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Reeves expands UK industrial competitiveness scheme to cut electricity bills for 10,000 firms.
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.
The plan exempts firms from certain green energy charges, saving up to £600 million annually.
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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Reeves expande el esquema de competitividad industrial del Reino Unido para reducir las facturas de electricidad de 10.000 empresas.