Friday Brief Intro 17/02/2023

Good morning and welcome to this week’s Friday Brief! We hope you have all had a great week!

To kick things off today I would like to invite you to an online event by NPL. Hear from speakers who are working in the vehicle electrification field about some of the research they are doing to help with the development of vehicle electrification. Check out more details in the story.

Citation have released a new free guide on Employers’ rights and responsibilities in the UK. If this is something you are interested in and need to know more, please take a look at the story and download the guide below.

Two new BSI Standards have been released this week and are waiting for your comments. The proposals are regarding Supply chain interoperability and integration, Strategic sourcing concepts, principles, and data requirements and Verification of authoritative legal entity identifiers (ALEI). Find out more in the story below.

HANNOVER MESSE 2023 features more than 4,000 companies from the mechanical engineering, electrical engineering, energy, software, and IT sectors. Collectively, they present an industrial ecosystem that optimizes the way we manufacture, collaborate and do business. MTA Members get free tickets. Find out more about the show in the story with a link to get your tickets.

The IOE are offering new digital trade courses to assist companies with the new documentation processes and digital identity. Gain insight into the future of trade digitalisation and how it can save your company money. Find links to their online webinars and more information on these course below.

We are aware of a number of emails being sent to our members and exhibitors purporting to have MACH and/or MTA lists for sale and stating they have our permission to circulate. Read more on the issue in the story so you can stay aware.

Our economic news item has been split into 2 parts again this week. The UK section completes our round up of data for the 4th quarter of 2022 that was released last Friday with a look at the investment and trade data. The former is disappointing in that the ONS has suspended publication of the data by industry, but their asset-type breakdown is showing a strong increase in spending on ICT & Other Machinery which suggests that the super-deduction policy has had a positive impact on the economy. This section also includes the latest data on productivity.

Our European economic news section has the latest data on industrial production and the updated figures for GDP across the EU. The latter shows a few countries are already in recession with a few more, including Germany and Italy, at risk of joining them when we get the Q1-23 data. The final element of this section is a brief review of the interim update of the European Commission’s forecasts.

Finally, despite our best intentions to get the MTA Business Survey completed this week, we have not quite achieved that and the survey remains open for you input (with thanks to those who have already replied). You can do this via the online form is at https://www.mta.org.uk/mta-business-survey-jan23 – we hope you can spare a couple of minutes to give us your feedback.

That concludes the Friday Brief for this week! We hope you all have a great weekend and look forward to ‘seeing’ you again next week!

NPL – Vehicle electrification

The first in a series of events on the challenges of manufacturing and maintenance of electric vehicles What are the current and future challenges for vehicle electrification? and more importantly how can we meet these challenges? Join us at this event to hear from speakers who are working in this field about some of the […]

ECONOMIC NEWS – EUROPE

European Industrial Production, December 2022: Following the UK data which we reported last week, Eurostat released the industrial production data for the EU; their report has a monthly beat with no easy way of determining the quarterly figures. Total industrial production in the EU was -0.4% compared with both November 2022 and December 2021; for […]

ECONOMIC NEWS – UK

UK Investment, 4th Quarter 2022: Last week we reported on the manufacturing output and GDP data as these are the monthly series for which the year was completed by the December figures. The Office for National Statistics (ONS) also published some quarterly series, including the data for investment. However, rather disappointingly, we are only getting […]

Fake MACH Lists

We are aware of a number of emails being sent to our members and exhibitors purporting to have MACH and/or MTA lists for sale and stating they have our permission to circulate. They have started using the MACH logo and emails are written as if they are from the MTA. Please be aware we do not share […]

INSITUTE OF EXPORT NEW COURSES TO ASSIST WITH DIGITAL TRADE

The IOE are offering new digital trade courses to assist companies with the new documentation processes and digital identity. Gain insight into the future of trade digitalisation and how it can save your company money. Learn about digital identities, the benefits they can provide and how to establish digital trust for your company. Both courses […]

Hannover Messe: Free Tickets for MTA Members!

The big challenges facing the world today – such as climate change, energy shortages and disrupted supply chains – all have one thing in common: they demand innovative, high-tech solutions. HANNOVER MESSE 2023 features more than 4,000 companies from the mechanical engineering, electrical engineering, energy, software, and IT sectors. Collectively, they present an industrial ecosystem […]

Two BSI Standards

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/4 “Industrial data and manufacturing interfaces ” for consideration when deciding the UK response to the associated Standards Development Organisation. Proposal: ISO/NP 20850 Supply chain […]

Employers’ rights and responsibilities in the UK

Did you know that employees have rights before they’re even employed? Did you also know that a lapsed probationary period is a passed probationary period? From recruitment, interview prep and contracts of employment, to working time regulations, discrimination and disciplinaries, the experts at Citation have you covered in this free guide. Download: https://tinyurl.com/2dx5689d Your Manufacturing Technologies […]

Friday Brief