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Liberal Democrat leadership race nominations close Lib Dems: Davey and Swinson vie to replace Sir Vince Cable
(about 5 hours later)
Nominations in the race to become the next Lib Dem leader close on Friday at 16:00 BST. Nominations in the race to become the next Lib Dem leader have closed, with two candidates competing to replace Sir Vince Cable.
So far two candidates have announced their intention to run - deputy leader Jo Swinson and former Energy and Climate Change Secretary Ed Davey. Deputy leader Jo Swinson and former Energy and Climate Change Secretary Ed Davey will face a series of hustings, as party members choose a winner.
Announcing his resignation in March, leader Sir Vince Cable said he wanted to pave the way for "a new generation". Party President Baroness Brinton said she was "delighted at the calibre" of both runners.
The winner will be decided by a postal ballot of party members and the results are due to be announced on 23 July. The result of the postal ballot will be announced on 23 July.
Candidates need support from 10% of the party's 11 MPs and 200 members from at least 20 local parties in order to run. Candidates needed support from 10% of the party's 11 MPs and 200 members from at least 20 local parties in order to run.
Sir Vince became party leader without a contest after Tim Farron's resignation in 2017. The winner of the contest will replace Sir Vince, who became party leader without a contest after Tim Farron's resignation in 2017.
Under him, the Lib Dems have called for another EU referendum as a means of stopping Brexit - and joined forces with pro-referendum campaigners in other parties in the People's Vote campaign. Under him, the Lib Dems have been at the forefront of the campaign for another EU referendum as a means of stopping Brexit.
Until recently, the Lib Dems struggled to get out of single figures in opinion polls. But the party achieved good results in English local elections in May and came second in the UK's European elections three weeks later, winning 20.3% of the UK vote. Until recently, the party struggled to get out of single figures in opinion polls. But it gained more than 700 councillors in last month's English local elections and came second in the UK's European elections three weeks later, winning 20.3% of the UK vote.
Announcing her candidacy, Ms Swinson said the country was "crying out" for a movement "to challenge the forces of nationalism and populism".Announcing her candidacy, Ms Swinson said the country was "crying out" for a movement "to challenge the forces of nationalism and populism".
"The Liberal Democrats need to be at the heart of that movement and I'm the person to lead it," she added."The Liberal Democrats need to be at the heart of that movement and I'm the person to lead it," she added.
Setting out his plans, Sir Ed said the country needed "a new economic model".Setting out his plans, Sir Ed said the country needed "a new economic model".
He added: "I'm talking about de-carbonising capitalism, making capitalism turn green so Britain is a world green finance capital."He added: "I'm talking about de-carbonising capitalism, making capitalism turn green so Britain is a world green finance capital."
Baroness Brinton said: "I am delighted at the calibre of our two candidates. Whichever of them wins will be able to build on the remarkable achievements Vince Cable has lead the Liberal Democrats to."