{"id":8528,"date":"2026-09-20T21:00:55","date_gmt":"2026-09-20T21:00:55","guid":{"rendered":"https:\/\/gettingoutofdebt.co.uk\/?p=8528"},"modified":"2026-09-20T21:01:05","modified_gmt":"2026-09-20T21:01:05","slug":"ed-davey-calls-for-immediate-10p-cut-to-fuel-duty","status":"publish","type":"post","link":"https:\/\/gettingoutofdebt.co.uk\/?p=8528","title":{"rendered":"Ed Davey calls for immediate 10p cut to fuel duty"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><b class=\"ssrcss-1xjjfut-BoldText e5tfeyi3\">Sir Ed Davey is asking at the govt to in an instant cut fuel duty through 10p a litre till Christmas as a part of a package deal of insurance policies geared toward reducing the price of dwelling.<\/b><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Liberal Democrat chief may be urging the federal government to scrap an enduring build up in fuel duty which is about to take impact in January.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Fuel duty was once frozen below the Conservatives in March 2022 and Sir Keir Starmer&#8217;s govt persevered the freeze, deciding in May to ward off a deliberate 3p build up in September till the top of this yr.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Lib Dems declare reducing 10p from fuel duty now would imply fuel would drop through 12p according to litre on the pump.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Sir Ed claimed drivers will have to be supported and a short lived three-month fuel duty cut would pay for itself through stimulating the financial system.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Petrol and diesel prices are higher than they&#8217;ve been for a long time because of Trump&#8217;s mad war with Iran, and people need help now,&#8221; he stated. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The coverage would price about \u00a32bn, he stated, including: &#8220;It&#8217;s a three-month package, a temporary package, but if you look at the extra money the government will get through the energy profits levy, from gas taxes, from VAT and fuel duty, it&#8217;s self-funding.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In a speech to his birthday celebration&#8217;s convention on Tuesday, Sir Ed will make additional calls to cut the bus fare cap from \u00a33 to \u00a31, and cut back rail fares through 10%.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">He can even name for VAT to be dropped from public charging issues for electrical cars and a overview of community prices the Lib Dems have labelled unfair. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Chancellor John Healey is below force to lift taxes or cut spending at his Budget subsequent month, amid hovering govt borrowing prices.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Asked about Sir Ed&#8217;s name for a fuel duty cut, Labour Party chair Bridget Phillipson informed Laura Kuenssberg: &#8220;I&#8217;m sure John Healey will be open to any and all suggestions ahead of the budget but actually this is an area where the Labour government has taken action on fuel duty already.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Whilst I recognise what the Lib Dems have to say in this subject, that is the component of politics about it &#8211; they have got were given their convention, they are making their pitch, just right success to them.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Sir Ed also ruled out scrapping the state pension triple lock after party grandee and former business secretary Sir Vince Cable said at a fringe event it was unsustainable and should be &#8220;phased out&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Speaking at Q&amp;A on the conference stage, Sir Ed said the policy had been introduced by the Lib Dems during the Conservative coalition to address inequalities and there was still work to do to tackle pensioner poverty.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;It has now not completed the process,&#8221; he told party members, who were split in a show of hands about whether the triple lock should be scrapped if the Lib Dems win power.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The triple lock promises that the state pension is going up each and every yr in step with both inflation, salary will increase or 2.5% &#8211; whichever is the best &#8211; however critics say it&#8217;s unaffordable and unfair to more youthful other people.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cr89j514dly2o?at_medium=RSS&#038;at_campaign=rss\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sir Ed Davey is asking at the govt to in an instant cut fuel duty through 10p a litre till Christmas as a part of a package deal of insurance policies geared toward reducing the price of dwelling. The Liberal Democrat chief may be urging the federal government to scrap an enduring build up in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8530,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-8528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ed Davey calls for immediate 10p cut to fuel duty - Getting Out Of Debt UK<\/title>\n<meta name=\"description\" content=\"Sir Ed Davey is asking at the govt to in an instant cut fuel duty through 10p a litre till Christmas as a part of a package deal of insurance policies geared toward reducing the price of dwelling. 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