British Industrial Competitiveness Scheme Debate

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Department: Department for Business and Trade

British Industrial Competitiveness Scheme

Liz Saville Roberts Excerpts
Thursday 16th April 2026

(1 day, 15 hours ago)

Commons Chamber
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Peter Kyle Portrait Peter Kyle
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I am extremely grateful for my hon. Friend’s representations and reflections. I can assure her that the BIC scheme is being calculated on the electricity intensity threshold. It is for those manufacturing businesses that have electricity as a significant part of their costs of doing business. In the summer, we will announce an eligibility checker so that every business can go and check their own eligibility for the scheme going forward. I am keen to stay in touch with her because her area around Derby, of course, is part of the manufacturing renaissance, creating great opportunities for not just her region, but the whole country.

Liz Saville Roberts Portrait Liz Saville Roberts (Dwyfor Meirionnydd) (PC)
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The Minister’s comments about the potential of energy production in north Wales are to be welcomed because we have been waiting for a very long time. He will also know that energy markets have a direct impact on agriculture, and farmers are facing agflation at 7.6%. That hits Welsh farmers hard because many have to hold back on buying fertiliser until livestock can be turned out, and that is happening now—those prices are hitting them now. They face fertiliser price increases of up to 80% as a direct result of Trump’s warmongering. NFU Cymru leaders met the Secretary of State’s Wales Office colleagues in London this week. Could he tell me whether there was a solid result that farmers can see a benefit from following that meeting?

Peter Kyle Portrait Peter Kyle
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I am thankful for the right hon. Member’s acknowledgment of the work we are doing to invest in Wales—not only the small modular reactor, which we are already starting to construct the site for, but the investment in two AI growth zones. This is a Government that, since we came into office, take investment into Wales and the reindustrialisation of Wales incredibly seriously, and both those things are starting now.

On food and agriculture, I spoke just yesterday with the Environment Secretary. We are in touch over these issues and sit in the same committees where we talk about all the specific challenges as we scenario plan for impacts that may or may not result from the conflict in the middle east. That work will continue, and she can rest assured that farmers, alongside other key sectors in our economy, are at the forefront of our mind.