Sir Vince Cable looks set to become the Lib Dems’ new leader

Vince Cable Speech

With only one candidate with their hat in the ring, Cable will probably be the party’s next leader.

Well that was…anti-climactic.

After Tim Farron declared his intentions to resign as Liberal Democrat leader, it looked likely that the party would enter a period of debate, where it would host a battle of ideas and enter a time of reflection and critical thinking. For a moment, it looked possible that big beasts Jo Swinson, Sir Ed Davey, Norman Lamb and Sir Vince Cable would compete with each other in this battle of ideas, but one by the one party's big names ruled themselves out of the running. So far only Sir Vince Cable is running to be leader, according to the BBC.

Announcing his intention to stand, via Lib Dem Voice, the former coalition minister, said:

"With 20 years on the national political stage I am passionate as ever about our liberal values. I am ready to commit my energy, enthusiasm and experience to the task of leading the Liberal Democrats through what will be a period of chronic uncertainty. With the prospect of another election looming large, we must be ready for the fight."

Jo Swinson, the former equalities minister who won back her Scottish seat this June, emerged as the favourite to lead the party, according to the Independent, but she soon announced her intention not to stand, via the Lib Dem Voice website. She was, however, subsequently elected Deputy Leader of the party – unopposed.

Norman Lamb the former coalition minister, then ruled himself out of the race, adding to the list of Lib Dem members declaring their intentions not to stand. 

Then just when it looked like there would be a contest between the two sirs – Cable and Davey - Ed Davey announced his intentions not to run, also via Lib Dem voice, citing family reasons like Jo Swinson.

The Liberal Democrats won a total of 12 seats in June's election - up from the nine they held previously - although the party's vote-share dipped slightly.

So it looks like Sir Vince Cable will be the party’s new leader unless another contender comes forward by the 20th July when nominations close. And while he certainly looks up for a good political fight, at 74 he will be 79 if the next election takes place as scheduled in 2022.

However, with the government’s slim majority it’s more than possible that he senses that the next general election is just around the corner.