Dossier
British Industrial Competitiveness Scheme
Coverage of British Industrial Competitiveness Scheme in the Nexus archive.
- Reeves gives more energy bill support to businesses as Iran war pushes up costs
Rachel Reeves has expanded the British Industrial Competitiveness Scheme (BICS) to support 10,000 energy-intensive UK businesses, aiming to cut energy bills by up to 25%. The scheme, delayed until next year, responds to rising costs driven by the Middle East conflict and Iran's role in escalating tensions.