[world politics news]
Sir Ed Davey has won the race to become the new leader of the Liberal Democrats.
The acting leader will now take over on a permanent basis after beating his competitor, fellow Member of Parliament Layla Moran.
Davey secured 63.5% of the vote, compared to 36.5% for Moran.
At an event in London, Davey said it was time for the party to "wake up and smell the coffee" after only securing 12% of the vote in the last general election.
[FULL STORY HERE]
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