| Heading: |
Industry: Trade Competitiveness |
| Question ID: |
1818418 |
| UIN: |
64244 |
| House: |
Commons |
| Date tabled: |
2025-07-01 |
| Asking Member ID: |
5208 |
| Asking Member display name: |
Perran Moon
|
| Asking Member handle: |
perran4crh
|
| Asking Member Twitter reference: |
@perran4crh
|
| Member interest: |
false |
| Question text: |
To ask the Secretary of State for Business and Trade, if he will set out the terms of reference for the consultation on the British industrial competitiveness scheme. |
| Is named day: |
false |
| Date of holding answer: |
|
| Date answered: |
2025-07-07 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4631 |
| Answering Member display name: |
Sarah Jones
|
| Answering Member handle: |
LabourSJ
|
| Answering Member Twitter reference: |
@LabourSJ
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
|
| Answer text: |
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... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
214 |
| Answering body name: |
Department for Business and Trade |
| Tweeted: |
true |