British Industrial Competitiveness Scheme: Metals
The question
To ask the Secretary of State for Business and Trade, what assessment his Department had made of the potential merits of including the metals recycling industry on the list of eligible sectors for the forthcoming British Industrial Competitiveness Scheme.
Answered by Chris McDonald
The Government recently closed a consultation on eligibility for the British Industrial Competitiveness Scheme (BICS) where businesses were invited to share their views on the proposed methodology. Decisions on eligibility will now be taken to ensure the scheme is properly geared towards boosting growth in the economy; through attracting investment in Industrial Strategy frontier manufacturing sectors and foundational manufacturing industries that supply key inputs to the Industrial Strategy frontier sectors.
The Industrial Strategy frontier and foundational sectors were selected following the Government’s consultation of the Modern Industrial Strategy in the autumn of 2024.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →