Insight British Industrial Competitiveness Scheme (BICS): What manufacturers need to know 24 August 2026 4 minutes read The UK has some of the highest industrial electricity prices in the world, presenting major challenges for UK manufacturing businesses. These include reducing the potential for investment and harming competitiveness at an international level. Against this backdrop, in April 2024, the UK government released the British Industry Supercharger (BIS) to support energy-intensive industries (EIIs). This, however, was not deemed to go far enough, and in August 2026, the UK government announced the British Industrial Competitiveness Scheme (BICS). Read more
