Skip to main content

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 16/07/2021

Good afternoon and welcome to this week's Friday Brief. We hope you are all having a great summer so far! 

Let’s begin with some exciting news! On Tuesday we have two new online webinars taking place. The MTA is holding a webinar on the new era for R&D tax relief - in partnership with ForrestBrown. They will reveal what’s changed, what you need to do and how you can use innovation funding to help secure your competitive advantage. Later on in the day The Engineering and Machinery Alliance invites you to attend a webinar: “Northern Ireland: Sending and servicing goods.” The event will have short presentations from the business department, BEIS, and from HMRC, followed by questions and answers and, as where possible, discussion. Check out the separate stories to find where to register today. 

Get involved in Prodrive’s innovation initiative! The RAPID Challenge returns for 2021 and applications are now open. The focus on hardware start-ups remains and they have many new partners contributing to our biggest prize package yet worth £75K. Please go to the story to find out more. 

Onward is a think-tank campaigning for “mainstream conservatism”, has called on the government to produce a national plan for manufacturing. Onward has strong links to the “levelling up taskforce” of 60 North of England Conservative MPs, which is supporting the latest report. These two reports highlight lobbying of government to increase support for manufacturing and engineering. Find the reports and the topics covered in the story below. 

The government will abolish domestic legal restrictions in England on individuals relating to Covid but has urged people to follow many of the practices the law has hitherto required. The changes take effect from July 19th. Johnson and Javid spoke in the spirit of “learning to live with Covid”. Commentators have suggested that the government’s views have shifted not only with rising infections but surveys that have shown the public is cautious about a return to normal. Check out the story to view the key points announced. 

As the impacts of Covid-19 continue to influence the business landscape, the CBI is working with EY to produce a report, providing detailed analysis into the SME financing landscape. Read more on the Future of SME Financing and the CBI/EY Project below. 

Check out the new BSI Standards. We hope this will assist in increasing awareness of the Standards Development Portfolio. The latest Scope and Purpose can be found in this week’s story. 

Our economic news article this week splits neatly into two sections; for the UK we cover the positive but disappointing GDP data for May and explore the intricacies of the manufacturing output figures where, while the machinery industry has output back above the pre-pandemic level, aerospace is stubbornly refusing to show any recovery and the automotive industry has been hit by the global shortage of electronic components.  The other part of the article looks at the European industrial production data for May and has a brief summary of the latest forecasts from the European Commission. 

Last week also saw the release of the UK car sales data for June which completed the first half of the year. We have compiled a separate article on this data and, in particular, we take a look at the latest growth in market share taken by “electric” vehicles of various types. Finally, a reminder that the MTA Business Survey for June is still open for your input at www.mta.org.uk/mta-business-survey-jun21 

Thanks for reading this week’s Friday Brief! Enjoy the sunny weather and we’ll ‘see’ you for more news next week! 

The new era for R&D tax relief: Vital funding to secure your competitive advantage – Webinar

The new era for R&D tax relief: Vital funding to secure your competitive advantage – Webinar

The manufacturing industry currently faces a triple threat: Low productivity, skills shortages and a changing political landscape. 

We all know that innovation will help us to meet these challenges, as well as our net zero targets, and continue to be a key driver of growth. That’s why almost three-quarters of R&D that takes place in the UK (69%) is in manufacturing. But innovation is capital intensive. 

BSI Standards

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 IST/33 - Information security, cybersecurity and privacy protection, for consideration when deciding the UK response to ISO. 

The Rapid Challenge

The Rapid Challenge

Prodrive’s innovation initiative, The RAPID Challenge returns for 2021 and applications are now open. The focus on hardware start-ups remains and they have many new partners contributing to our biggest prize package yet worth £75K 

Future of SME Financing - CBI/EY Project

Future of SME Financing - CBI/EY Project

As the impacts of Covid-19 continue to influence the business landscape, the CBI is working with EY to produce a report, providing detailed analysis into the SME financing landscape. This is intended to be a practical tool SMEs can use to understand the various financing options available to them and something that can be shared with finance providers more broadly, enabling them to better support the UK SME community. 

Northern Ireland: Sending and servicing goods – Webinar

Northern Ireland: Sending and servicing goods – Webinar

The Engineering and Machinery Alliance invites you to attend a webinar: “Northern Ireland: Sending and servicing goods.” The event will have short presentations from the business department, BEIS, and from HMRC, followed by questions and answers and, as where possible, discussion. 

The webinar will be held on July 20th from 1pm until 2pm. 

ECONOMIC NEWS

ECONOMIC NEWS

UK Manufacturing Output, May 2021:  The Office for National Statistics (ONS) released the manufacturing output data for May at the end of last week.  Following “no change” in April, there was a marginal reduction in May but our preferred measure of the 3-month rolling trend showed that total manufacturing output in the latest 3 months (March, April and May 2021) was +1.5% higher than in the previous 3 months (December 2020 and January and February 2021) and was +21.8% highe