Asked by: Antonia Bance (Labour - Tipton and Wednesbury)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how the British Industrial Competitiveness Scheme will be funded; when his Department plans to consult on how the scheme will be funded; and whether the costs of the scheme will be passed onto other consumer bills.
Answered by Chris McDonald - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
A consultation will be launched in the Spring on the amendments to legislation that will be required to deliver the British Industrial Competitiveness Scheme. This will include details on how the scheme will be funded.