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Friday Brief Intro 16/04/2021

Good Morning and welcome to your weekly roundup of news.

We start this week with a welcome to MTA’s latest member; Marsh Commercial. Marsh have joined as an associate member and bring their knowledge of insurance and the wider industry, particularly focusing on the manufacturing and engineering sector.

We have some HR news from our support partner Croner on employment law changes which came into force on 1st April. They’ve also provided some useful information on managing annual leave now staff are returning to work after furlough. Further details can be found in both stories below.

There are also have details of an industrial placement wanted for a third year (MEng) Electronic and Electrical Engineering undergraduate. If you think you might be able to help, please contact James Fudge (james.fudge@mta.org.uk) for further details.

For those of you who may have not been to the AMRC in Sheffield, or would like to see latest developments, there is a chance to tour there facilities virtually on 12th May. Register your free space by clicking the link in the story below.

In other news this week, we have details of a new amendment to a BSI Standard focusing on Non-destructive testing of metal based additive manufactured parts. If your business deals in AM, find out how you can input below.

The Safety and Health Engineering Partnership (SHEP) are doing a survey this week on clean air in the workplace, a link to the survey can be found in the story below.

Also this week we have details of a supplement being produce by mediaplanet on 5G which will be carried in The Guardian. To find out more about how you can be included in this campaign please see below.

The headline news this week is our new forecasts for the UK machine tool and cutting tool market and, alongside that the Spring edition of the Global Machine Tool Forecast. For the UK we now expect only modest growth in the machine tool market in 2021 of around +6% but this accelerates to +14% for 2022; in contrast, we think that the cutting tools market will recover a little more quickly (around +8% this year) but then slow to +6% in 2022. A reminder also about our MTA Members only Spring Economic Update Webinar on Wednesday 28th April at which we will cover these new forecasts in more detail - you can register for this at https://www.mta.org.uk/event/spring-economic-update-0.

The economic news this week was led by the manufacturing output figures both for the UK and Europe and it is interesting to note a different pattern between the two regions. The monthly data for the UK showed a pick up in activity in February, although a weaker start to the year means that the rolling 3-month averages (which are a better measure as they take out some short-term fluctuations) were still slightly negative in the latest period. In Europe, January saw another spurt in activity followed by a dip in February, although seasonal adjustments to both series may be affecting these trends. We explore these issues and take a look at the latest GDP and trade data for the UK in this week’s economic news article.

Finally a reminder that the MTA Business Survey for March is still open for your input at www.mta.org.uk/mta-business-survey-mar21.

That’s all this week. See you next Friday and have a good weekend.

Six Employment Law Changes in April

Six Employment Law Changes in April

As well as managing the ongoing impact of COVID-19, you must also ensure your organisation complies with the latest employment law changes coming into force this month. Croner have produced the below pdf to remind you of the key changes which are:

1. IR35 rules in the private sector have now changed

2. National Minimum Wage rates have increased

3. Gender Pay Gap reporting is delayed for six months

4. New limits on employment statutory redundancy pay have come into force

5. There are new rates for family-related statutory pay

ECONOMIC NEWS

ECONOMIC NEWS

UK Manufacturing Output, February 2021:  The latest data for manufacturing output from the Office for National Statistics (ONS) showed an increase of +1.4% compared to January, leaving it -4.2% lower than a year earlier immediately before the impact of the Coronavirus pandemic.  This month-on-month improvement was repeated in 7 of the 13 sub-sectors, led by transport equipment (although as we will see later this was not evenly spread across this grouping) and computer, electronic & optical products.

NEW MTA FORECASTS

NEW MTA FORECASTS

We are pleased to announce the publication of our updated forecasts for the UK Machine Tool and Cutting Tool market and the release of the Spring edition of the Global Machine Tool Forecast.

SHEP Survey

SHEP Survey

As you are no doubt all too aware, it has now been 12 months since the UK’s first lockdown due to the COVID-19 pandemic.

SHEP, in partnership with Filtermist Systems Limited, is keen to find out if the experiences of the last year have changed the engineering community’s wider understanding of the importance of ensuring workplace air is clean and safe to breathe.

We have compiled an online survey consisting of 15 questions, most of which are a yes/no answer.

AMRC Composite Centre Virtual Tour

AMRC Composite Centre Virtual Tour

The University of Sheffield Advanced Manufacturing Research Centre (AMRC), is hosting a virtual tour of its Composite Centre facilities in collaboration with the Society for the Advancement of Material and Process Engineering (SAMPE). Tours will take place on Wednesday 12th May 2021 at 2pm.

The event will provide an overview of the state-of-the-art Composites Centre capabilities, combined with engineer engagement and a Q&A panel session.

New BSI Standards

New BSI Standards

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/8 – Additive Manufacturing, for consideration when deciding the UK response to CEN.

Proposal: CEN/TC 438 N 234 Additive manufacturing of metals — Non-destructive testing and evaluation — Defect detection in parts.

Managing Annual Leave When Staff Return to Work

Managing Annual Leave When Staff Return to Work

This week we hit another deadline in the roadmap out of lockdown. Many businesses will be returning to their regular working patterns, and there is more freedom for your employees too.

As the UK opens up, and summer quickly approaches, more staff will want to take time off—usually at the same time.

Find out how do you handle the build up of annual leave requests at https://croner.co.uk/resources/leave-absence/managing-requests/