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ECONOMIC NEWS

UK Interest Rate Decision:  Members will be aware that the Monetary Policy Committee voted to maintain Bank Rate at 5.25% at its meeting this week.  However, perhaps the most significant element of this decision is that none of the Committee’s members voted to raise interest rates for the first time since September 2021.  The vote […]

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New EU law to affect machinery exports

A newly-adopted EU law, the Critical Raw Materials Act (CRMA), will affect exports to the EU and to Northern Ireland of a wide range of machinery when it comes into force.  The UK government notes that the CRMA will come into force in two-to-three years’ time and includes new labelling requirements regarding permanent magnets, including […]

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ISO/NP 22166-402- – Link to New Work Item Proposal

Please be advised that a New Work Item Proposal has been loaded to the BSI Standards Development Portal for comment. Any comments received will be submitted to the national committee AMT/10 “Robotics” for consideration when deciding the UK response to the associated Standards Development Organisation. Proposal: Robotics — Modularity for service robots — Part 402: […]

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Free Business Accelerator Programme for West Midlands MTA members

As the MTA are member of Greater Birmingham Chambers of Commerce (GBCC) we are able to join forces with Amazon in the UK for an exclusive business accelerator programme designed to help small firms innovate and grow. A cohort of up to 25 businesses will be selected to take part in the Amazon Innovation Accelerator, […]

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Untangling the digital thread with the AMRC at MACH 2024

The AMRC is untangling the digital thread concept at MACH 2024 (April 15-19). This transformative technology connects a product’s full lifecycle, offering a ‘single source of truth’ for seamless information exchange. Visit our stand (6-160) and discover how the foundations of the digital thread can streamline your manufacturing processes, empower you with real-time data insights […]

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New MTA Member – End to End Solutions

My name is Mark Bond my great passion is helping manufacturing and processing businesses create more time in their day while improving cost control. I understand and sympathise with how challenging life can be in manufacturing or processing. By supporting your team, we can help you overcome those challenges together. Visual Management Project how to […]

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