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flag Reeves expands UK industrial competitiveness scheme to cut electricity bills for 10,000 firms.

flag Chancellor Rachel Reeves has expanded the British Industrial Competitiveness Scheme to cut electricity bills for 10,000 UK manufacturing firms, up from 7,000, starting in 2027. flag The plan exempts firms from certain green energy charges, saving up to £600 million annually. flag Reeves criticized recent U.S. military actions in Iran as a mistake and emphasized targeted aid for low-income households over broad subsidies.

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