Friday 04/03/2022

Good afternoon and welcome to this week’s Friday Brief! Now March is here let’s hope it has brought some spring weather!

First up today you can check out this week’s Great British Manufacturing Podcast released earlier today to hear from MTA Head of Operations, James Fudge. He’s been talking to the team about what to expect from next month’s MACH exhibition https://bit.ly/MTAMACH.

The MTA are delighted to welcome Kevan Holloway to the MTA team who takes up the role of Client Engagement Manager. Find out a bit more about Kevan in the story we have for him and what he will be doing for The MTA. Many of you will already know Kevan from his time at the MTC and AMRC and we’re excited to have him on board!

Following Russia’s unprovoked, premeditated attack on Ukraine, the National Cyber Security Centre continues to call upon on organisations in the UK to bolster their online defences. If you missed some of the guidance stories that went into the FB last week then please check out this story to make sure you get the guidance you need.

Similarly, please see Notice to Exporters 2022/04 informing about introduction of new trade sanctions on Russia introduced on 1 March 2022. The measures in  Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2022 include a list of critical-industry goods and critical-industry technology which are prohibited for export, supply or transfer to, or for use in Russia, along with the provision of technical assistance, financial services and brokering services. Check out more in the story.

The new MTA standards booklet has been released. The document is updated and distributed every 3 months. It is available via the MTA’s Friday Brief and on our website. Check out the bullet points with the information of what is involved in the booklet and a link below.

As we start to learn to live with COVID-19 and government legislation is lifted in England, keeping workplaces safe and COVID-secure now sits even more heavily on the shoulders of employers.Based on commonly asked questions, the Health & Safety experts of MTA Associate Member, Citation, have created a handy free guide, packed with key ways to start futureproofing your workplace against the risk of COVID-19. Find out more in the story.

There is a mixed picture in the latest readings for the Purchasing Managers Index (PMI) data for the manufacturing sector with mostly moderate movements in both directions compared to January. The UK reading moved up despite a fall in export orders and the overall global index was also a little stronger, but there was a modest fall in the Euro-zone, although this also reflected a combination of movements among the individual countries.  While supply chain issues remain for most countries, the extent of these continues to ease.

Our economic news article this week looks at the UK trade (exports/imports) data for the 4th quarter of 2021 and the full year trends – this completes our round-up of the data that was published a couple of weeks ago by the ONS – and we also review the latest information from the European Commission Economic Sentiment survey.

Finally, the February edition of the MTA Business Survey is underway and we have some extra questions this month relating to the impact of the Russian invasion of Ukraine;  we are being asked by a number of contacts for our views on the impact of this both directly on business levels and indirectly from issues such as increased prices for energy and materials, which these are designed to address.  You can access the questionnaire at www.mta.org.uk/mta-business-survey-feb22 and we hope that you will be able to spare a couple of minutes to participate.

Thank you for keeping up to date with our Friday Brief! We hope you all have a great weekend and look forward to ‘seeing’ you again next Friday

NCSC advises organisations to act following Russia’s attack on Ukraine

Organisations should follow NCSC advice and act on improving their resilience with the cyber threat heightened. Following Russia’s unprovoked, premeditated attack on Ukraine, the National Cyber Security Centre continues to call upon on organisations in the UK to bolster their online defences. The NCSC – which is a part of GCHQ – has urged organisations […]

Read more

Living with COVID-19: managing risk in workplaces | free checklist

As we start to learn to live with COVID-19 and government legislation is lifted in England, keeping workplaces safe and COVID-secure now sits even more heavily on the shoulders of employers. Based on commonly asked questions, the Health & Safety experts of MTA Associate Member, Citation, have created a handy free guide, packed with key […]

Read more

ECONOMIC NEWS

UK Trade, 4th Quarter 2021:  The year-end figures from the Office for National Statistics (ONS) shows that total goods exports were +16.5% higher than in the 3rd quarter of the year while imports grew by +2.7%.  However, there was a significant change in the level of trade in non-monetary gold which distorts the picture;  excluding […]

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PURCHASING MANAGERS INDEX FOR MANUFACTURING

The Global Purchasing Managers’ Index (PMI) for manufacturing which is produced by J P Morgan using the data from IHS Markit, improved slightly in February to 53.6 but apart from January, it is at its lowest since the start of 2021.  There was an increase in output, new orders and employment and the although the […]

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Notice to Exporters 2022/04: introduction of new sanctions against Russia

Please see Notice to Exporters 2022/04 informing about introduction of new trade sanctions on Russia introduced on 1 March 2022. The measures in  Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2022 include a list of critical-industry goods and critical-industry technology which are prohibited for export, supply or transfer to, or for use in Russia, along with the provision […]

Read more

Welcome to New Member of MTA Team

The MTA are delighted to welcome Kevan Holloway to the MTA team who takes up the role of Client Engagement Manager. Kevan is an experienced Mechanical Engineer with extensive manufacturing and machining understanding, in particular within the Aerospace and Defence sectors. He attended University in Sheffield and Loughborough and a member of The Institution of […]

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MTA Standards booklet – March 2022

Please find a link below to Standards Update Booklet which provides the following information: ·       The BSI committees the MTA attends ·       The standards under revision in each committee ·       The development stage of each standard under revision. This document is updated and distributed every 3 months. It is available via the MTA’s Friday Brief […]

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