Good morning and welcome to this week’s Friday Brief.
We would like to start this week’s edition with a quick reminder that the July MTA Business Survey remains open for your input via the online form at www.mta.org.uk/mta-business-survey-jul19. It’s really important that we can take the temperature of the industry so that we’re well informed about what is going on in these uncertain times. Please take a few minutes to fill it.
The universal machine tool interface (umati) has been under development over the past few years, what was first rather vaguely designed as an interface standard is now being meaningfully firmed up. The below story has interviews with three of the experts who have been part of developing umati and they explain what visitors to EMO Hannover can expect to see when it is launched at the exhibition.
INDUSTRY will be held from 29 to 31 October 2019 in Fira de Barcelona, Spain - The 4th edition of Industry is aimed to showcase the latest technology, meet the challenges related to the need to create new and more competitive industrial solutions. To find put more details please see within the Brief.
Shivan Morkar - AMRC Training Centre Apprentice of the Year - is eager to use the knowledge gained from his visit to Siemens’ industry-leading Smart Factory in Germany to help improve productivity at his own workplace back home in Leeds. Check out what Shivan found out on his trip below.
In the modern workplace, disability should not be a barrier to recruiting great employees. Our partners, Citation, have put together a free guide on how to create an inclusive recruitment process. See below for more details.
DIT have just released their Latin America & Caribbean (LatAC) activities upcoming in the UK – by country and sector. If you are interested in these markets, check out the story as they have scheduled events all the way through to October.
Brian Foster, Head of Industry Finance at MTA members Siemens Financial Services in the UK has provided us with a blog post this week on investing in Industry 4.0 technology.
The economic headlines this morning make rather gloomy reading, although the underlying figures continue to be distorted by Brexit (or the lack of it). The UK economy contracted in the 2nd quarter with very little growth in services being outweighed by declines in both manufacturing and construction which means that the economy has its slowest annualised growth rate for 7 years. The manufacturing data is where the greatest distortions from Brexit are seen with the stock-building boost in the 1st quarter unwinding at the same time as the Automotive industry changed the timing of its maintenance shutdowns. We can, therefore take the headline figure of output being -2.3% down on the previous quarter with a pinch of salt, but there are also clear signs of an underlying weakness in the sector. The limited data on investment in the GDP figures also suggests that the downward trend we saw in the 1st quarter is continuing, with a further fall in spending on “ICT and other machinery”.
That’s all for this week, we’ll be back next Friday with more industry news and views, until then have a great weekend from everyone at the MTA.