Advanced Manufacturing is a dynamic, globalised, sector which is constantly evolving. Much of that evolution is as a consequence of technological change which is happening at a faster rate than ever before. Manufacturing Technology that change right across sectors and in companies of all sizes. The MTA exists to help its members transform the manufacturing world.
Our colleagues at Oxford Economics (OE) have updated their forecasts for the UK economy and for the major industry groups. This update also includes some analysis of the regional economy although this is very high level and of little direct relevance to MTA members. The slide pack from this update can be downloaded from the MTA web-site Members Area at https://www.mta.org.uk/members-area/mta-forecast-documents and we o
The May reading of the UK Purchasing Managers Index (PMI) for manufacturing showed an improvement from the very low level in April (32.6) but at 40.7 it still indicates a significant contraction in activity in the sector. Alongside this, the output element of the index continues to fall sharply and while at first glance this is understandable, it highlights a conundrum in the way that the PMI is calculated.
We’re pleased to provide some updates to our previous articles on the Governments Covid-19 Apprenticeships guidance.
The full article is available here: https://bit.ly/34g8nOP
Apprentices Returning to Educational Settings
At the time, a few weeks ago, when medical shortages were very much in the news there were a number of stories about people and organisations putting 3D Printers to use, particularly in making PPE. It was really encouraging to see the adaptability of the technology and the ingenuity of those using it.
The UK Government this week published regulations introducing a 14 Day Quarantine Period for those entering the UK. The introduction of quarantine was a feature of discussions at the start of the pandemic but the announcement a couple of weeks ago that it was to be introduced on the 8th of June was something of a surprise; industry and other stakeholders were not consulted and we have expressed serious concerns about the plans.
MTA member, MSP, has been adapting its products and services to ensure customers can keep up production in the current climate.
MSP advises global manufacturers on the automation of each stage of their production cycle and guarantees that perfect parts are produced, every time. MSP assesses the CAD design, fixturing, calibration, condition of supply and probing routines, right up to inspection - highlighting and removing errors throughout.
Three and a half years after the referendum, the United Kingdom left the European Union on January 31st, turning Brexit into a reality. But the relationship between the two sides remains largely undefined, and the remainder of 2020 — the transition period — will be critical in negotiating a trade agreement. Governments on both sides are attempting to lead intense negotiations as they struggle with the constraints and uncertainty of the COVID-19 pandemic.
In order to ensure an effective EU response to the coronavirus crisis that would pave the way to a fair socio-economic recovery, the European Commission published a recovery plan for Europe. CECIMO welcomes the EU Recovery plan - Europe's moment: Repair and Prepare for the Next Generation and we believe that a full recovery of the Machine Tool industry is essential to repair and revitalize the European Single Market.
Earlier in the month, when he announced the extension of the Job Retention, or Furlough, Scheme to October, Chancellor Rishi Sunak said that he would expect employers to start paying something towards it from the beginning of July. That something seems likely to be 20% of an employee’s salary, the Government will continue to pay 60% so the employee will continue to receive 80% up to a cap of £2,500. It is worth noting that NIC and pension contributions are likely to have be restarted too
The Corporate Insolvency and Governance Bill will put in place a series of measures to amend insolvency and company law to relieve the burden on businesses during the coronavirus outbreak and allow them to focus all their efforts on continuing to operate. The Bill has three main aims; the first two relating to the insolvency regime and the third to corporate governance: