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Friday Brief Archive

2019

Week 51

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Week 01

2018

Week 51

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2017

Week 51

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2016

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2015

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Week 51

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2013

Week 51

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2012

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Friday Brief

​Good morning and welcome to this week’s Friday Brief.

We’d like to remind all members that we will be launching a new service, allowing you as a full MTA member, read-only access to the MTA’s BSI standard list which contains up to 200 standards. Find out more about this exciting development below.

A visit of senior Boeing executives has taken place at the University of Sheffield Advanced Manufacturing Research Centre (AMRC), as General Manager of Boeing Portland Dave Hyem and his team came to see the research and development work that will support operations at Boeing Sheffield when it opens later this year. Find out more about this story within the Brief.

On the 31st of May 2018, the US administration announced that additional duties on imports of steel (25%) and aluminium (10%) from the EU and other countries will be imposed. We have some information on the EU’s response below.

MTA Business Survey

A quick reminder that the MTA Business Survey for May is still open – the link to the on-line form is in the article below.

Economic News

The main economic news this week is a look at the PMI data that was published last Friday, just after our deadline.  In general, the trend of slower pace of what remains significant expansion of activity in manufacturing has continued, although the UK was among a small group of countries that saw the index edge up in May.  There is some concern in the UK data that the increase in production that helped generate this small improvement was largely put into increased stocks, but we need to wait a little longer to see if this is a one-off issue.  We also report on some structural data on the UK industrial sectors released by the ONS (although this is only up to 2016) and there is a link to access the papers that were presented to the recent European Cutting Tools Association (ECTA) Conference.

Boeing flies into Sheffield to see AMRC research and development in action

Boeing and NIKKEN Executives shaking hands on the deal
Boeing flies into Sheffield to see AMRC research and development in action

A visit of senior Boeing executives has taken place at the University of Sheffield Advanced Manufacturing Research Centre (AMRC), as General Manager of Boeing Portland Dave Hyem and his team came to see the research and development work that will support operations at Boeing Sheffield when it opens later this year.  

The facility is the first to be built in Europe for aerospace giant Boeing, who chose Sheffield based on its longstanding partnership with the AMRC, its skilled workforce and investment in research, training and development. 

GDPR Update Breakfast Meeting

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.

Economic Data This Week

Economic Data This Week

PMI, UK and Euro-zone, May 2018:  The UK manufacturing sector Purchasing Managers Index (PMI) edged up slightly, triggering a round of “good news” headlines;  however, the detailed results are still something of a mixed bag.  The most important point is that despite falling from the peak we saw last November, the UK manufacturing PMI remains firmly in positive territory.