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Energy tax funded cut
- Liberal Democrat leader Sir Ed Davey announced at Brighton conference on 20 September a 10 p per litre fuel-duty cut until Christmas.
- The party argues cut can be funded by Treasury revenue from oil, gas and energy taxes, yielding a 12 p per litre pump-price drop.
- Fuel duty has been frozen since March 2022, and a 3 p rise is delayed to 2026.
- Chancellor John Healey faces pressure over borrowing costs before next month’s budget.
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