The MTA Business Survey for December will be closing next week but there is still time to let us have your input. The on-line form is available at www.mta.org.uk/mta-business-survey-dec20 or if you would prefer a word version, please contact Geoff Noon at MTA (e-mail: firstname.lastname@example.org).
UK Manufacturing Output, November 2020: The latest data from the Office for National Statistics (ONS) shows that manufacturing output was +0.7% higher than in October and over the latest 3 months (September, October and November) output was +4.7% higher than in the previous 3 months (June, July and August). However, output in the latest 3 months was -5.5% lower than in the same months of 2019 and the level in November was only 95% of where it was in February.
Fears over the impact of the UK’s new trading relationship with the EU and the attractiveness of the UK for both investment and talent are clouding the outlook for manufacturers in 2021, as more companies believe the opportunities outweigh the risks. While many are investing in an effort to boost productivity and build agility and are confident about the prospects for their own companies and UK manufacturing as a whole, they are not so confident about the prospects of either the global or...
MTA Members will have seen the announcement of the appointment of Kwasi Kwarteng MP as Secretary of State for the Department of Business, Energy and Industrial Strategy (BEIS). This came as a result of the previous incumbent, Alok Sharma MP, moving to focus entirely on his role of President of the UN COP26 climate conference. The Association has written to Mr Kwarteng to congratulate him on his appointment and to outline our key messages for Government.
Although the budget is over six weeks away (Wednesday 3rd March), the consultation timescales mean that MTA has already submitted its letter to the Chancellor of the Exchequer. This highlights what we see as the key areas for intervention that are needed to stimulate the economy in a manufacturing friendly way in the context of both Covid-19 and Brexit. The main topics were:
DRAMA (Digital Reconfigurable Additive Manufacturing facilities for Aerospace), started in 2017, is a programme funded by the UK government and led by the UK’s National Centre for Additive Manufacturing to accelerate the uptake of additive for aerospace.
In its latest newsletter, Made Smarter has announced its inaugural conference entitled “The Journey to Digital Manufacturing” which is being held virtually on 10th March. You can find out more about this and register for the event at https://www.madesmarter.uk/conference/.
The newsletter also has important items on:
The Department for International Trade (DIT) has highlighted the following Q&A, with links:
The following is a selection of updates that have been published over the past week or so, focussing on those most relevant to our industry.
The MTA Business Survey for December was launched at the start of the week. Although this is one of our slightly longer quarterly surveys, we would encourage all MTA members to take part. It only takes a couple of minutes to give your input (and you don’t have to answer all of the questions if you don’t want) and the survey gives us and you a good overview of the level of activity in the manufacturing technology sector.