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.
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...
Industry: Trade Competitiveness