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United Kingdom · Question · Written question

UIN 64310

British Industrial Competitiveness Scheme

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

1 July 2025

Last action

7 July 2025 · Answer

Status

Answered

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Discovery layer

Source updated

7 July 2025

Summary

To ask the Secretary of State for Business and Trade, what his planned timetable is for the consultation on the British industrial competitiveness scheme.

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Timeline

  1. 1 July 2025

    Written question

    To ask the Secretary of State for Business and Trade, what his planned timetable is for the consultation on the British industrial competitiveness scheme.

    Source: Commons

  2. 7 July 2025

    Answer

    From 2027, the new British Industrial Competitiveness Scheme (BICS) will reduce electricity costs by c.£35-40/MWh for thousands of eligible businesses. These firms will be exempt from paying levies on the Renewables Obligation, Feed-in Tariffs and the Cap...

    Source: Written answer

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