It’s fair to say that the Liberal Democrats’ leadership election has failed to capture the imagination of the public. In truth it has scarcely made a mark in Westminster. The two candidates, Sir Ed Davey and Layla Moran, are fighting to lead a party on its knees, now with just eleven MPs, down from 57 when it entered government ten years ago. The result is due to be announced on August 27; the victor will have the unenviable task of stopping their party from going extinct at the next election.
Years of budget deficits have bloated the government’s debt pile
All developed economies face the same problem: how to manage the ever-rising tide of welfare and medical spending.