The government has today announced important changes to its forthcoming energy cost support scheme, the British Industrial Competitiveness Scheme (BICS). It will now be extended to around 10,000 energy-intensive businesses, backdated to April 2026, and partially funded by the Exchequer.
To a stronger, fairer economy, one where more things are made in Britain by workers who are properly trained, fairly paid and respected for what they do. Much remains to still be done – but here are four key elements of the strategy that have a real potential to bring good jobs back to towns and cities across the UK.
A major threat to the UK’s steel industry is brewing at Scunthorpe’s steelworks. We must act now to prevent thousands more job losses in steel and future-proof our vital manufacturing industry.