Ed Davey calls for immediate 10p cut to fuel duty
Sir Ed blamed Donald Trump's war with Iran for damaging the UK economy and pushing fuel prices up.
Sir Ed Davey is calling on the government to immediately cut fuel duty by 10p a litre until Christmas as part of a package of policies aimed at cutting the cost of living.
The Liberal Democrat leader is also urging the government to scrap a permanent increase in fuel duty which is set to take effect in January.
Fuel duty was frozen under the Conservatives in March 2022 and Sir Keir Starmer's government continued the freeze, deciding in May to push back a planned 3p increase in September until the end of this year.
The policy would cost about £2bn, he said, adding: "It'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's self-funding."