Friday Brief (5/04/2024) – W14

Good afternoon and welcome to this week’s Friday Brief! With MACH 2024 and the MTA’s Annual Dinner getting closer, the excitement around the industry is buzzing!

We have a couple of stories for you today and I would like to invite you to one of our Associate Members webinars. If you want to nail the basics join our Associate Member Citation on Thursday 25 April at 12pm for their exclusive webinar Keeping your business compliant – HR and Health & Safety essentials. This session will give you the refresher you need to navigate the evolving legal framework and support your business effectively. Find out what the session will include in the story below.

Innovate UK have released a list of new funding opportunities. UK registered organisations can apply for a share of up to £25 million for game-changing and commercially viable research and development innovations that can significantly impact the UK economy. Check out more of what is to offer in the story.

Have you booked your ticket to MACH 2024? The UK’s national event for inspiring, innovating and connecting manufacturing, returns to the NEC Birmingham between 15th-19th April.
The five-day show features a large display of the latest technology, live and in action, all under one roof! Read the story below to register.

The MTA’s Annual Dinner is just around the corner. Don’t miss out on the must-attend event of the year! Get ready for an unforgettable evening at VOX during MACH Exhibition 2024. If you still haven’t booked your space then please go to the story below to find the link to our website.

The Purchasing Managers Index for the manufacturing sector published this week showed a mixed picture with the UK among the countries where the reading picked up – in fact, the UK has the largest improvement globally in March and was above the crucial 50 level for the first time since July 2022. But (isn’t there always a “but”), there is still some distortion to the UK figures from extended suppliers’ delivery times due to shipping delays – interestingly, the Euro-zone reports the opposite trend and it seems only to be the UK which is still reporting this effect.

Our other “economic” story is the latest edition of the CECIMO Economic & Statistical Toolbox with the Q4-23 edition now available. This brings together various data sources on and around the machine tools business, mainly at a European level. We report some of the key highlights of the latest edition in the article below and provide access to both the full report and the Economic Dashboard which members can also access.

With a new month and a new quarter starting this week, we have a couple of surveys operating. For MTA members there is our monthly Business Survey which you can access at www.mta.org.uk/mta-business-survey-mar24 and we have also launched the EIA Quarterly Survey for companies in that part of the MTA family – this is at https://www.mta.org.uk/eia-quarterly-survey-1st-quarter-2024.

That concludes our newsletter for another week! We hope you all have great weekends and we’ll be back again for some more great stories next Friday!

CECIMO ECONOMIC & STATISTICAL TOOLBOX & DASHBOARD

The latest edition of the CECIMO Toolbox has just been released; this covers mainly data for the 4th quarter of 2023, although some of the series are more up to date. The Toolbox document groups information into 6 categories covering historical data for the sector, demand, investment, the business climate, general economic indicators and information […]

PURCHASING MANAGERS INDEX FOR MANUFACTURING

The Global Purchasing Managers Index (PMI) for manufacturing, produced by S&P Global and sponsored by J P Morgan edged up again in March and the reading of 50.6 is the highest since July 2022. The manufacturing PMI is a weighted composite index of new orders (30%), output (25%), employment (20%), suppliers’ delivery times (15%) and […]

MTA Annual Dinner 2024 – Thursday 18th April

Calling all MTA/EIA/AMUK Members and Non-members! Don’t miss the MTA’s highly anticipated Annual Dinner at the VOX during MACH 2024. Secure your spot today for an unforgettable evening hosted by Alan Dedicoat! https://bit.ly/45rg3vK

MACH 2024

Have you booked to attend MACH 2024? MACH 2024 will be taking place 15-19 April at the NEC in Birmingham. We hope you will be able to join us at MACH 2024, you can find out all thr information about who is exhibiting, search the floorplan for specific products and save your favourite content by […]

April 2024: New funding opportunities from Innovate UK

Smart grants 2024 UK registered organisations can apply for a share of up to £25 million for game-changing and commercially viable research and development innovations that can significantly impact the UK economy. FIND OUT MORE AND APPLY > Innovation loans future economy: round 14 UK registered businesses can apply for loans for innovative projects with […]

Essential webinar on HR and Health & Safety fundamentals

April brings significant new changes in the world of employment law and Health and Safety Executive (HSE) focus areas to look out for but sometimes it’s not the new or different laws you need to be worry about – often it’s the same old areas that trip business owners up when adhering to fundamental employment […]

Friday Brief