Ed Davey promises £17bn income tax cut if Lib Dems are elected

According to a report by The Guardian… Party leader tells conference growth created by rejoining EU single market and customs union would fund changeUK politics live – latest updatesEd Davey has unveiled a plan for a £17bn income tax cut in a speech aimed at shoring up the party’s support among former Conservative voters, but which risked disappointing some Liberal Democrat MPs who want a bolder vision for the party.Addressing the party’s annual conference in Brighton, the Lib Dem leader said the proposal, which would eventually increase the threshold for paying income tax to £15,000 and raise the level at which people pay the 40p higher rate by about £6,000, would be paid for entirely by increased growth. Continue reading… complete report is on link below: Source: https://www.theguardian.com/politics/2026/sep/22/ed-davey-promises-17bn-income-tax-cut-if-lib-dems-are-elected