Question to the Department for Business, Innovation, Science and Trade:
To ask the Secretary of State for Business, Innovation, Science and Trade, what assessment he has made of the difference in industrial energy costs between UK automotive manufacturers and their principal international competitors.
The Government recognises the impact that high energy costs are having on the automotive sector. Through the launch of the British Industrial Competitiveness Scheme (BICS) the Government is committed to helping eligible businesses, including many from the automotive sector, to reduce their electricity costs to bring them more into line with other European economies.
Applications for BICS are now open until the 30th November 2026. If approved, a business will begin to receive exemptions from April 2027. They will also receive an additional payment in 2027 to cover costs approximately equivalent to an extra year’s benefit.