The Voice of SME's in Engineering

EIA NEWSLETTER - JUNE 2018

CONTENTS:
EIA BUYERS’ GUIDE 2018 / 2019
EIA’S 77TH ANNUAL GENERAL MEETING AND LUNCH
Friday 20 July 2018
NEW ASSOCIATE FOR THE NORTH
Reuben Ash
MEMBERS NEWS
Challenge (Europe) Ltd
Citation
EIA LOBBYING
Genesis Initiative
Department for International Trade (DIT)
Sponsors Alliance (SA)
All Party Parliamentary Manufacturing Group
RESHORING UK
HEALTH AND SAFETY EXECUTIVE (HSE)
GENERAL DATA PROTECTION REGULATION (GDPR)
OPEN TO EXPORT INTERNATIONAL BUSINESS AWARDS
TRADE SHOWS BOTH IN THE UK AND ABROAD
MACH
SUBCON
COBCOE - Invitation to the International Business Festival
National Manufacturing & Supply Chain Conference and Exhibition
EIA SERVICES AND BENEFITS
EVENT LIST
UK Organisations
Webinars
UK Exhibitions
Report on Internationale Eisenwarenmesse 2018
Overseas Exhibition Programme
Exhibit at AMB Stuttgart for £450 Net
DIT SERVICES
REGIONAL CHAIRMEN
ONGOING BENEFITS AVAILABLE TO EIA MEMBERS
Currencies Direct Ltd
IOE & IT
Jaluch Limited
Metallum Insure
Petaurum Solutions
Punter Southall Health & Protection
URICA Limited
Utilitywise Plc
Wallace Hind
TRADE LEADS
Applegate PRO
Qimtek Limited
GRANTS
MCS Corporate Strategies Ltd
R&D Tax Solutions
HEALTH & SAFETY MATTERS
Citation PLC
LEGISLATION
CRONER - Member Telephone Advisory Support
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EIA BUYERS’ GUIDE 2018 / 2019

The EIA are currently collating the next issue of the EIA’s Buyers’ Guide. If you would like to be included then please contact Head Office on head.office@eia.co.uk by 29 June 2018. Prices range from £75 to £850 + VAT.

The Digital version of our current printed directory can be seen at: http://edition.pagesuite-professional.co.uk/html5/reader/production/default.aspx?pubname=&edid=ed84a77a-8a79-4a24-8e7f-43e0c48c7052 
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EIA’S 77TH ANNUAL GENERAL MEETING AND LUNCH

All members are invited to attend the EIA’s AGM.

This will take place on Friday 20 July 2018 in the Park Suite, 62 Bayswater Road, London W2 3PS at 10.30 am.

This will be followed by lunch at the Park Terrace Restaurant, Royal Garden Hotel, Kensington High Street, London W8 4PT.

There will be an optional tour of the Royal Albert Hall.

The lunch is priced at £72 (including wine) and the tour is £16.80 or £14.40 (for seniors). All prices are inclusive of VAT.

Please contact Head Office for a booking form on 0207 269 6455 or head.office@eia.co.uk ___________________________________________________________________

ASSOCIATE CONSULTANT FOR THE NORTH

The EIA are delighted to introduce Reuben Ash as our Associate Consultant for the North.

Reuben has worked with the engineering and manufacturing sector for over 20 years and has vast experience and expertise in helping ambitious companies to increase their turnover and profitability, optimise their IT systems and processes, and improve their communications.

Reuben would like to visit all our Northern based members to introduce himself and ensure that you are getting full value from your membership through all the benefits and services we provide.

Contact Reuben on 07974 750115 or reuben.ash@eia.co.uk 
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MEMBERS NEWS

Challenge (Europe) Ltd - Special and Custom fastener parts from Challenge Europe now available
Challenge Europe specialise in small volume manufacturing projects – custom special jobs that are a problem for bigger manufacturers, where it is not cost-effective to program large and expensive automated equipment. This enables them to optimise performance across a customer manufacturing operation with standard products from stock including many specialist fastener items.

Challenge Europe Rivets make assembly quicker and cheaper
Rivets from Challenge Europe offer a quick, simple, reliable and low cost ex-stock way to join sections of material – either similar – metal to metal, or dissimilar – metal to plastic. Blind rivets are stocked in depth by the expert team at Challenge Europe who aim to partner manufacturers through the design/development/production cycle with standard or custom specifications. Further information on Challenge Europe products can be found on their website – www.challenge-europe.co.uk 
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Citation

Citation HR and Health and Safety support have a number of new areas to bring to the attention of EIA members – How to support employees who are carers; How to report an accident in six simple steps; What to do if an employee ghosts you; Areas that are costing your business money; The cost of lateness to your business. Please see their website: www.citation.co.uk 
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EIA LOBBYING

The Genesis Initiative

The EIA attended the Genesis Breakfast and Senate meeting at the House of Commons on Wednesday 14 March 2018. The Breakfast Speaker was Nicky Morgan MP – Chair of the Treasury Select Committee. Matters discussed included the Treasury Select Committee’s SME Financial Review and small business banking issues, Commonwealth trade and business, access to finance, food sector, SME film sector, identifying the top ten issues for the SME sector, public procurement and SMEs, and the National Apprenticeship Service.

Access to Finance Round Table Meeting
The event was held on the 27 March 2018 at the House of Commons. Since the financial crisis of 2008 there has been an unprecedented rise in the number of Lenders to UK businesses. However, it is known that 80% of UK businesses will still approach their local High Street bank as the first port of call. Whilst access to finance should be not be a problem, awareness and confidence is still holding UK SME back from seeking the right kind of investment. How can we make a change to ensure that the overall UK economy benefits from this great business lending landscape?

Participants included lenders from Challenger Banks, Asset Funders, Peer to Peer Lenders, Crowd Funders, Alternative Finance Providers, Finance Platforms and Financial Trade Associations all with many millions of pounds to lend and Parliamentarians, Genesis Members, UK Business Community and National Trade Press.

The outcomes required are to change the viewpoint of UK business owners in their approach to seeking investment; to encourage government to promote the potential of other types of lenders and funder available in the market; to highlight on a national level the wonderful diversity and opportunity of the UK Business finance sector; To encourage UK SMEs to have the confidence to invest in their business for their own benefit and that of the overall UK economy.

Treasury Select Committee Enquiry into the State of the SME Finance Market
The Genesis Initiative issued a letter of comment to the Treasury Select Committee which provided high-level feedback on the three main areas addressed in the Committee’s review of the SME financial market; Funding options available to SMEs; SME capacity to resolve disputes and access to fair and reasonable compensation when they borrow;  and the regulation of SME lending. Genesis is presently undertaking a detailed review of SME access to finance, which is a work in progress intended to be published in the autumn. The letter was prepared by a working party involved in the access to finance project.

Genesis Initiative launches survey on the impact of Making Tax Digital on SMEs
The UK Government is introducing the Making Tax Digital (MTD) programme, setting out to be one of the most advanced digital tax administrations in the world. Over the coming years, all businesses including sole traders and partnerships will have to submit digital information for tax assessment and reporting purposes. This will start with VAT for businesses above the £85,000 threshold in April 2019, moving on to other taxes for almost all business including the self-employed over the next few years. How will change affect the SME community and how can business input to improve the process of change?

The Genesis Initiative will be running a series of surveys during the period of the digital tax change over. The aim is to build a long term lateral picture, collating the views of different sectors of the SME community to feed back to HMRC and to empower SME voices to optimise this process.

Please complete the following link: hwww.surveymonkey.co.uk/r/GenesisMakingTaxDigital 
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Peter Andrews’ Retirement

The EIA attended a farewell dinner organised by Genesis for Peter Andrews, Agent for the Bank of England to thank him for his work in the SME banking sector and for giving Genesis the opportunity to attend meetings with the Bank to feed in SME opinions through the Surveys that are circulated via Trade Associations through their membership.
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Department for International Trade

DIT sent out their new Terms and Conditions for the coming year. Although Trade Challenge Partners (TCPs) had been advised that there had been no change, upon receipt it was found that DIT and the lawyers had added some new rules and additional work for TCPs.

New appointments at DIT include John Mahon, Director General for Exports, who will report to Antonio Sanchez, the permanent Secretary, who will be responsible for implementing the new Export Strategy.  Nine UK Trade Ambassadors will be appointed to cover regions worldwide

The EIA was selling space for their programme of events and also the Manufacturing Technologies Association DIT sponsored shows worldwide. For a full list see: http://www.eia.co.uk/calendar/ukti-sponsored-shows.aspx or lower down this newsletter.
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Sponsors’ Alliance

The Sponsors’ Alliance advised their members not to sign the new Terms and Conditions until the amendments had been discussed with DIT. Members of Sponsors Alliance had meetings with John Mahon and DIT implementer’s and administrators. The result of this meeting will be circulated and once agreed, the new Terms and Conditions will come in to force as soon as possibly practicable.

Sponsors Alliance are now the administrators of the All Party Parliamentary Group (APPG) for International Trade & Investment. Their inaugural meeting held at the House of Commons on the 28 March attracted Richard Harrington MP, Parliamentary Under Secretary for Business and Industry, who pledged his support. Following a conversation with Richard, he advised that the EIA were always welcome to contact him at his offices in Parliament.
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All-Party Parliamentary Manufacturing Group

The EIA attended an 'in conversation' event with two parliamentarians, leading on important aspects of the Industrial Strategy at Portcullis House, Palace of Westminster on Monday 23 April 2018. Rachel Reeves MP, the chair of the Commons BEIS Select Committee, and Norman Lamb MP, chair of the Commons Science & Technology Select Committee joined the APMG (APPG for Manufacturing) and APGSE (APPG for Skills & Employment) for a no-doubt lively conversation.

The government's Industrial Strategy sets out how to modernise and secure the UK's industrial sector by bridging policy areas such as skills and education, research and development, and international trade. The influential parliamentarians speaking at this event chair select committees holding the government to account and scrutinising these plans.

It was agreed that Government had to put both manufacturing and skills and employment at the heart of the UK’s Policy agenda. Discussions took place on R & D; Supply Chains; Brexit; European Projects; Customs Union; Attracting Young People into Manufacturing; Life Long Skills Training; Ageing Workforce; Women in Engineering; Competitiveness of UK industry; and Short Term Capitalisation rather than Long Term Gains.
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RESHORING UK

Reshoring UK was officially launched on the 16 May 2018 at the Manufacturing Resource Centre, Alcester. 

If your business needs trusted suppliers, Reshoring UK could provide the solution.

A collaboration of 13 leading industrial engineering and technology associations are working together to assist manufacturers connect with trusted accredited suppliers capable of delivering products and services that match their varied requirements.

The EIA are pleased to be one of these suppliers together with the GTMA, BMTA, PMMDA, MMMA, GAMBICA, BAF, CBM, SEA, AILU supported by Lloyds Bank and Innovate UK.

See the website: http://www.reshoringuk.co.uk/ 
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HEALTH & SAFETY EXECUTIVE (HSE)

The Safety and Health Engineering Partnership (SHEP) was launched at the MACH show in April. Visitors to the event had the opportunity to speak with representatives on this initiative which would enable companies to work through their trade associations with the HSE to improve standards within the engineering sector. The initiative received a good response and now we will be promoting this through all the engineering trade associations.

The EIA sent out a survey which requested information on where companies currently obtained information, guidance and assistance on HS matters; which areas companies needed further support with; who assists companies with HSE arrangements; what other support would companies like to be available; and the biggest issues facing SMEs with HS. Results where fed back to the HSE

HSE run a wide variety of training courses and workshops, covering issues across a range of sectors and topic see: http://www.hse.gov.uk/events/index.htm 
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GENERAL DATA PROTECTION REGULATION (GDPR)

The General Data Protection Regulation (GDPR) (EU) is a regulation in EU law on data protection and privacy for all individuals within the European Union. It also addresses the export of personal data outside the EU. The GDPR aims primarily to give control to citizens and residents over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU.

It was adopted on 14 April 2016 and after a two-year transition period, becomes enforceable on 25 May 2018. GDPR replaces the 1995 Data Protection Directive and because the GDPR is a regulation, not a directive, it does not require national governments to pass any enabling legislation and is directly binding and applicable.

Please ensure that your company is GDPR compliant as there are massive fines if you do not comply.

See the following website for more information: https://croner.co.uk/news/preparing-gdpr-10-top-tips-employers/ 
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OPEN TO EXPORT INTERNATIONAL BUSINESS AWARDS

The Open to Export International Business Awards is a great opportunity for SMEs from all over the world to win $5000 towards their export plans. Please see: https://opentoexport.com/international-business-awards/Export Action Plans should be submitted by 8 August 2018. Supported by the World Trade Organisation, the International Chamber of Commerce, and the Institute of Export & International Trade.
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TRADE SHOWS BOTH IN THE UK AND ABROAD

MACH 2018

The EIA attended the MACH exhibition and gave us the opportunity to speak with members and non-members on the benefits and services of the Association. We met quite a few new companies who will be participating on some of the DIT funded exhibitions. The exhibition also gave the EIA to opportunity to meet with the DIT Advanced Engineering Sector Team, Regional Engineering International Trade Directors as well as Louis Taylor, Chief Executive of UK Export Finance. Baroness Fairhead CBE, Minister of State for Trade & Export Promotion at DIT attended the fair. Peter Redfern, Curriculum Manager Engineering at Tameside College (members of the EIA) took the opportunity to take a group of 20 students to the MACH exhibition to see the Education and Development section and the Organisers of the show.

The world’s fastest supersonic car the Bloodhound SCC which is designed not only to go faster than the speed of sound, but to over 1,000 mph was on show at the exhibition as part of the Bloundhound Project, to inspire the next generation to enjoy, explore and get involved in science, technology, engineering and mathematics.
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SUBCON 2018

To register your attendance at Subcon 2018 please visit www.subconshow.co.uk

We have arranged for EIA members to obtain VIP badges in order to receive additional benefits at Subcon. VIP attendance benefits for those who qualify (senior job titles, buyers and company directors) include:

  • Access to The VIP Buyer Networking Lounge, sponsored by Qimtek – a dedicated area at the show
  • Complimentary Networking Lunch – served in the Buyer Networking Lounge
  • Complimentary Car Parking at the NEC if required
  • Invitation to the Qimtek drinks reception

For access log on to:
https://registration.n200.com/survey/2vv4gx29kg5xp?utm_source=EIA_members_VIP_link&utm_medium=Email&utm_content=subcon18_VIPlink_preregistration_EIA&utm_campaign=Subcon18_prereg

For details on the Conference see: http://www.subconshow.co.uk/conference/2018-programme?utm_source=EIA_email2&utm_medium=Email&utm_content=sub18_confprogramme_EIA_email2_conflaunch&utm_campaign=Sub18_conferenc
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COBCOE - Invitation to the International Business Festival in Liverpool in June 2018

We are supporting the COBCOE Conference on 12 June through our affiliation with COBCOE – the Council of British Chambers of Commerce in Europe. The one-day conference will cover a broad range of topics, including: What the desired Brexit agreement will look like; Government strategies to promote skills, productivity, FDI and UK-EU trade after Brexit; Changes to supply chains and changes to the way we work brought about by new trade relationships, new technologies and the rise of Central Eastern Europe; How UK and European businesses can compete in fast-changing global markets

For further information see https://www.eventbrite.co.uk/e/brexit-ambition-tickets-39616245256.
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National Manufacturing & Supply Chain

The National Manufacturing & Supply Chain Conference and Exhibition will take place in Coventry on 26 June 2018. The exhibition attracts over 2,000 delegates in leading food, pharmaceutical, medical, chemical, electronics and engineering manufacturing sectors who will attend to meet, network and trade with over 100 exhibitors of equipment, technology and services.

Register now for your complimentary ticket using the Promotional Code: EIA2018 on http://www.manufacturingevent.co.uk/.
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EIA SERVICES AND BENEFITS

The EIA provide an enormous number of services and benefits for members. We would be delighted to update you so that you see how we can assist you to run your business together with money saving initiatives. If you would like us to send you a leaflet contact head.office@eia.co.uk. ___________________________________________________________________

EVENT LIST

UK ORGANISATIONS

BARNSLEY & ROTHERHAM CHAMBER OF COMMERCE
For a list of events see: http://www.brchamber.co.uk/events

CHINA-BRITAIN BUSINESS COUNCIL (CBBC)
For a list of events see: http://www.cbbc.org/whatson/events/

COUNCIL OF BRITISH CHAMBERS OF COMMERCE IN EUROPE (COBCOE)
For a list of events see: http://www.cobcoe.eu/events/

RAIL MENTOR – THE GATEWAY TO BUSINESS GROWTH
For further information see: www.railmentor.com

SOUTH YORKSHIRE INTERNATIONAL TRADE CENTRE
For a list of events see: http://www.syitc.com/events

INTERNATIONAL TRADE FORUM (SHEFFIELD)
For a list of events see: http://www.intradeforum.co.uk/ 
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WEBINARS

A list of Department for International Trade Webinars can be found on https://www.events.trade.gov.uk/upcoming-webinars/ 
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UK EXHIBITIONS

SUBCON
5 – 7 JUNE 2018
NEC Birmingham
http://www.subconshow.co.uk/

AUTOMECHANIKA
5 – 7 JUNE 2018
NEC Birmingham
https://www.automechanika-birmingham.com/

INTERNATIONAL BUSINESS FESTIVAL
12 – 28 JUNE 2018
Liverpool
International Manufacturing Day 20th June
http://internationalbusinessfestival.com

NATIONAL MANUFACTURING & SUPPLY CHAIN CONFERENCE AND EXHIBITION
Incorporating: The Lean Productivity and Continuous Improvement Summit Expo UK, Lab and Cleanroom, Research & Innovation Live
26 JUNE 2018
Ricoh Arena, Coventry
http://www.manufacturingevent.co.uk/

NORTHERN MANUFACTURING AND ELECTRONICS
26 – 27 SEPTEMBER 2018
Event City, Manchester
http://www.industrynorth.co.uk/

ADVANCED ENGINEERING UK
AERO ENGINEERING
COMPOSITES ENGINEERING
AUTOMOTIVE ENGINEERING
PERFORMANCE METALS ENGINEERING
CONNECTED MANUFACTURING
31 OCTOBER – 1 NOVEMBER 2018
NEC Birmingham
http://www.easyfairs.com/advanced-engineering-2018/ 
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Report on Internationale Eisenwarenmesse 2018

The EIA led a group of 19 DIT and non DIT sponsored exhibitors to the Internationale Eisenwarenmesse show on behalf of the MTA and the Federation of British Hand Tool Manufacturers. The show attracted 2,770 exhibitors from 58 countries and over 47,000 trade visitors from 143 countries. The Pavilion is sited in the Hand Tool Section of the show in a very prominent position. All exhibitors reported great business as this the main show for DIY stores across the globe looking to purchase new products.

For information on this year’s event see their website: www.eisenwarenmesse.com. We will be organising another UK group for the 2020 show which will take place from the 1 – 4 March.
For further information contact karen.finegold@eia.co.uk.
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OVERSEAS EXHIBITION PROGRAMME

The EIA have received confirmation that the following EIA and MTA international overseas trade shows are being supported by the Department for International Trade with up to £2,500 available to eligible exporting companies exhibiting at these events.

Contact: Karen Finegold on Karen.finegold@eia.co.uk for further information.

MTA VIETNAM
The 16th International Precision Engineering, Machine Tools and Metalworking Exhibition
3 – 6 July 2018
Ho Chi Minh City, Vietnam
http://www.mtavietnam.com

MSPO 2018
The 26th International Defence Industry Exhibition
4 – 7 September 2018
Kielce, Poland
http://www.targikielce.pl/en/25th-international-defence-industry-exhibition-mspo,12500.htm 

IMTS
International Manufacturing Technology Show
10 – 15 September 2018
Chicago, USA
https://www.imts.com/

AMB
International exhibition for metal working
18 – 22 September 2018
Stuttgart, Germany
https://www.messe-stuttgart.de/amb 

METALEX*
31st Edition of ASEAN’s Largest International Machine Tool and Metalworking Technology Trade Exhibition and Conference
21 – 24 November 2018
Bangkok, Thailand
http://www.metalex.co.th/

STEELFAB
Middle East’s Premier Show for Metalworking, Metal Manufacturing and Steel Fabrication Industry
14 – 17 January 2019
Sharjah, UAE
http://www.steelfabme.com/

IMTEX
Indian Tool Cutting & Machine Tool Exhibition
TOOLTECH
Cutting Tool, Tooling Systems, Machine Tool Accessories, Metrology and CAD/CAM
24 – 29 January 2019
Bangalore, India
http://imtex.in/ 

THE BIG SHOW OMAN
16th International Exhibition of Building and Construction
March 2019
Muscat, Oman
http://www.thebigshow-oman.com

CIMT*
China International Machine Tool Show
15 – 20 April 2019
Beijing, China
http://www.cimtshow.com

*Not funded

For a full list of DIT supported shows see: https://www.gov.uk/guidance/tradeshow-accessprogramme 
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Exhibit at AMB Stuttgart for £450 Net

As the AMB show is completely sold out, the MTA, who have an information stand at the show in Hall 6 in the Gallery Area, are offering companies a panel where they can promote their businesses as co-exhibitors. Each company would be listed in the catalogue printed and online, and electronic visitor information system, and visitors guide, on the trade fair app, entry on the online hall plan, receive advertising media, individual visitor flyers with motive, codes for visitors, exhibitor pass, party invite, wifi code, panel and graphic print (company to provide artwork), literature rack, access to storage area, and access to a stand host/translator.

The cost will be £1,950 and companies who qualify for the DIT subvention of £1,500 would therefore only be paying £450. We only have six panels available and therefore these will be allocated on a first come first served basis.

AMB 2016, attracted 1,469 exhibitors (408 international), and 86,166 visitors (13.787 international) in 70,377 m2 of nett space. See their website https://www.messe-stuttgart.de/amb/en/

For further information on the MTA Package contact: Karen Finegold.
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DIT SERVICES

DIT offer a range of UK international trade services to UK companies including the Export Opportunities, High Value Opportunities, E-Exporting, Tradeshow Access Programme, Events Trade Fairs, Missions, and Webinars, Overseas Market Introductions as well support from a UKTI International Trade Advisor can be found on:
https://www.gov.uk/government/organisations/uk-trade-investment/about/about-our-services

UK Export Finance and Open To Export can be found on the following websites:
https://www.gov.uk/government/organisations/uk-export-finance www.opentoexport.com 
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REGIONAL CHAIRMEN

The EIA have regional Chairmen who would be happy to assist member companies.

Please contact:

North West Chairman, Peter Thornhill on 07710 079644 or peter@reshawwilliams.co.uk
Associate Consultant for the North, Reuben Ash on 07974 750115 or reuben.ash@eia.co.uk

Southern Chairman, Mac Ghadially on 07770 795905 or mac.ghadially@gmail.com

The EIA also has a Chinese Partner, Hanming Lee, based in Beijing China
Tel: +86 10 51660311 email: ukbusiness@en-creative.com or ming@en-creative.com
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ONGOING BENEFITS AVAILABLE TO EIA MEMBERS

Currencies Direct - Your trusted FX partner

Our online FX management service iPayFX allows you to manage your businesses hedging, payment and treasury requirements easily and cheaply. In addition, you can be allocated a personal dealer to guide you through and implement a new strategy.

For more information call +44 (0) 207 847 9400  web: www.currenciesdirect.com/business 
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Institute of Export & International Trade

The EIA have partnered with the Institute of Export who are the professional membership body representing and supporting the interests of everyone involved in importing, exporting and international trade.

The EIA are now able to offer its members’ access to the IOE’s Helpline, for all export related enquiries, and a reduction on the price of IOE’s training and educational programmes.

Training Programmes can be found on: http://www.export.org.uk/page/TrainingCourses

For further information, please see www.export.org.uk, contact Luke Allingham at the IOE on luke.allingham@export.org.uk or Tel: +44 (0) 1733 40423.
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Jaluch Limitedwww.jaluch.co.uk

Jaluch are an HR and Training business known for their straight talking, reassuring advice, and for their ability to work with any culture big or small. They would be happy to discuss any needs you may have. Contact Rachel on 01415 479 888 or rachel@jaluch.co.uk
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Metallum Insure

Metallum Insure, is a unique Commercial Combined Policy available exclusively to members of the Engineering Industries Association. Companies have been most happy with the quotations received and both new and existing members, have made the decision to insure their business through Metallum. Underwritten by leading ‘A’ Rated insurers, cover is flexible and can be tailored to meet individual requirements, fitting a wide range of industries and processes in the engineering sector. In addition, subsidised EIA membership fees are available to Metallum Insure Policyholders.

To learn more visit www.metalluminsure.com or call the friendly team on 0161 483 3888

Renshaw Williams & Co limited Great Moor House, 2 Fence Street, Great Moor, Stockport, Cheshire SK2 7HP www.renshawwilliams.co.uk 
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Petaurum Solutions - Auto Enrolment Non-Compliance is Simply not an Option

From June to September 2016, 15,073 compliance notices were issue, to remedy a breach of one or more automatic enrolment employer duties, up from 3,392 in the previous quarter. With the compliance notice comes the risk of a fine of £400 for failure to comply.  Failure to comply with a compliance notice will lead to the TPR issuing escalating penalty notices, which carry a fine of between 30 - £10,000 per day. EIA member Petaurum Solutions can assist you to set up your company Auto Enrolment with a £375 set up fee. Contact: http://petaurumsolutions.co.uk/eia-enrolment-page For more infomation on the Pensions Regulator Report click on http://www.thepensionsregulator.gov.uk/docs/automatic-enrolmentuse-of-powers-sept-2016.pdf 
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Punter Southall Health & Protection

As part of your membership benefits you have access to the health and wellness advice of Punter Southall Health & Protection – formally PHP. 

Punter Southall Health & Protection are an independent health and wellness specialist, working with companies of all sizes, consumers and their families, to source the best healthcare solution to suit your needs.

Their expert consultant and customer service teams are renowned. Their knowledge, expertise and commitment means they get to know what really works for you and when relevant, are able to think further than the usual solutions.

For more information visit our website www.pshp.co.ukor contact your partnership account manager, Katy Lyles on 01274 588 862 or email partnerenquiries@pshp.co.uk
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URICA

URICA and the EIA have announced a partnership to Drive Access to Funding in the Engineering Sector. The EIA has secured over £300m of funding for its members.

URICA rewrites the rules by providing SMEs with early cash payment of their invoices without any need for debt, security or personal guarantees. They take on all of the risk of non-payment and the responsibility for chasing and collecting debt. At the same time it provides their customers with a strengthened supply chain and an opportunity for extended credit.  It is not invoice discounting as that’s just debt by another name.

120 days – URICA is now able to provide up to 120 days credit terms which opens it up to even more businesses particularly those who are working with the Far East where these terms can be standard.

For further information contact Sir Ronald Halstead on 0207 298 6455 or email your enquiry to head.office@eia.co.uk
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UtilityWise

The EIA are pleased to announce the launch of the EIA Gas & Electricity Purchasing Group, an exclusive energy offering powered by Utilitywise Plc.

The more members who sign up, the lower the price could be. It is as simple as that.

As well as a competitive energy deal you will get:

  • More Time: we will take care of the paperwork and contact suppliers directly
  • Rid you of estimated bills
  • Offer you a full Utility Management Plan included into your energy tariff to help you reduce your utility costs, understand your bills and for someone to be on hand to answer any questions you have about your utilities
  • Installation of monitoring and control equipment to reduce waste – our Utility Insight SmartDash App will help you see where, when and how you are using your energy
  • Help to reduct your energy use by up to 20%

The EIA Gas & Electricity Purchasing Group deal is open now – see attached leaflet.

To register your interest or to find out more information please call 0333 0000 0131 or email partners@utilitywise.com and quote ‘EIA Gas & Electricity Purchasing Group’.
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Wallace Hind

We are an experience search and selection recruitment consultancy that has an established reputation for successfully recruiting key personnel for SME’S and major organisations across the UK and Europe. We have partnered with the EIA to offer all members a professional, ethical and efficient recruitment process across all functions and markets.

Areas of Recruitment include engineering roles at all levels 

  • Managing Director
  • Sales Director
  • Sales Engineers
  • Production Director
  • Service Engineers
  • Maintenance Engineers
  • Cad Designers
  • Project Managers
  • Programme Managers
  • Graduate Trainee
  • QA – HSE
  • Marketing Manager
  • Design Engineers
  • Export Manager
  • Technical Specialist
  • Engineering Manager
  • Procurement
  • IT & Finance

Our approach is structured, rigorous and comprehensive, one that consistently delivers. We are proud to have a 97% success rate of completing retained assignments. If you need to recruit Engineering Professionals please contact Ian Lyons, Partner on 01604 683306 or 07747 042490 email: il@wallacehind.com website: www.wallacehind.com 
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TRADE LEADS

EIA members are invited to promote their spare capacity, request assistance with outsourcing or promote machines for sale on our trade leads section of our website. Email your leads to head.office@eia.co.uk. See www.eia.co.uk/trade-leads.sapx for latest trade leads.
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Applegate

The EIA have also partnered with Applegate PRO who source and promote leads for UK engineering companies. The EIA have negotiated a discount for EIA members to receive leads. See website: https://www.applegate.co.uk/?skinId=28&awc=6018_1519736288_95ee233ee68e09cb0f843cdf496a76af 
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Qimtek

Additionally, Qimtek Limited provide engineering leads at special rates for EIA members. See www.qimtek.co.uk/rfq/engineering.html 
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GRANTS 

Information on the latest European grants, UK Government grants and other sources of funding to help start and grow your business (promoting, improving productivity, buying equipment, employing staff etc) in all UK regions can be found on www.j4bgrants.co.uk 
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MCS Corporate

EIA Member, MCS Corporate Strategies Ltd can give further information on any of the following, details below:

  • New R&D tax plans
  • BEPs
  • Seed Investment Scheme (SEIS)
  • Annual investment allowance
  • Enterprise Zones (EZ): Enhanced Capital Allowances (ECAs)
  • Enhanced Capital allowances (ECA) for zero emission goods vehicles

Contact: Greville Warwick on 01926 512 475   e.mail: info@ncs-net.com  web: www.mcs-corporate.com

New R&D tax plans – David Gauke, the Financial Secretary to the Treasury, has launched a new plan to make it easier for small businesses (defined as companies with a turnover of less than £2m and fewer than 50 employees) to claim R&D tax relief. Conceived in response to an HMRC consultation, the two year plan aims to increase take-up of R&D tax relief through raising awareness of the relief among SMEs and making it easier for them to apply.

BEPs - MCS Corporate Strategies Ltd studied and responded in full to the recent Government Consultation document on Base Erosion and Profit Shifting (BEPs), which proposes legislation in 2016 to regulate the way R&D Tax Credits and Patent Box may be administered and maximized for SME’s and Large Companies.

Seed Investment Scheme (SEIS) made permanent - Two years after establishing the Seed Enterprise Investment Scheme (SEIS), the Government has announced that its success has led to a decision to make it permanent.

The initiative means that SEIS investors can commit up to £150,000 in a single company, and in return receive tax relief of 50 per cent on their income tax for the year the investment is made.

Annual investment allowance: increase to £500,000 for extended temporary period - The measure increases the maximum amount of the annual investment allowance (AIA) to £500,000 from 1 April 2014 for corporation tax (CT) and 6 April 2014 for income tax (IT) to 31 December 2015 after which it was planned to return to £25,000. However, the Chancellor announced in the 2015 Autumn Statement that the investment allowance would be £200,000 from 1 January 2016.

Enterprise Zones (EZ): Enhanced Capital Allowances (ECAs) - Legislation was introduced in Finance Bill 2014 to extend the period in which 100% ECAs are available in EZs by 3 years until 31 March 2020, and to include a power to make future extensions to the duration of ECA schemes by Treasury order. A pilot EZ will also be established in Northern Ireland. ECAs are available to companies investing in qualifying plant and machinery on designated sites within EZ. These changes had effect from Royal Assent to Finance Bill 2014.

Enhanced Capital allowances (ECA) for zero emission goods vehicles - The government will extend the ECA for zero emission goods vehicles to March/April 2018. However, to comply with EU State aid rules the availability of the ECA will be limited to businesses that do not claim the Government’s Plug-In Van Grant. Legislation was in Finance Bill 2015.
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R&D Tax Solutions

EIA Member, R&D Tax Solutions can also give advice on tax credits

Contact Evgeni Vachkov for more information on 0161 298 1010 ___________________________________________________________________

HEALTH & SAFETY MATTERS

The Health & Safety Executive (HSE) is the authoritative body in Great Britain for issues relating to health and safety in the workplace. The HSE website provides online search and ordering facilities for their publications and is updated daily. You can order by telephone, fax, email or post. Contact details: HSE, PO Box 199, Sudbury, Suffolk CO10 2WA. Tel: 01787 881165 or www.hsebooks.co.uk and the Stationary Office can be contacted on 020 7873 0011.
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Citation

Citation PLC can provide advice on Health and Safety and Employment law and offer training courses all over the country. Free guides are also available for members and for a free audit of your existing compliance standard, call Citation on 0845 844 1111.

Don’t forget to mention that you are an EIA member in order to get your discount on the Citation service. www.citation.co.uk/engineering 
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LEGISLATION

The Governments new website aims to assist companies start, grow and improve their businesses. It is the Governments primary support service.

For up-to-date information, support and compliance see: https://www.gov.uk/browse/business 
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CRONER - MEMBER TELEPHONE ADVISORY SUPPORT

What is The Member Telephone Advisory Support?

Engineering Industries Association has teamed up with Croner to offer you access to the Croner Business Support Advice Line as a benefit of your membership subscription, at no additional charge.

With over 70 years’ experience, Croner is the leading provider of compliance solutions to UK businesses. Croner employs specialists, all having professional backgrounds and qualifications, many of them experienced solicitors, so members can benefit from their extensive knowledge and practical experience, in their respective fields.  The advice Croner provide is ‘solution based’ rather than legal jargon and always up to date and relevant.

What can I receive advice on?

Telephone Advice and guidance will be provided in UK Law and practice in the following areas:

  • Health and Safety
  • Employment Law and Personnel
  • Tax, VAT, PAYE, NIC, & Payroll
  • Commercial legal matters

What are the benefits?

You’ll enjoy the following benefits from our the Croner consultancy team

  • Peace of mind - Access to a team of professional advisors with unparalleled knowledge, qualifications and experience. All from professional backgrounds many of them experienced HR Professionals, solicitors, along with ex Inland Revenue, tax & vat consultants and also Tech IOSH qualified safety consultants.
  • Save money - 1 hour of employment law advice with an experienced employment law solicitor could cost in excess of £200 per hour. This level of advice is included in your membership subscription, so saving you money and offering you peace of mind that you are turning to industry professionals for support.
  • Save Time – Searching the internet for the correct document or piece of legislation can take an incredible amount of time, along with the added stress that as the internet is not controlled, the legislation you have found could be out of date or the document is not suitable for use within the UK.

How do I contact the Consultants?

Full details were sent in your membership pack or contact EIA Head Office at head.office@eia.co.uk or telephone 0207 298 6455.

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We are constantly making changes to the EIA newsletter. Please let us know if there is anything that you would like us to include. Or if you have an item of news, a new product to promote, new premises, new state of the art equipment, have won a good order or an award, or any item that you think would interest other members, or that you think members should be aware of, please send this to me on karen.finegold@eia.co.uk ___________________________________________________________________