Written Question·Department for Business and Trade·UIN 17079

British Industrial Competitiveness Scheme

Tabled: 8 July 2026

Answered: 13 July 2026

Question

Mr Andrew Snowden

To ask the Secretary of State for Business and Trade, what the budget for the British Industrial Competitiveness Scheme is over the Spending Review period.

Answer

Chris McDonald

Based on current assumptions, the budget for the British Industrial Competitiveness scheme is expected to be around £600 million on average per annum. These estimates are subject to consumption forecasts.The scheme will be funded through a combination of ...

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