British Industrial Competitiveness Scheme: Plastics
The question
To ask the Secretary of State for Business and Trade, whether companies in the UK plastics manufacturing sector will be eligible for inclusion in the British Industrial Competitiveness Scheme.
Answered by Chris McDonald
As set out in the Industrial Strategy, the British Industrial Competitiveness Scheme will support eligible manufacturing frontier industries within ‘IS-8’ manufacturing sectors and manufacturing foundational industries that provide key inputs to those frontier sectors, subject to meeting a threshold of electricity intensity. The Department for Business and Trade has recently launched a consultation outlining the proposed methodology for identifying eligible businesses within these parameters. The consultation document includes an indicative list of eligible industries.
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