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Story summary
- Sir Ed Davey announced a £17 billion tax-cut package at the Liberal Democrat conference in Brighton on 22 September 2026.
- The party says cuts would be funded by a £27 billion boost from rejoining EU single market and customs union.
- The plan raises the personal allowance to £15,000 and lifts the 40 % tax threshold to £56,000.
- The changes would return about £680 to most taxpayers and move 760,000 people out of the 40 % band.
