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Friday Brief Archive

2021

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Friday Brief 18/06/2021

Good morning and welcome to another weekly roundup of news.

To start this very drizzly Friday, we’d like to invite you to a MTA/BSOL webinar. We are working with BSI to provide some complimentary training to ensure that you are able to obtain the maximum value from this system. Find out more about this free member benefit below.

Carrying on from the theme of webinars, SHEP (Safety and Health Engineering Partnership) is holding an event hosted by BESA. This webinar will include a presentation on Local Exhaust Ventilation, a key control measure for metalworking fluids and welding fume, and an extended Q&A session for anyone that still has questions on controlling exposure to these substances. Check out the story and find out more details.

Tune in on 23-24th June with MTA Associate Member Accruent for deep-dive industry sessions, insightful stories and valuable content from our customer speakers and product experts. Register for the virtual conference and find out the agenda in their story.

BSI have put together 3 interesting webinars to go over the new international standards that give practical and straightforward advice on how to identify both where psychological risks arise at work, and what you can do to mitigate or eliminate them. To read through the agenda for the webinars please go to the story.

Next up this week we have some exciting political new. The UK has announced agreement with Australia on a new trade deal. A series of scene-setting highlights have been published on gov.uk, which says it is “the first major trade deal negotiated from scratch by the Government since we left the EU”. Read what Boris Johnson had to say and al the comments made below.

Earlier this week the Prime Minister announced that England will remain in Stage 3 until 19th July. There will be a couple of changes made on the 21st June so if you haven’t had the chance to get up to date, please read the story.

Our economic news article this week leads with the latest industrial output data for Europe;  like the UK figures we discussed last week, the comparisons with a year ago will be relatively meaningless given that the Spring of 2020 saw a collapse in most places in the face of the Covid-19 outbreak.  However, it is encouraging to note that month-on-month level for industrial production is continuing to improve slowly and, within the overall total, the capital goods sub-sector is ahead of the overall trend.

We also have the latest figures from the USA where the demand for machine tools continues to grow strongly and we are also starting to see an acceleration in the cutting tool market which, for the first time since the Covid-19 crisis started, is showing growth in the 12-month rolling total.  Also in the economic news item, we take a look at the trends for UK exports and imports in Q1-21 by industry sector.

 In a separate article you can find a summary of the latest State of Trade Report from CELIMO and we also have their latest Economic Report available to download.

 That is all we have for this week’s Friday Brief, have a great weekend and we’ll see you again next week. 

CELIMO STATE OF TRADE REPORT

CELIMO STATE OF TRADE REPORT

At its recent Council meeting, CELIMO (the European group for associations representing importers and distributors in our industry) published its State of Trade Report - you can download this below.  The report covers some general economic indicators such as GDP, inflation and unemployment and also shows the recent trend for the manufacturing PMI - the latter shows an increasing trend across most European countries over the past 4 months although Turkey slipped back into negative territory in May as a result of a rise in Covid cases leading to a 20 day lockdown.

ECONOMIC NEWS

ECONOMIC NEWS

European Industrial Production, April 2021:  The latest data from Eurostat shows that industrial production in April increased (compared to March) by +0.8% in the Euro-zone and by +0.5% in the EU.  The comparisons to a year earlier are heavily distorted as this was the month with the largest impact from the Coronavirus pandemic but, for the record, Euro-zone output increased by +39.3% and for the EU growth was +38.7% compared to April 2020.

Accruent 2021 Insights

Accruent 2021 Insights

Please join Accruent for their annual conference Insights 2021 International June 23-24, 2021. The conference will be virtual again this year, but with all the same great content to enjoy the comfort of your home office.