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		</div><p>The Liberal Democrats will replace Vince Cable with a new leader on July 23.</p>
<p>Mr Cable said it was time for a “new generation” at the top of the party but pointed to expected gains at the European elections as a sign that “we are in an excellent position” to lead a centre-ground movement in British politics.</p>
<p>Deputy leader Jo Swinson is firm favourite to succeed Mr Cable, who announced the start of the contest in an email to party members.</p>
<p>He said membership was at a record level and the party had enjoyed the best local election results in its history.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">After our party’s best ever council election results and a surge of support for the European elections, my thanks to everyone who has helped rebuild the <a href="https://twitter.com/LibDems?ref_src=twsrc%5Etfw">@LibDems</a>. I’ll be proud to hand over a bigger, stronger party to a new leader on July 23rd. <a href="https://t.co/gTYVfG99sD">https://t.co/gTYVfG99sD</a> <a href="https://twitter.com/hashtag/StopBrexit?src=hash&;ref_src=twsrc%5Etfw">#StopBrexit</a></p>
<p>&mdash; Vince Cable (@vincecable) <a href="https://twitter.com/vincecable/status/1131938395482202113?ref_src=twsrc%5Etfw">May 24, 2019</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><em>“There are major challenges ahead. One is to win, finally, the battle to stop Brexit.</em></p>
<p><em>“Our campaigning has given hope; now we need to secure a referendum in Parliament, and then win it.</em></p>
<p><em>“Another is the opportunity created by the conflict and decay within the two main parties to build a powerful, liberal, green, and social democratic force in the centre ground of British politics.</em></p>
<p><em>“We are now in an excellent position to lead such a movement.”</em></p>
<p>The party only has 11 MPs and the leadership rules require any candidate to have the support of 10% of their colleagues in the Commons and 200 members spread across at least 20 local parties.</p>
<p>Nominations close on June 7.</p>
<p>The contest will be taking place as the Tories also choose a new leader following Theresa May’s decision to resign.</p>
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