Written question asked by Ben Obese-Jecty (Conservative) on Tuesday, 2 September 2025, in the House of Commons. It was due for an answer on Thursday, 4 September 2025. It was answered by Blair McDougall (Labour) on Friday, 12 September 2025 on behalf of the Department for Business and Trade.
British Industrial Competitiveness Scheme
- Question
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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
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The 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 Industrial Strategy.
The Department for Business and Trade has established a new team dedicated to delivering BICS. Officials have begun meeting with stakeholders and a consultation on eligibility for the scheme is planned for later this year.
Secondary information
- Type
- Written question
- Reference
- 74168
- Session
- 2024-26
- Related items
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The UK’s Modern Industrial Strategy
Monday, 23 June 2025
Command papers
House of Commons
House of Lords
- Subjects
- British industrial competitiveness scheme
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-04-28 21:03:31 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/74168
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/74168
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/74168