Written Question·Department for Business and Trade·UIN 74168
Industry: Trade Competitiveness
Tabled: 2 September 2025
Answered: 12 September 2025
Question
Ben Obese-Jecty
Conservative — Huntingdon
To ask the Secretary of State for Business and Trade, with reference to the UK’s Modern Industrial Strategy, CP 1337, published on 23 June 2025, what progress he has made on creating the new British Industrial Competitiveness Scheme.
Answer
Blair McDougallThe British Industrial Competitiveness Scheme (BICS) will be implemented from 2027, reducing electricity costs by approximately £35-40/MWh for eligible businesses in foundational industries and high-growth manufacturing sectors identified in the Industria...
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