Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of tax, regulatory and carbon‑related costs on the long‑term capital investment in energy‑intensive manufacturing.

Carbon-related costs deliver long-term investment signals to deliver energy security for UK businesses and reduce dependence on volatile fossil fuels. However, we understand that some energy-intensive industries (EII) are facing high industrial electricity costs affecting their competitiveness, which is why we deliver the British Industry Supercharger and EII Compensation Scheme to provide carbon-leakage prone businesses relief from carbon costs and electricity network charges. The Government keeps all policy measures, including tax, carbon costs and regulation, under review.