Welcome this week’s Friday Brief.
We start, unfortunately, with an all too predictable warning that as MACH approaches, scamsters are trying to sell companies the MACH registration list. The MTA does not sell or release the MACH registration list, if anyone tells you that they can get it for you, they are lying and trying to con you. Please let us know if you are being targeted so that we can send appropriate ‘cease and desist’ letters.
On to happier MACH News, we can confirm that the Department for International Trade have confirmed that they will be at the show with a stand promoting export and their advice services around the world to visitors and exhibitors alike.
One area which is looking increasingly likely to be a source of controversy in trade negotiations is that of Standards and regulation. Now that the Government has conceded that there will be new frictions in our trading relationship with the EU we, and partners like BSI, are keen to understand some of the problems that might arise by reviewing those that already exist in markets like the US (at both national and state level), Canada, Australia and Japan. If you’ve got an example of something tiresome what you have to deal with, or even something that has shut you out of a market entirely, please email the MTA’s Head of External Affairs, Paul O’Donnell, at email@example.com and let him know.
TRS and EAMA are holding a reception at the House of Commons on March 18th, 4-6pm. TRS has done a brilliant job in helping to retain engineering skills within the industry following major redundancy programmes. More recently, it has added a resource for recruiting new graduates. The website is free-to-use for SMEs and is therefore a very attractive resource for recruitment. If you are interested in finding out more about TRS and attending the reception, please let Paul O’Donnell know at firstname.lastname@example.org .
There was news out of CECIMO this week that Luigi Galdabini has been appointed as General Commissioner for EMO 2021, which will of course be held in Milan. He will have the task of supervising the organisation of EMO MILANO 2021 and participating in the promotion of the event through a roadshow of press conferences, which will reach the main capital cities of the world industry.
As half term week draws to a close in much of the country, and is about to begin in some parts; we have a free guide from our partner, Citation, outlining the key responsibilities of employers when it comes to managing annual leave, request for which always spike at this time of year.
We’ve got news from the HVMC about a £20 million project to develop light-weight propeller blades that will help the UK aviation sector reduce its carbon footprint and noise emissions at airports, is being carried out by composite researchers at the University of Sheffield Advanced Manufacturing Research Centre, the National Composites Centre and the manufacturing Technologies Centre working with Dowty Propellors, more details on the future of low carbon aviation below.
There is a potpourri of economic items this week, led by the rather gloomy GDP data for the European Union and especially for some of the major economies on the continent. Although there was a tiny amount of growth across the area as a whole, the German economy stagnated in the 4th quarter of 2019, with France and Italy both contracting. We also have some provisional machine tool data from Germany and Italy for 2019 (and separately some analysis of the German data from our friends at VDW) along with a first look at the UK figures for machine tool exports and imports last year - the latter shows growth of 5½% in exports while imports were flat, reducing the trade deficit to £65.3 million for 2019, the smallest deficit since 2013. On the subject of international trade we also take a look at the overall trade data for the UK economy , although these are distorted by movements of precious metals, a category where most of the world’s trade goes through London and trends to make a nonsense of the overall data. Finally this week, there was a small improvement in UK labour productivity at the end of 2019, although this is for the whole economy and we don’t yet have figures for manufacturing (which has tended to be worse recently).
That’s all for now, have a good weekend.