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The MTA offers a wide range of services to our members: Marketing, Grants for Training and Apprenticeships, Representation, Networking and Information. You can find out more about what we and our members have achieved together.

The MTA's Annual General Meeting will be held on 8th December 2021 at Church House in Westminster, London. 

Following the AGM & lunch there will be a reception at The House of Commons hosted by Barry Sheerman, MP for Huddersfield. 

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.

The MTA's Annual Forecast Seminar will be held on 21st October 2021 at The Willows Centre, Wyboston Lakes Resort, Bedfordshire.

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

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.

European Industrial Production, July 2021:  The latest figures from Eurostat show that seasonally adjusted industrial production in July was +1.5% higher than in June for the Euro-zone and +1.4% up for the EU.  Although still distorted to some extent by the impact of the Coronavirus outbreak a year ago, Euro-zone output was +7.7% higher than in July 2020, with growth of +8

The MTA's Annual Forecast Seminar will be held on 21st October 2021. The programme will follow our usual structure of three presentations.

Agenda

We would love to introduce you to our new member Amas Murrison Ltd “ammu”. AMMU is a distinctive blend of chartered accountants, management accountants and tax advisers providing expert advice on accounting, finance, taxation in all its guises, MI and digitisation.

The May edition of the MTA Business Survey will close next week but there is still time to let us have your input by using the on-line form at www.mta.org.uk/mta-business-survey-aug21.

UK Manufacturing Output, July 2021:  As we will see in the next item, data from the Office for National Statistics (ONS) highlights the difference between production and manufacturing which may not be obvious in the headlines.  Therefore, while total production grew by +1.2% in July (compared to June), manufacturing output was unchanged;  this was because the growth in production was entirely driven by an increase in oil production as an oilfield came back on-line after maintenance.

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