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Davey was one of two candidates running for leader in the Liberal Democrats leadership election, competing with [[Layla Moran]]. One recurring theme of the leadership campaign was Davey's record in the [[Cameron-Clegg coalition]] government, and the policies that government had enacted. Moran is considered to be more left-wing than Davey and representing a break from the coalition years.<ref>{{cite web|last=Read|first=Jonathon|title=POLL: Who gets your backing in the Lib Dem leadership election?|url=https://www.theneweuropean.co.uk/top-stories/ed-davey-or-layla-moran-which-lib-dem-gets-your-vote-1-6764865|access-date=15 August 2020|website=The New European|date=27 July 2020|archive-date=9 August 2020|archive-url=https://web.archive.org/web/20200809084821/https://www.theneweuropean.co.uk/top-stories/ed-davey-or-layla-moran-which-lib-dem-gets-your-vote-1-6764865|url-status=live}}</ref><ref name="turning left">{{cite web|title=Layla Moran on turning left and whether the Lib Dems should go into coalition again|url=https://www.newstatesman.com/politics/staggers/2020/07/layla-moran-turning-left-and-whether-lib-dems-should-go-coalition-again|access-date=26 July 2020|website=[[New Statesman]]|archive-date=26 July 2020|archive-url=https://web.archive.org/web/20200726084925/https://www.newstatesman.com/politics/staggers/2020/07/layla-moran-turning-left-and-whether-lib-dems-should-go-coalition-again|url-status=live}}</ref> Alongside former leader [[Nick Clegg]] and many of the Liberal Democrats who served in the governing [[Cameron–Clegg coalition|Conservative-Lib Dem coalition]] of 2010–2015, Davey is associated with the party's right-wing [[The Orange Book|Orange Booker]] branch. The record of the coalition, which caused a decline in popularity of the Liberal Democrats after 2015, has been defended by Davey.<ref>{{cite web|title=Was Ed Davey 'a bit right-wing' for a Tory coalition partner?|url=https://www.spectator.co.uk/article/was-ed-davey-a-bit-right-wing-for-a-tory-coalition-partner-|date=4 July 2020|author=Steerpike|website=The Spectator|access-date=15 August 2020|archive-date=5 August 2020|archive-url=https://web.archive.org/web/20200805163205/https://www.spectator.co.uk/article/was-ed-davey-a-bit-right-wing-for-a-tory-coalition-partner-|url-status=live}}</ref>
On 27 August, Davey won the leadership election with 42,756 votes, which translated to 63.5% of total votes. In his victory speech, Davey said that the Liberal Democrats must "wake up and smell the coffee" and "start listening" to ordinary people and those who "don't believe we share their values". He also stressed his experience in the [[
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