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Lib Dem humiliation compounded by £170k lost in deposits

by Lamiat Sabin

THE Lib Dems’ finances have taken a heavy hit from the loss of deposits after their humiliating general election defeat left them with just eight parliamentary seats and triggered the resignation of leader Nick Clegg.

The crushing Tory victory forced the deputy prime minister to quit the party leadership, although he retained his Sheffield Hallam seat.

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