Keeping up-to-date with all things metal

17/01/2021

Brexit support – Limited spaces available for Aston Programme

West Midlands’ Growth Hubs have joined forces to establish a single point of information about the help available from the hubs and other local business organisations regarding Brexit. Please see a link to their latest newsletter with information and support available for local buisnessess. Aston Centre for Growth Newsletter

11/01/2021

Close to half manufacturers expect improvement in 2021

The 2021 Make UK/PwC Executive survey (conducted in November 2020) shows 48% of respondents expected significant or moderate improvement for manufacturing in 2021. 51% saw opportunities outweighing the risks for their businesses, given significant investments in boosting productivity and agility. However, fears over the impact of the UK’s new trading relationship with the EU and […]

4/01/2021

Eurozone manufacturing accelerates in December

The final IHS Markit Eurozone Manufacturing PMI® for December read 55.2, up from November’s 53.8. There were stronger increases in output and new orders, but supply side shortages led to delivery delays and price increases.  Investment goods producers recorded the strongest improvement, followed by intermediate goods, also registering marked growth. Operating conditions for consumer goods manufacturers […]

4/01/2021

UK Manufacturing PMI strengthens in December

The December IHS Markit/CIPS UK Manufacturing PMI® reading was the highest in more than three years. However, this mainly reflected a temporary boost from last-minute preparations before the end of the Brexit transition period, as customers, especially in the EU, brought forward purchases – raising concerns of a correction early in 2021. Near record increases in input […]

30/11/2020

Climate-related extracts of ‘Spending Review 2020’: 25 November 2020

Green Industrial Revolution The recovery from Covid-19 must be green. SR20 provides funding for the Prime Minister’s Ten Point Plan, which has set out the government’s vision to tackle climate change whilst simultaneously supporting hundreds of thousands of jobs across the UK. As transport is one of the highest-emitting sectors, SR20 prioritises investment to transition […]

9/11/2020

Make UK action plan for recovery

Based on a survey of 198 companies during October Make UK is calling on the Government to bring forward a clear, long-term economic action plan which provides business and industry with a consistent strategy to help them steer a path through the long haul of the crisis.The survey showed a third of manufacturers see lockdowns as the biggest […]

9/11/2020

NAO: widespread disruption still likely from 1st January

The National Audit Office has published its fourth report on UK preparedness for 1st January 2021, warning “it is very unlikely that all traders, industry and third parties will be ready for the end of the transition period, particularly if the EU implements its stated intention of introducing full controls at its border from 1 […]

6/11/2020

UK car registrations fall in October

The SMMT reports 140,945 new cars were registered across Great Britain in October, a declined of -1.6% compared with the same month last year. The SMMT identifies the Welsh ‘firebreak’ as having accounted for more than half of the month’s shortfall against the previous year level. Sales of diesel powered cars were down -38% compared with […]

3/11/2020

Economic Updates

October Manufacturing PMIs This bulletin contains details of the October manufacturing PMIs for the UK and Eurozone.    UK Manufacturing growth sustained in OctoberThe seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index® fell slightly to 53.7 in October, from 54.1 in September, but remained well into the expansion zone, where it has now been for five consecutive months.Output growth […]

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