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Friday Brief Archive

2021

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Friday Brief Intro 24/09/2021

Good afternoon and welcome to this week’s Friday Brief. Apologies for the slight technical issue with the newsletter last week. The Friday Brief became The Monday Brief for some but we are back again today with some great new stories.

It’s a hattrick! We are very excited to announce three new MTA members this week. JodaUK Limited, Predator Software Ltd and G2 Metric Limited have all been welcomed into our membership so please read the story below to find out more about them.

The MTA’s Annual Forecast Seminar is right around the corner and with some amazing speakers, we are very excited to bring it back live to a new venue. To find the agenda and the link to register please check out the story below.

MTA Associate Member Conexiom, have, this week, introduced The Conexiom Platform, the next generation of their cloud-based automation technology. There’s a lot more information on their new platform to be found through the link in their story.

Another MTA Associate Member, 4CM, is running a free workshop to help manufacturers improve the results from their marketing and sales activities. The workshop details can be found below along with a link to register.

The University of Sheffield AMRC Cymru is hosting the Digital Factory Showcase to exhibit its new Product and Process Verification (PPV) equipment, funded by the Aerospace Technology Institute (ATI). There are two sessions available on Thursday 7th October so find out the times and details in the story.

The Education and Skills Funding Agency (ESFA) has published new guidance to assist firms considering transferring part of their apprenticeship levy to, another company or a specific apprentice. A link to the full article on the government website can be found below.

Midlands-based engineering and manufacturing firms can register for government-funded support to adopt digital technology, under the Made Smarter banner. The scheme is for West Midlands-based firms that have fewer than 250 employees, less than Euro50 million annual turnover and a balance sheet total not exceeding Euro43 million. There’s a lot more to find out in their story.

A one-hour webinar: “How to improve your green credentials and positively impact your bottom line” is being run on 7th October, aimed at engineering and manufacturing firms. Energy specialists, BCR Associates will guide you through a carbon reduction plan and help your business start the journey towards Net Zero. Check out the link to register in the story below.

Made Smarter Technology Accelerator is a national programme designed to advance the innovation and understanding of digital technology for industry. The programme was created following an industry-led review of how UK manufacturing industries can prosper through digital tools and innovation. Find out more and book your spot in the story.

We have two BSI standards for you today. One on Robotic, intelligent, and autonomous systems and the other on Readability of electrophoretic displays. The scopes and purposes are noted in the story.

Most of the economic news items this week have a common theme running through them - activity in the UK manufacturing sector is generally good but there are significant constraints on output from the supply of materials and/or components. Despite these, business levels are still increasing.  Indifferent ways, both the flash PMI data for manufacturing and the latest CBI survey results note that stocks are low by historical standards and delivery times continue to be much longer than normal.  These general themes are also highlighted in the 3rd quarter report from the Bank of England’s Agents and we have summaries of all three of these reports this week. Our other news this week is the latest market trends for the USA which is showing strong growth for machinery but a more muted recovery in the tooling market.

That’s all the information we have for you today. Thank you for keeping up to date with us and we’ll ‘see’ you again next Friday.

ECONOMIC NEWS

ECONOMIC NEWS

Bank of England’s Agents’ Summary of Business Conditions, Q3-2021:  At its meeting this week, the Monetary Policy Committee (MPC) of the Bank of England (BoE) voted unanimously to keep the Bank Rate at 0.1% and by 7-to-2 to maintain the current level of assets purchases.  This comes despite their forecast that inflation will rise to more than +4% in the 4th quarter of 2021 (mainly because of the rise in gas prices and other goods prices) and could remain there into the first half of 2022.

Welcome to the MTA to three new members!

Welcome to the MTA to three new members!

This week we have three new members to welcome to the MTA this week. They are:

JODAUK LIMITED
JodaUK are designing, manufacturing, and selling machine tools, welding & fabrication equipment, and sheet metal storage racks worldwide. Also they are UK master distributor of well known international brands related machine tools, welding, and tooling.

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.

Standard 1

Apprenticeship Levy Transfers

Apprenticeship Levy Transfers

The Education and Skills Funding Agency (ESFA) has published new guidance to assist firms considering transferring part of their apprenticeship levy to, another company or a specific apprentice.  Up to 25% of a firm’s apprenticeship levy can be transferred in this way, including to other levy payers.

Green credentials and your bottom line

Green credentials and your bottom line

A one-hour webinar: “How to improve your green credentials and positively impact your bottom line” is being run on October 7th, aimed at engineering and manufacturing firms. It is being delivered by BCR Associates and will include an example from Alan Rance, managing director of Midas Pattern Co. Ltd and an eloquent advocate of carbon

Launch of the Conexiom Platform

Launch of the Conexiom Platform

MTA Associate Member Conexiom, have, this week, introduced The Conexiom Platform, the next generation of their cloud-based automation technology. Adding to their existing Sales Automation Solution, The Conexiom Platform has expanded to include Supply Chain and Accounts Payable Automation Solutions to address additional critical business processes for customers.