BUDGET: Lib Dems unveil £14 billion breathing space package to cut energy, transport and hospitality costs
At a press conference in central London on Mon 19th Daisy Cooper MP, the Deputy Leader of the Lib Dems, (and former Lewes District Councillor) outlined the Lib Dems plans to cut energy, transport and hospitality costs to give breathing space to struggling families - saving households an average of £350.
She said "Everywhere you look these days, prices are going up. People are anxious when they turn on the heating. They wince at the cost of their commute. They forgo even a simple meal out with the family, nervous about the hit to their wallet. It shouldn't be this way - and it doesn't have to be. With prices set to rise again in the new year, the Chancellor must offer immediate support in next week's Budget. We're calling for an emergency £14 billion package to cut energy and transport costs and support our high street businesses over the next year and a half.
The plan includes
- Domestic Homes Essential Energy Guarantee
- Cut rail fares by 10%,
- Cut bus fares to £1,
- Cut VAT on public EV charging 5%,
- Cut fuel duty by 10p.
- Hospitality VAT cut
- Our plan: Cut VAT on hospitality, the hospitality sector to 15%, to support our high streets.