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Friday Brief Archive

2019

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2018

Week 51

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2017

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Friday Brief

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

Firstly, we’re pleased to announce that The Close Brothers SME apprenticeship programme - supported by the AMRC Training Centre and the Manufacturing Technologies Association has been extended.  This is the fourth year of the Close Brothers SME Apprentice programme, which will help pay for 20 apprentices in the Sheffield City Region area to learn their skills at the AMRC Training Centre in Rotherham. The scheme will help smaller businesses in the region secure the skills they need for future growth. Find out more below.

150 Chief Executives, including the CEO’s of some of Britain’s biggest engineering employers as well as those of some of its most innovative smaller companies have today written to the Prime Minister to express their concern about the possibility of a ‘No deal’ scenario. The signatories make it clear that this outcome would cause enormous disruption to UK industry and risk substantial economic damage to the UK.

The SoPHE Young Engineers Award is given annually each November at the Society of Public Health Engineer’s dinner in London.  The aim of the award is to provide a focus on the next generation of engineers within the field of public health engineering. Find out how you can get involved below.

The International Manufacturing Technology Show is one of the largest industrial trade shows in the world, and it will take place in Chicago, Illinois, USA from 10 to 15 September 2018. MTA members get free admission to the exhibition using the discount code within the Brief. So, if you’re attending please let know by email James.fudge@mta.org.uk.  

The European Parliament released a non-binding resolution about 3D printing on 3 July, questioning the suitability of current EU regulations. Europe needs a more measured approach to avoid premature regulation that could negatively impact innovation in the EU.

On July 17, at the Japan-EU summit in Tokyo, Japan and the EU signed the free trade agreement, for which an agreement in principle was reached last year. Although this agreement sends a message to the world that the EU is shaping the global trade and advocates for fair and open trade, we do not believe it will be very helpful for the European machine tool manufacturers. Find out more below.

The ONS recently published a raft of data on productivity and we take a look at the overall highlights in the economic news section this week.  The UK continues to see productivity growing at a much slower rate than before the recession, although this focus tends to be on the whole economy series;  manufacturing seems to do better, but also has a much more volatile trend, mainly from the output side of the productivity equation (output per hour worked).  The news item includes a link the ONS web-site which has a quick calculator for companies to see how their productivity compares with the rest of the economy.  Also this week, the good news over growth in the US market for machine tools and cutting tools continues, with both series now running at more than +10% on a rolling 12-month trend.

That’s all for this week, we’ll be back next Friday with more industry news, until then enjoy your weekend. 

150 Industry Leaders write to Prime Minister to express concern over a ‘No deal’ scenario

150 Industry Leaders write to Prime Minister to express concern over a ‘No deal’ scenario

150 Chief Executives, including the CEO’s of some of Britain’s biggest engineering employers as well as those of some of its most innovative smaller companies have today written to the Prime Minister to express their concern about the possibility of a ‘No deal’ scenario. The signatories make it clear that this outcome would cause enormous disruption to UK industry and risk substantial economic damage to the UK.

SoPHE Young Engineers Award

SoPHE Young Engineers Award

The SoPHE Young Engineers Award is given annually each November at the Society of Public Health Engineer’s dinner in London.  The aim of the award is to provide a focus on the next generation of engineers within the field of public health engineering.

Submit your entry before 7 September 2018 - full details here

IMTS 2018

IMTS 2018

The International Manufacturing Technology Show is one of the largest industrial trade shows in the world, and it will take place in Chicago, Illinois, USA from 10 to 15 September 2018.

More than 115,000 industrial decision-makers, including many of your competitors, attend IMTS - The International Manufacturing Technology Show to get ideas and find answers to their manufacturing problems. At IMTS, you will see new technology, have access to top-notch industry education, and connect with your peers.

EU-Japan FTA

EU-Japan FTA

On July 17, at the Japan-EU summit in Tokyo, Japan and the EU signed the free trade agreement, for which an agreement in principle was reached last year. Although this agreement sends a message to the world that the EU is shaping the global trade and advocates for fair and open trade, we do not believe it will be very helpful for the European machine tool manufacturers.  

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

UK Productivity, 1st Quarter 2018:  The ONS recently released a whole raft of data on productivity, with the headline being an improvement of +0.9% in output per hour (the best way to measure productivity) compared to the 1st period of 2017 for the whole economy;  for the manufacturing sector, productivity was +0.7% better than a year earlier.  The ONS notes that this is still slower than the typical pre-recession rate of productivity growth.

Financial support for employers who want to recruit next generation of engineers

Financial support for employers who want to recruit next generation of engineers

Employers will be given financial help towards taking on apprentices under a scheme from Close Brothers to recruit and train the next generation of advanced engineering workers.

The Close Brothers SME apprenticeship programme - supported by the AMRC Training Centre and the Manufacturing Technologies Association - is part of the company’s long established commitment to supporting small and medium sized enterprises who might otherwise not be able to afford to take on an apprentice.