Friday Brief 26/05/2023

Good morning and welcome to this week’s Friday Brief! What amazing weather we are having suddenly! It’s about time! Who’s ready for June next week?

To kick things off today, MSL have an upcoming event for your diaries. This year MSL celebrate 25 years of being in business and this special event is an opportunity for their valued customers and partners to join them for this significant milestone in the company’s history. The Event is being held at The Silverstone Interactive Museum next to the Iconic Silverstone Circuit on the 8th June 2023. Read more details on the event below and check out the agenda.

CQM Training & Consultancy (CQM T&C) has been delivering world class, business focused solutions to UK manufacturers for 30 years. With their award-winning, high-quality training, development, and funded apprenticeship programmes, they challenge the ambitions of their clients and their people to develop themselves beyond all expectations. To view their apprenticeship programme brochures please visit CQM Training & Consultancy. Go to the story below to find out more.

The United Kingdom Lubricants Association (UKLA) Metalworking Fluid Product Stewardship Group (MWFPSG) is proud to announce the launch of industry-leading videos based on the UKLA/HSE Good Practice Guidance for Managing Metalworking Fluids (MWFs). Produced in partnership with the Health & Safety Executive (HSE), with the support of The University of Sheffield Advanced Manufacturing Research Centre, the videos have been developed for the industry by the industry. Find out more below.

Finding it difficult to keep up with constant developments in Employment Law? Don’t worry, our Associate Member, Citation can help. They love this stuff and have been keeping up with all the legislation that’s been changing, and is due to change this year, so you and your team don’t have to. Join Citation’s Director of Employment Law, Gill McAteer, on Thursday 25 May at 10am, for her FREE, 60-minute update on upcoming Employment Law updates happening over the coming months and how your team can futureproof your business for the changes. Register through the link in the story.

The UK government has released semiconductor strategy in an effort to secure the future of the UK technology industry The National Semiconductor Strategy and investing up to £200 million from 2023 -25 and up to £1 billion in the next decade through the Department for Science, Innovation and Technology. The new UK Semiconductor Advisory Panel will ensure that government, academia, and industry are working together to deliver on the priorities set out in the Strategy. Have a look at the government objectives below.

London, Frankfurt am Main, May 23, 2023. – From September 18 to 23, 2023, EMO Hannover, the world’s leading trade fair for production technology, will be taking place in Hannover, Germany. It will be presenting state-of-the-art production technology and its future trends on the international level. The United Kingdom plans to invest heavily during the current year in motor vehicles and parts, aerospace, fabricated metal products, and mechanical engineering. In addition, the government has set itself the central objective of boosting sustained economic growth with its Growth Plan 2022. This includes the rapid implementation of 138 major British projects. The focus is on developing road and rail infrastructures, the energy sector, and broadband expansion. Read the full press release below.

The AXYZ Router and WARDJET Waterjet Expo Event in Telford is the place to be on Wednesday 14th June. The leading company in cutting and routing systems are excited to showcase their portfolio of machines in this one-day event. This day will be packed with live demonstrations and training on CNC Router and Waterjet applications. Visitors will have the opportunity to tour the demonstration areas and witness these incredible machines in action. Check out more in the story.

Our economic news is again split into two sections to make it easier to absorb. For the UK we have the somewhat disappointing results from the latest CBI Industrial Trends Survey, mixed results from the latest productivity figures (some key manufacturing industries have outperformed the economy, especially in the comparisons with the pre-pandemic period) and a brief summary of the ONS Annual Business Survey which has a usefully detailed breakdown at an industry level, even if the “latest” data is rather old.

The other main economic news this week – in our International article – is in the flash PMI figures which came out on Tuesday; these paint a gloomy picture of the manufacturing sector, in the UK, Euro-zone and the USA, with only Japan seeing an improved (and positive) reading. We also have some notes on the latest economic forecasts from the European Commission which are probably of more use to someone interested in a particular country rather than at an overall level.

That concludes our newsletter for the week! We hope you have a wonderful bank holiday weekend and we’ll ‘see’ you again next Friday!

FREE WEBINAR | Employment Law updates your members NEED to know

Press Release : UKLA Metalworking Fluid Product Stewardship Group – launch of Training videos ‘Looking After Your Metalworking Fluids’

CQM Training & Consultancy

CQM Training & Consultancy (CQM T&C) has been delivering world class, business focused solutions to UK manufacturers for 30 years. With their award-winning, high-quality training, development, and funded apprenticeship programmes, they challenge the ambitions of their clients and their people to develop themselves beyond all expectations. CQM T&C’s core expertise is in Continuous Improvement, Lean […]

ECONOMIC NEWS – INTERNATIONAL

Flash Manufacturing PMI, May 2023: The flash estimates of the Purchasing Managers’ Index (PMI) for the UK manufacturing sector showed an acceleration in the rate of decline in activity with a reading of 46.9 – its lowest of the year and the 10th month in a row that it has been below the crucial 50 […]

ECONOMIC NEWS – UK

CBI Industrial Trends Survey, May 2023: The latest results from the CBI Industrial Trends Survey showed another fall in output in the three months to May* and respondents to the survey expect it to fall in the coming three months as well. The pace of decline did ease a little from the April survey but […]

Experience the Future of Cutting and Routing Systems at AXYZ and WARDJET Expo Event in Telford.

Press Release – EMO World Tour stops in the United Kingdom – international produc-tion highlights at EMO Hannover 2023

GOVERNMENT LAUNCHES THE NATIONAL SEMICONDUCTOR STRATEGY

MSL Customer and Partner Day 2023

June 08, 2023 – 09:00 AM (BST) – Silverstone, – United Kingdom This year we celebrate 25 years of being in business and this special event is an opportunity for our valued customers and partners to join us for this significant milestone in the company’s history. The Event is being held at The Silverstone Interactive Museum […]

Friday Brief