Sir Ed Davey is the new leader of the Liberal Democrats. What does that mean for UK politics?

The Liberal Democrats have elected the more moderate of the two candidates for leader. As Jennie Rigg said this morning, there was a choice between radical liberalism and pragmatic centralism. By a margin of nearly two to one, they opted for the latter.

Since taking part in the coalition government, the Lib Dems have struggled to be seen as a radical party. There has always been a tension within the party between their radical and more ‘small c’ conservative wings. This is usually resolved by their hyper-localism, which has long allowed them to be the party of both Moran and Davey.