Written questions

British Industrial Competitiveness Scheme

2026-07-07 · Department for Business and Trade · 17079 · Official question

Mr Andrew Snowden

Question

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

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 ...

British Industrial Competitiveness Scheme | Written question | Institrace