Nick Clegg is expected to resign as leader of the Lib Dems after indicating he will review his position in the wake of huge losses for his party at the 2015 general election.
The deputy prime minister managed to hold on to his seat in Sheffield Hallam, but many of his Lib Dems colleagues were not as fortunate. High profile figures such as Vince Cable, Simon Hughes, Ed Davey, David Laws and Danny Alexander all saw themselves ousted in a devastating night for the party.
After being declared the winner in Sheffield Hallam, Clegg admitted, It is now painfully clear that this has been a cruel and punishing night for the Liberal Democrats.
I will be seeking to make further remarks about the implications of this election both for the country and for the party I lead and for my position in the Liberal Democrats, when I make comments to my colleagues in the Liberal Democrats later this morning when I return to Westminster, he added.
