK’s first business innovation centres, based in Yorkshire, is celebrating its fifth anniversary this week, and has officially launched the Huddersfield Innovation and Incubation Project (HIIP) as it looks ahead to the future.
We have a brief summary of the presentations from the MTA’s Spring Economic Update; although the UK economy overall is relatively weak, manufacturing and, in particular engineering, is doing well, our forecasts have been upgraded for 2018. We however are less optimistic about 2019 which looks likely to be flat. There was also a presentation about E-mobility; given that this concludes that hybrid vehicles of various types will be more common than battery only electric vehicles, we are using tis wider term rather than “electric vehicles”. You can read more about this in the article below which also has a link to download the presentation from our website.
The main piece of economic news this week is the CBI Industrial Trends Survey - although this points to a slowing of growth, it is no more than this and there are no portents of a fall in activity. It is also worth noting that the key industries of Machinery and Aerospace are still leading the way in the CBI survey. We also take a quick look at the data for the UK’s trade in goods in the 1st quarter; these key industries are also leading the way in the reduction of the trade deficit in goods that was recorded in the latest data.
That’s all for this week have a great bank holiday weekend and we’ll be back next Friday with more industry news.