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Friday Brief Archive

2021

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 34

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 15

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

Week 01

2020

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 34

Week 33

Week 13

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 15

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

Week 01

2019

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 34

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 15

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 07

Week 03

Week 02

Week 01

2018

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 37

Week 36

Week 35

Week 34

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

Week 01

2017

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 15

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

Week 01

2016

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 34

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

Week 01

2015

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 15

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

2014

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 03

Week 02

2013

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 34

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 17

Week 16

Week 15

Week 14

Week 13

Week 12

Week 11

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Week 02

Week 01

2012

Week 51

Week 50

Week 49

Week 48

Week 47

Week 46

Week 45

Week 44

Week 43

Week 42

Week 41

Week 40

Week 39

Week 38

Week 37

Week 36

Week 35

Week 33

Week 32

Week 31

Week 30

Week 29

Week 28

Week 27

Week 26

Week 25

Week 24

Week 23

Week 22

Week 21

Week 20

Week 19

Week 18

Week 15

Week 10

Week 09

Week 08

Week 07

Week 06

Week 05

Week 04

Friday Brief Intro

Good morning and welcome to this week’s Thursday brief. No, that’s not an April Fool, but as it's Easter weekend we wanted to remind you that our office will be closed from 17.00 today, reopening on Tuesday morning.

It has come to our attention that, once again, there are a number of companies purporting to have an MTA database for sale. As a reminder, we do not share either the MTA Membership or MACH database with any third parties. These companies do not have access to this data and as well as sending them cease-and-desist emails have also notified cyber aware.

Monday saw the start of what we hope will be the slow way out of lockdown.  Now that people are able to meet with 1 other household or 6 people in an outside setting, we wanted to remind all our members regarding Lateral Flow Tests which you can request free of charge to be delivered to your door.  The lateral flow test kits are for use at home and take 30 mins to provide a result. You can order these test via https://www.gov.uk/guidance/rapid-lateral-flow-testing-for-households-and-bubbles-of-school-pupils-and-staff.  

Similarly, the government in England has extended until the deadline for applications for work-place testing kits until 12th April.  Firms in England, with ten or more employees, can apply to get rapid lateral flow testing kits for employees to do regular testing at home, having collected kits from their employer. Visit https://www.gov.uk/get-workplace-coronavirus-tests for more details.

Chancellor Rishi Sunak and business secretary Kwasi Kwarteng have written an open letter to businesses, explaining how the 2017 Industrial Strategy (IS) is morphing into “our plan for growth”. The letter follows publication on March 3rd of Build Back Better – our plan for growth on Budget Day, March 3rd, and criticism of dropping the IS and the accompanying Industrial Strategy Council, which has been replaced by a larger Build Back Better Council. You can find a summary of the key points in the story below. 

UK Export Finance’s new General Export Facility, or GEF, is expected to be game-changer in its support for SMEs. UKEF and the Engineering and Machinery Alliance are holding a webinar in April to help to launch the GEF. The product has been available from certain banks over the past month or so, but not actively promoted. 

The MTA have recently signed up to the Good Business Charter, which is a simple accreditation where organisations in the UK can sign up to in recognition of responsible business practices. It measures behaviour over 10 components and a company must meet commitments in each of these 10 areas to receive GBC accreditation. Further details on how you can also sign up can be found below.

We would like to welcome our latest Member Conexiom into MTA Membership. Conexiom is a SaaS automation solution which helps customer service, operations, and financial teams transform their digital documents and manual processes into touchless outcomes with 100% data accuracy.  You can find out more about the company below.

The MTA have also been notified of a new standard under review regarding Collaborative robotic devices. Please see below for more details and how to comment.

MTA Members have been given the chance to get free tickets for the Manufacturing Data Summit launches online on 1-2nd June. This is an opportunity for digital transformation leaders across Europe to come together and join forces with 100’s of experts from across the manufacturing industry. Details on how to secure your free space is below.

The publication of the UK National Accounts for the 4th quarter of 2020 has seen some relatively large revisions to the quarterly pattern of GDP for last year although the annual growth rate only changed marginally and now stands at -9.8% - the worst year for three centuries.  More importantly, this report gives us the industry level breakdown of the investment data, although some rather strange figures which remain for 2019 mean that we only saw a relatively small fall for both manufacturing investment and for the sub-set of the Engineering & Vehicles industries in 2020.  We explore this data in our economic news article this week which also includes a look at the European Commission’s Economic Sentiment Index which has just got back to its pre-pandemic level.

The publication of the UK National Accounts for the 4th quarter of 2020 has seen some relatively large revisions to the quarterly pattern of GDP for last year although the annual growth rate only changed marginally and now stands at -9.8% - the worst year for three centuries.  More importantly, this report gives us the industry level breakdown of the investment data, although some rather strange figures which remain for 2019 mean that we only saw a relatively small fall for both manufacturing investment and for the sub-set of the Engineering & Vehicles industries in 2020.  We explore this data in our economic news article this week which also includes a look at the European Commission’s Economic Sentiment Index which has just got back to its pre-pandemic level.

While we don’t have all of the PMI data yet, it is clear that the general picture in Europe is one of accelerating growth in the manufacturing sector (although with some exceptions) but a more muted situation in Asia.  The UK PMI for the manufacturing sector was at its highest level in 121 months as a result of genuine growth in both orders and output coupled with the perverse effect of longer delivery times in the calculations.

That’s all for this week. We would like to take this opportunity to wish every a very happy Easter.

ECONOMIC NEWS

ECONOMIC NEWS

UK National Accounts, 4th Quarter and 2020:  The Office for National Statistics (ONS) published the UK National Accounts for the 4th quarter of 2020 and with that have revised estimates for GDP growth throughout 2020.  The immediate headline is that growth in the 4th quarter has been increased to +1.3% (it was +1.0%) - this is the strongest quarterly growth rate among the major European economies and ahead of the USA, but behind both Canada and Japan (although both of those had more modest growth in the 3rd quarter).

MTA Signs up to Good Business Charter

MTA Signs up to Good Business Charter

The MTA have recently signed up to the Good Business Charter which is a simple accreditation where organisations in the UK can sign up to in recognition of responsible business practices.  It measures behaviour over 10 components:  real living wage, fairer hours and contracts, employee well-being, employee representation, diversity and inclusion, environmental responsibility, paying fair tax, commitment to customers, ethical sourcing, and prompt payment.

New MTA Member: Conexiom

New MTA Member: Conexiom

A big welcome to the MTA Latest Member Conexiom. Conexiom is a SaaS automation solution which helps customer service, operations, and financial teams transform their digital documents and manual processes into touchless outcomes with 100% data accuracy.  

Standard Under Review | Collaborative Robotic Devices

Standard Under Review | Collaborative Robotic Devices

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.  

Any comments received will be submitted to AMT/10 – Robotics, for consideration when deciding the UK response to ISO.  

Proposal 

‘Plan for growth’ in open letter to businesses

‘Plan for growth’ in open letter to businesses

Chancellor Rishi Sunak and business secretary Kwasi Kwarteng have written an open letter to businesses, explaining how the 2017 Industrial Strategy (IS) is morphing into “our plan for growth”.

The letter follows publication on March 3rd of Build Back Better – our plan for growth on Budget Day, March 3rd, and criticism of dropping the IS and the accompanying Industrial Strategy Council, which has been replaced by a larger Build Back Better Council.  

Manufacturing Data Summit launches online on 1st - 2nd June!

Manufacturing Data Summit launches online on 1st - 2nd June!

Members have been given the chance to get free tickets for this online event in June. This is an opportunity for digital transformation leaders across Europe to come together and join forces with 100’s of experts from across the manufacturing industry.  

Throughout the 2-day program, attendees will learn how to leverage new technologies, and hone their skills on topics including AI, IIoT, Machine Learning, Big Data and more.  

PURCHASING MANAGERS’ INDEX

PURCHASING MANAGERS’ INDEX

Because of the publishing schedule we don’t yet have the PMI’s for the Americas, or for India and the ASEAN region as these two are not published until next week.  As a result, the global manufacturing PMI is not complete, so we will focus on the data that we do have - in all cases this refers to the PMI for the manufacturing sector.