LDV’s top 12 posts of 2017 – Number 7

Your last one for today takes us back to 22 June when Vince Cable announced that he would be standing for leader.

#7: Breaking News: Vince Cable announces his candidacy for leader

A week after Tim Farron’s shock resignation, Vince Cable announced that he would stand to replace him. By the time he announced, all of his fellow MPs had ruled themselves out.

He outlined where he wanted the party to go:

There are big opportunities ahead. The Conservatives are in disarray and in retreat. The Labour Party outperformed expectations but complacently believes that ‘one more heave’ will see it into office. But an economic policy based on offering lots of free things lacks economic credibility and will be found out. Investing in infrastructure, rather than borrowing for everyday running costs is credible. There is a big space in British politics which I am determined that we should occupy.

The contest will take place with the largest membership electorate in our party’s history. We should be ambitious about increasing our number still further and in particular attracting young people to our cause. I welcome the more diverse party and parliamentary party we now have and will give priority to promoting diversity, an issue I championed as a minister and with some success in business leadership.

The party has survived five difficult years of Coalition government and the disadvantage of the current unreformed voting system. We are now growing again and the political winds are moving in our favour. I believe I can, as leader, offer the energy, dedication and drive, as well as experience, to help – with you – to make our party a credible contender for power.

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