Good morning and welcome to this week's Friday Brief. Can you believe it is July already? Well this week has been a busy one and we have quite a few stories for you.
I’d like to begin with a note to save the date! Join Irwin Mitchell and Caldwell & Robinson on 13 July at 11am to find out more about the opportunities and challenges for GB manufacturers in Northern Ireland, post Brexit. Here’s the link to our website to register for the webinar: https://www.mta.org.uk/event/webinar-opportunities-gb-manufacturers-northern-ireland-post-brexit
Following on with the theme of webinars, Join BEIS and the Knowledge Transfer Network, KTN with a webinar to explain the government’s £1 billion Net Zero Innovation Portfolio. The 90-minute webinar on July 8th will be introduced by the minister for Clean Growth, Anne Marie-Trevelyan and will feature a discussion and Q&A. Find out who the panellists are in the story below.
BSI is running a FREE webinar on 14 July at 14:00 - 16:00 UK time to discuss the challenge and highlight the issues of how the UK is banning the sale of new combustion-engine vehicles from 2030, but this is only half the story. Check out the speakers and their topics below.
In other news The MTA have partnered with @MediaplanetUK on a 5G campaign this week which was launched both online and in the Guardian. A link is included in the story.
If you’re an importer you would have responsibility for ensuring goods have been correctly marked and Declarations of Conformity (DoCs) are in place, holding records and dealing with GB market enforcement bodies if required, in respect of UKCA and related issues. However, not everywhere in the UK is the same. There’s a lot more information to be found in the story.
We’d like to give you a bit more information on one of our new members: Loopcycle is a product traceability platform that redefines the management, recovery and resale of valuable secondary products, driving integrity within the reuse marketplace. More information on the platform can be found below.
The European Union (EU) has formally recognised the UK’s high data protection standards after more than a year of constructive talks. The UK government welcomes the move, which rightly recognises the country’s high data protection standards. Please read more below for statements and how the government want to go forward.
Business travel guidance to the UK has been amended to add “business directors bringing significant numbers of jobs and investment to the UK”. The change this week added this category to a long list of exempted categories, which includes installation and service engineers. Read more in the story below.
The Engineering and Machinery Alliance (EAMA - of which MTA is a member) has responded to questions from the business department (BEIS) about the awareness and readiness of UK manufacturing companies relating to the UKCA mark rules which come fully into force from January 1 next year. Please find the story to read about the points made by The EAMA.
Last week there was a meeting of the MTA International Trade Committee. The committee is made up of MTA Members, chaired by Dave Burley of NCMT, and meets on an ad hoc basis to cover all aspects of international trade. You can find the key items that the meeting covered in the story.
There are some mixed figures in the PMI data for the manufacturing sector although many countries, including the UK, are still reporting strong positive data. Europe is generally seeing a strong positive trend although there has been a little easing from what were mostly high PMI figures in some countries. The Americas were generally positive (although Mexico, while improving, remains below the crucial 50 level) but it is in Asia where we see the weakest figures. These seem to be a combination of further lockdowns and shortages of materials and/or components with the story varying slightly from country to country.
The economic news article this week takes a look at the UK national accounts data for the 1st quarter of 2021 that was published by the ONS this week with a small downward revision to the overall GDP numbers. More importantly, this release includes the detailed investment data by industry which also fell at the start of the year, although comparisons with a 2020 are complicated by some strange numbers at the start of last year and the end of 2019. We also cover the latest edition of the European Commission’s Economic Sentiment Index which has seen a further improvement - although this was driven mainly by the service sector, it was positive across all the sectors and included industry confidence reaching a new all-time high.
Also this week, a reminder that the MTA Business Survey for June has just been launched - this is one of our slightly longer quarterly surveys but we would encourage all members to take a couple of minutes to let us have your input to this important survey. You can reply using the on-line form at www.mta.org.uk/mta-business-survey-jun21.
That’s all we have for you this week. Enjoy your weekends and we’ll be back next Friday!