Liberal Democrats propose £2bn fuel duty cut at party conference

The short version

• Liberal Democrat leader Ed Davey proposed an immediate 10p-per-litre cut to fuel duty lasting three months, estimated to cost £2bn.[The Guardian · BBC News]
• The party claims the temporary measure would lower pump prices by 12p per litre and be self-funded through existing taxes and energy levies.[BBC News]
• Labour Party chair Bridget Phillipson noted that the government has already taken action on fuel duty, but stated Chancellor John Healey remains open to suggestions ahead of the upcoming budget.[BBC News]

Key facts

• Liberal Democrat leader Ed Davey proposed an immediate 10p-per-litre reduction in fuel duty until Christmas.[BBC News]
• The Lib Dems estimated the temporary fuel duty measure would cost £2bn.[The Guardian · BBC News]
• The party also proposed lowering the bus fare cap from £3 to £1 and reducing rail fares by 10%.[The Guardian · BBC News]
• Labour Party chair Bridget Phillipson stated Chancellor John Healey will be open to budget suggestions.[BBC News]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• Ed Davey calls for immediate 10p cut to fuel dutyBBC News - Top Stories
• Lib Dems use conference to set out £2bn plan to cut fuel dutyThe Guardian - World