Written Question·Department for Business and Trade·UIN 15371
British Industrial Competitiveness Scheme
Tabled: 2 July 2026
Answered: 8 July 2026
Question
Justin Madders
Labour — Ellesmere Port and Bromborough
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of the British Industrial Competitive Scheme on levels of business investment.
Answer
Chris McDonaldFrom 2027, The British Industrial Competitiveness Scheme will reduce electricity costs by up to £40 per megawatt hour for over 10,000 eligible manufacturing businesses. This will help bring electricity costs more in line with other European economies and ...
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