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Friday Brief Archive

2020

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Friday Brief

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

Firstly, we would like to remind members that the MTA AGM will take place on 3rd December at Cutlers' Hall in Sheffield. As well as the usual AGM Business, the event will have the theme of business improvement and feature talks from Margaret Wood, MBE, Chairman, ICW (UK), Christopher Jewitt, Chairman, Footprint Sheffield and Dr. Bryan Allcock, FIMMM, Group CEO, TRL9 Limited. The AGM will be followed by a 3 course lunch, for details on how to secure your place at this event please follow the link https://www.mta.org.uk/event/mta-agm-2019.

We will be closing the October edition of the MTA Business Survey early next week but there is still time to get your return back to us.  The online form at www.mta.org.uk/mta-business-survey-oct19 is still available, so if you have not done so already, please take a couple of minutes to fill in the survey.

Smart IoT is taking place 11th-12th March 2020 at ExCeL London and the MTA have entered into a partnership with the show meaning Members get a discount at the show. Find out more in the Brief.

A pledge by Boris Johnson to boost R&D spending has highlighted uncertainty over our involvement in future EU-led R&D, while civil servants intensify preparations for trade talks in anticipation of leaving the EU early in 2020. Details below.

The BSI Standards Conference & Awards is an opportunity to enable cross-sector knowledge sharing and networking it takes place at Great Cumberland Place (@ Hard Rock Hotel) on 21st November. To find out how to attend see below.

Staying with BSi the MTA technical team recently attended the ISO TC39 SC2 meeting for the development of standards for the test conditions for metal cutting machine tools. The meeting was held in the UK for the first time since 2013 at the BSI headquarters in Chiswick, London.

A new list of harmonised standards under the Machinery Directive was published on 19 March 2019. The list withdrew the references of three standards on mechanical, hydraulic and pneumatic presses (EN 692, EN 693 and EN 13736). The withdrawal of references was done without foreseeing any transition period. This meant that products manufactured using these standards could not benefit from the presumption of conformity with the requirements of the Machinery Directive with an immediate effect as from 19 March 2019. More details are available within the Brief.

The UK manufacturing sector managed to avoid a recession with output unchanged on the weak level that it registered in the 2nd quarter.  There is some good news with the capital goods sub-sector showing some growth, although a lot of this was the recovery in the Automotive sector which was artificially low in the 2nd quarter because of the moving of maintenance shut-downs to April in anticipation of the original Brexit date.  The Aerospace industry data continues to be a puzzle in showing a slow by consistent fall in output while the Machinery industry saw output fall again and is now at its lowest point since the end of 2016.

In other economic news this week, the first estimate of the UK economy in the 3rd quarter shows a reasonable quarter-on-quarter growth rate of +0.3%, but as this was slower than last year, the economy was only +1.0% larger than at the end of the 3rd quarter in 2018 – its slowest growth rate since the 1st period of 2010.  Industrial production in Europe was flat in September and the pace of decline over the past 12 months has eased, but is still negative.  Within this total, the capital goods sub-sector is doing a little better with some growth in September.

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.

MTA Partners with Smart IoT 2020

MTA Partners with Smart IoT 2020

Smart IoT, taking place 11th-12th March 2020 at ExCeL London, is excited to announce a partnership with the MTA (Manufacturing Technologies Association) at the show next March. This underlines the manufacturing and industrial focus within the show, which is led by high level content and key solution providers.

ISO TC39 SC2 Update

ISO TC39 SC2 Update

The MTA technical team recently attended the ISO TC39 SC2 meeting for the development of standards for the test conditions for metal cutting machine tools. The meeting was held in the UK for the first time since 2013 at the BSI headquarters in Chiswick, London. The meeting was well attended, with 11 countries represented, and with MTA members, the University of Huddersfield and Renishaw, representing the UK position during the various discussions.

PM to Double R&D Spend

PM to Double R&D Spend

Prime minister Boris Johnson says he will double public R&D spending to £18 billion by 2025, to off-set the loss of EU funding after Brexit.  His pledge, during intensive political campaigning in the West Midlands, has highlighted uncertainty over the extent of future UK involvement in EU-led projects, including the Horizon Europe, the seven-year, £100 billion programme due to start in 2021. 

Brexit trade preparations intensify

Brexit trade preparations intensify

The new government is going full steam ahead with preparations for trade negotiations early in the new year, anticipating that, with an overall majority, its Withdrawal Agreement Bill will be passed quickly into law and the UK will leave the EU.  It is important that it has a clear view of what matters most to business sectors, for example in terms of Rules of Origin, and the MTA will be engaging further with officials. 

BSI Standards Conference & Awards

BSI Standards Conference & Awards

The BSI Standards Conference & Awards is an opportunity to enable cross-sector knowledge sharing and networking.

Don't miss the chance to meet our experts in our interactive breakout sessions, an opportunity for you to discuss, debate and make recommendations/ influence a particular area of development. Due to the popularity of this year's event, we have had to increase the number of places available.

Session grouped into themes/tracks of:

A successful resolution on Harmonised standards for presses

A successful resolution on Harmonised standards for presses

A new list of harmonised standards under the Machinery Directive was published on 19 March 2019. The list withdrew the references of three standards on mechanical, hydraulic and pneumatic presses (EN 692, EN 693 and EN 13736). The withdrawal of references was done without foreseeing any transition period. This meant that products manufactured using these standards could not benefit from the presumption of conformity with the requirements of the Machinery Directive with an immediate effect as from 19 March 2019.

UK MANUFACTURING OUTPUT, 3rd QUARTER 2019

UK MANUFACTURING OUTPUT, 3rd QUARTER 2019

UK Manufacturing Output, September 2019:  Publication of the September figures by the Office for National Statistics (ONS) completes the picture for the 3rd quarter of the year and we will focus on this period with only occasional mentions of the monthly data.  The headline shows that total manufacturing output was the same as in the 2nd period of the year;  the significance of this is that it means that the sector avoided a recession by the narrowest of margins having seen output fall by nearly -3% in the 2nd quarter, thanks mainly to the r

ECONOMIC DATA THIS WEEK

ECONOMIC DATA THIS WEEK

UK GDP, first estimate for 3rd Quarter 2019:  The first estimate for the UK economy in the 3rd quarter from the ONS shows growth of +0.3% compared to the previous quarter.  The UK, therefore, avoided the recession which had been a possibility following the fall in the size of the economy in the previous quarter.  However, as this was weaker than at the same time last year, the annualised rate of growth for the UK economy fell to +1.0%, its slowest pace since  the 1st period of 2010.