British Industrial Competitiveness Scheme
The question
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential merits of including the metal packaging industry in the British Industrial Competitiveness Scheme.
Answered by Chris McDonald
From 2027, the British Industrial Competitiveness Scheme will benefit over 10,000 eligible businesses, reducing electricity costs by up to £40 per megawatt hour. The Government published its response to the consultation on eligibility in April, which included the list of eligible SIC and HS codes.
That list was determined through a multi-stage analytical process, including formal consultation with businesses. This ensured the list is robust and targets support where it will have the greatest impact on growth, focusing on manufacturing across the Industrial Strategy’s growth sectors.
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