Liberal Democrat leader Sir Ed Davey has today set out a bold plan to help families weather the cost of living crisis with a one-year 2.5 per cent cut in VAT, paid for in part by an extended windfall tax on energy companies.
Speaking to The Independent on the eve of his party’s annual spring conference, Sir Ed said Boris Johnson and Rishi Sunak have failed to take the “radical” steps needed to shelter voters from what is shaping up to be the harshest economic storm for 50 years.
