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George Smid says you can trust Liberal Democrats to reduce Fuel Duty

April 26, 2015 12:36 PM

PPC South Holand & Deeping Portrait white backgroundGeorge is committed to reducing fuel duty while at the same time protecting the environment, creating a low-carbon economy and tackling climate change.

Liberal Democrats have a very strong record in Government on helping people with the cost of fuel. We abolished the fuel duty escalator and have frozen fuel duty since March 2011, meaning pump prices are now 16p a litre lower than they would have been under the plans we inherited from Labour. This means that the average fill-up is costing about £10 less.

At the 2015 Budget, we once again cancelled Labour's most recent planned rise in fuel duty, set to come in on 1st September. Fuel Duty will now be frozen until 31st August 2016, the fifth consecutive year it has been frozen. This is the longest duty freeze in over 20 years.

The Office of Fair Trading has said that the UK has a very competitive road fuel market. But there is understandable concern amongst motorists that pump prices should better reflect the price of oil. That's why Liberal Democrat Chief Secretary to the Treasury Danny Alexander wrote to fuel suppliers to make clear that the public expects prices at the pumps to fall when the price of oil drops. I'm pleased that following Danny's intervention, fuel prices fell.

The Liberal Democrat manifesto contains a number of positive policies for motorists. We have committed to building on our very good record in Government by continuing the fuel discount scheme for remote areas. We will work with the European Commission to extend this further to other remote areas in the UK with high fuel costs. The National Infrastructure Plan we have introduced in Government also sets out a massive £15bn investment in roads across the UK.

We want to shift more freight from road to rail and deliver improved transport infrastructure that will make our roads less congested and more reliable.

I'm proud of what Liberal Democrats have done in Government to help people deal with the cost of fuel and, indeed, every other measures we've taken to help with the cost of living such as cutting income tax, raising the minimum wage and increasing the state pension.