British Industrial Competitiveness Scheme
Commons · Question 84538 · Tabled 22 Oct 2025 · Department for Business and Trade · Official record
Answered 27 Oct 2025
Question
Asked by Blake Stephenson
To ask the Secretary of State for Business and Trade, with reference to the press release entitled Powering Britain's future: Electricity bills to be slashed for over 7,000 businesses in major industry shake-up, published on 22 June 2025, what estimate he
Answer
Answered by Chris McDonald, 27 Oct 2025
As stated in the Modern Industrial Strategy, we intend to fund the British Industrial Competitiveness Scheme by bearing down on levies and other costs in the energy system.