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Ed Davey Urges Immediate 10p Fuel Duty Cut Until Christmas
The plan would cost about £2 billion and could cut pump prices by 12p a litre, the Liberal Democrats said.
Liberal Democrat leader Sir Ed Davey urged the government to immediately cut fuel duty by 10p a litre until Christmas, arguing the temporary measure would ease cost-of-living pressures for struggling households.
Davey claims the three-month package is self-funding via higher oil and gas revenues, while blaming high petrol costs on what he called "Donald Trump's idiotic war with Iran."
In addition to fuel duty, the party proposes to slash bus fares to £1, cut rail fares by 10%, reduce VAT on electric vehicle charging, and scrap a planned 3p fuel duty hike in January.
Labour Party chair Bridget Phillipson noted that Chancellor John Healey will consider suggestions ahead of the upcoming Budget, while citing existing government actions on fuel duty.
At the party's four-day conference in Brighton, Davey pledged to combat "nasty populism," taking aim at Nigel Farage and Elon Musk as the Lib Dems seek to solidify their platform.