Intelligence Briefing 12th November 2015

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In this issue: Weekly Focus: Lord Mandelson addresses inaugural Annual Manufacturing Lecture | Spending Review on the agenda with Chancellor | EEF meets Shadow Business Secretary | Skills on the agenda with APMG Chair Chris White | EEF meets new Conservative MP for Bath | EEF CEO to deliver keynote speech at Manufacturer’s conference | BIS/UKTI market access barriers business survey | In the media | Week in Review | The week ahead | Blogs from this week

Weekly Focus: Lord Mandelson addresses inaugural Annual Manufacturing Lecture

This week EEF held its inaugural Annual Manufacturing Lecture at the Royal Society in London. It is intended that this will become an important annual event which will help frame the future economic and business agenda and help position EEF with senior guests from our member companies, key targets and other stakeholders whose work affects our sector. The lecture was also part of our EU campaign and was timely in the light of the Prime Minister’s speech earlier in the day setting out the terms of renegotiation.

The lecture was delivered by former Business Secretary, EU Commissioner and Secretary of State for Northern Ireland, Lord Mandelson, who laid out a powerful case as to why Britain should remain within the EU.

LordMandelson

For further information please contact Mark Swift, Head of Communications

Spending Review on the agenda with Chancellor

EEF Chief Executive Terry Scuoler met with Chancellor George Osborne this week to discuss key issues ahead of the Spending Review, the details of which will be announced later in November. Key themes on the agenda at the Treasury included the Government’s proposed apprenticeship levy, support for innovation and research, and the steel industry. Mr Scuoler and the Chancellor also discussed the EU, including issues connected to the forthcoming renegotiation and referendum.

For further information please contact Hywel Jarman, Director of External Affairs

EEF meets Shadow Business Secretary

EEF met the Shadow Business Secretary, Angela Eagle MP, to discuss the on-going and pressing need for the UK Government to support the steel industry through difficult times. We also discussed the forthcoming Spending Review, with the need to support science and innovation, and the skills challenges in the manufacturing sector in light of the future apprenticeship levy. EEF will be building on this exchange, and will be regularly meeting the Shadow Business Secretary in the future.

For further information please contact Hywel Jarman, Director of External Affairs

Skills on the agenda with APMG Chair Chris White

EEF met Chris White MP, Chair of the All-Party Parliamentary Group on Manufacturing (APMG), following on from our September Employment and Skills policy meeting, which he attended. Mr White is a keen supporter of UK manufacturing, having formerly worked in the sector, and representing a Midlands constituency. Skills was again on the agenda, as was the latest round of economic data which revealed a challenging environment for manufacturers. He will be authoring a series of Parliamentary articles in the coming months, highlighting our sector, and continuing to raise its profile in Westminster, which EEF will be supporting.

For further information please contact Tim Thomas, Head of Employment Policy

EEF meets new Conservative MP for Bath

EEF met the new Conservative MP for Bath, Ben Howlett, as part of our ongoing engagement with new MPs from all parties. Mr Howlett is a member of the Women and Equalities Select Committee, so we briefed him on manufacturers’ priorities around gender pay reporting, as well as promoting diversity in STEM, and we heard about his priorities for the area. EEF will continue to meet and brief new MPs with a particular interest in the sector.

For further information please contact Celia Charlwood, Government Affairs Adviser

EEF CEO to deliver keynote speech at Manufacturer’s conference

EEF’s CEO, Terry Scuoler, will be speaking at The Manufacture’s Annual Leaders Conference on 25-26 November at the ICC in Birmingham. The focus of this year’s conference will be on the circular economy and the opportunity for manufacturers to explore new streams of revenue. For more information or to book your place, visit the conference website.

BIS/UKTI market access barriers business survey

UBIS and UKTI are conducting a business survey about existing market access barriers to trade in Australia, New Zealand, Tunisia, Morocco and India. If your business trades or is looking to trade with any of these countries, please complete the survey by Friday 27th November.

In the media

Lord Mandelson’s EU speech, which was delivered at EEF’s Annual Manufacturing Lecture, was covered in The Financial Times, The Daily Telegraph, The Independent and The Evening Standard.

UK Steel’s comments ahead of the EU emergency summit on steel generated wide-spread coverage in The Times (£), The Financial Times (£), The Daily Telegraph, The Guardian, The Daily Mail and BBC News.

Our response to the latest IoP and trade data featured in The Times (link unavailable), The Guardian, The Daily Mail and Sky News.

The Financial Times (£) quoted EEF in an article about the government’s proposed apprenticeship training levy.

For more information contact Sophie Carroll, External Affairs Executive

Week in review

Index of production

ONS estimate that production output grew 0.2% in Q3, while manufacturing output fell by 0.4% in the same period. However, looking on a monthly basis, in September 2015, manufacturing output increased by 0.8%, the largest monthly rise since April 2014.

UK Trade

The UK’s deficit on trade in goods and services was estimated to have been £8.5 billion in Q3, widening by £5.1 billion when compared with Q2. However, between August and September the trade deficit narrowed by £1.6bn as exports of goods increased by £0.6bn and imports of goods fell by £0.9bn.

Labour market statistics

The number of people in work increased by 177,000 in the three months to September, compared with the previous three-month period. This took the employment rate up to 73.7%, once again the highest since records began. The unemployment rate fell to 5.3%, just above the pre-downturn trough of 5.2%.

The week ahead

17th Nov: Consumer prices

Blogs from this week

09 Nov 2015
Week ahead 9 November by Zach Witton

09 Nov 2015
Take part in the latest EEF Manufacturing Outlook survey

10 Nov 2015
Can we replace the EU market? by George Nikolaidis

10 Nov 2015
How do we get towards the export target? by Madeleine Scott

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