UK GDP, September and 3rd Quarter 2021: The main data this month is the more detailed quarterly GDP figures which show the UK economy grew by +1.3% compared to the 2nd period of the year. This was less than expected by most commentators (and less than assumed in our recent forecasts) and makes the annualized growth rate +6.6% and still leaves the economy -2.1% smaller than it was before the pandemic in Q4-2019.
UK Manufacturing Output, 3rd Quarter 2021: The latest manufacturing output data from Office for National Statistics (ONS) indicates a marginal fall compared to August but, more importantly, output in the 3rd quarter (July to September) was -0.2% lower than in the 2nd period of the year but +4.5% higher than a year earlier. Total manufacturing output was 97.8% of the pre-pandemic level which, on the quarterly measure, is taken to be the 4th quarter of 2019.
The High Value Manufacturing Catapult wants to see a doubling of UK manufacturing’s contribution to the UK economy by 2030.
Jack Semple, Secretary of EAMA highlights a new report that aims to promote debate within businesses and among policy makers, on the adoption of automation and robotics. The report, Robotics and Automation – A New Perspective, is from the Industrial Policy Research Centre (IPRC) at Loughborough University and the Manufacturing Technology Centre, part of
A reminder that the government is funding 12-week management courses for SMEs (from 5 to 249 employees), with many of the courses starting shortly.
The UK’s first ever DIT International Trade Week is here. The week offers a series of exciting events to help businesses learn more about selling globally and connect with trade industry experts.
Strategically located between Europe, Africa and Southeast Asia, the Middle East is a preferred choice for global manufacturers.
The Advanced Propulsion Centre’s SME Technology Developer Accelerator Programme is now open to receive Expressions of Interest.
Ahead of IMTEX 2022, which is taking place next January, DIT India’s Manufacturing and Engineering sector team is hosting a plenary and networking session via a virtual platform. The event is for those doing business in India or looking to get into this growing market.