Good morning and welcome to this week’s Friday Brief.
Headlines the last few days have been dominated with details of the Chancellors budget from Wednesday and we've got details of what it means for MTA members. We have a comprehensive round up below including details of the new 'super-deduction'.
At a recent meeting of the MTA’s International Trade Committee, it was noted that relationships with Europe had shifted significantly since Brexit, with many EU companies feeling the UK no longer wanted to do business with them. To address this, MTA CEO James Selka wrote an open letter to all CECIMO Members stating the UK’s keen intend to continue trading with European businesses, and received a response from their President, further details in the story below.
In Brexit news this week we have two key pieces of information in the item below. The first concerns the Field Force Support Programme which is offered by the Cabinet Office to support businesses that trade over £250,000 of goods with the EU each year. The second is an explainer document for those who travel to work in Europe.
We also have two pieces on Northern Ireland trade this week. Firstly, regards the increasing tensions with the EU whilst the second focuses on HMRC guidance on tools and supplies to Northern Ireland.
The Advanced Propulsion Centre’s Technology Developer Accelerator Programme (TDAP) has just opened for new Expressions of Interest. Firms can apply for up to £135,000 of grant matched funding, backed by the business department (BEIS). Find out more in the story below.
Please be advised that a New Work Item Proposal has been loaded to the BSI Standards Development Portal for comment. We hope this will assist in increasing awareness of the Standards Development Portfolio and members are urged to take a look.
euspen’s 14th International Conference and Exhibition on Laser Metrology, Coordinate Measuring Machine and Machine Tool Performance, (LAMDAMAP 2021) is taking place next week (10-11th March) online. You can register your free space and find out more below.
Made Smarter have kindly shared their latest newsletter with us and there are more updates from the programme below.
The Health and Safety Executive’s (HSE) latest inspection programme will run from May to September this year targeting fabricated metal businesses across GB to ensure duty holders understand the risks posed by welding fumes and metalworking fluids, plan their work and have adequate control measures in place to protect workers’ health. MTA Member Filtermist are offering free, no obligation site visits.
The latest Purchasing Managers Index (PMI) data for manufacturing showed something of a mixed picture with the UK and the Euro-zone (except Greece) higher than in January while the rest of Europe, Asia and the Americas featured a mixture of up’s and down’s in the month-on-month trend. There is also good news that in a number of places, the improvements were led by the investment goods sectors, but we are also still seeing distortions to the trends from lengthening supply chains and we explore this in our feature article this week.
We have also received the latest data set for the Contract Price Adjustment Service that we subscribe to on behalf of MTA members; however, very little use is now made of this service and we are reviewing whether or not this should be maintained, so please let us know if you foresee a use for this service.
A reminder also that the MTA Business Survey for February is open for your input at www.mta.org.uk/mta-business-survey-feb21 and we would encourage all members to participate in this important survey – it should only take a couple of minutes.
That’s all for this week. We wish you all a good weekend.