SIR Ed Davey has been elected the new LibDem leader after beating Layla Moran in a landslide victory.

Davey, who served in the Cabinet during the Tory/LibDem coalition, won 63.5% of the vote while Moran secured 36.5%.

Turnout for the leadership contest was just 57.6%.

The leadership contest was sparked when former chief Jo Swinson, who said she intended to be the next prime minister, lost her seat to the SNP at the 2019 General Election. Swinson lasted less than five months as the party’s leader.

Davey has been acting leader since Swinson’s departure.

The LibDems currently have just 11 seats in the House of Commons following a party campaign likened to a “high-speed car crash” after an internal inquiry.

Davey has been an MP since 1997 and served as business minister in the coalition, before becoming secretary of state for energy and climate change in 2012.