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Friday Brief Archive

2020

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Friday Brief

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.

NPL MMN Event - Launch Into Space and Nuclear

NPL MMN Event - Launch Into Space and Nuclear

We're pleased to announce that the July MMN event will be held in corporation with the EEF-NDI

The UK space industry is a success story for manufacturing and an area for potential growth within the UK.

The UK is getting the go-ahead to start building its own space launch sites, so it can launch rockets and satellites from a UK-based “Spaceport”.

Innovation Centre celebrates five years and launches new technology offering

Innovation Centre celebrates five years and launches new technology offering

3M BIC turns five and officially launches the Huddersfield Innovation and Incubation Project

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.

NETWORKING EVENT GDPR UPDATE BREAKFAST MEETING

NETWORKING EVENT GDPR UPDATE BREAKFAST MEETING

GDPR Update... things you need to know ‘GDPR’ replaces the existing data protection directive that was introduced in 1998 and has been created by the European Parliament, the Council of the European Union and the European Commission to strengthen and unify data protection for all EU residents. GDPR addresses data protection rules for personal data export outside of the EU.

It will come into force for all organisations that handle the data of EU residents from the 25th of May 2018.

• What is GDPR

• The current GDPR landscape

• 12 Steps to take for compliance

MTA SPRING ECONOMIC UPDATE

MTA SPRING ECONOMIC UPDATE

Delegates to the MTA Spring Economic Update heard Andy Goodwin, Lead UK Economist at Oxford Economics, outline the weakness in the UK economy over the past couple of years, with the expectation of only a gentle recovery through to 2021.  Despite some help from an improved net trade performance, the weakness of consumer spending has lowered growth to +1.8% in 2017 and only +1.4% expected for 2018.

Manufacturing Technologies & Robotics: The future is now

Manufacturing Technologies & Robotics: The future is now

Machine Tools Forum

The presentation will involve the participation of Top Italian Manufacturers, the Italian and British academic world, end users, importers, distributors, specifiers of metalworking machinery and robotics with a focus on automotive, aerospace, composite materials, shipbuilding, and healthcare sectors.

PROGRAMME

9.00 Registration

9.30 Opening remarks

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

CBI Industrial Trends Survey, May 2018:  The latest results from the CBI survey suggest that manufacturing is, to use their headline, “losing steam”;  however, this only points to a levelling off of growth and the sector is still at a high level by historical standards.

The pace of growth in output was at its weakest for two years and the volume of total orders books also fell, although export orders did hold up quite well.  However, this is through to be temporary with respondents to the survey expecting output to accelerate over the next three months.

MTA members enter London Stock Exchange's ‘1,000 Companies to Inspire Britain' report 2018

MTA members enter London Stock Exchange's ‘1,000 Companies to Inspire Britain' report 2018

We are delighted to announce that MTA members the 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. The report lists companies that have shown consistent revenue growth over a minimum of three years, significantly outperforming their industry peers.