1976 Liberal Party (UK) leadership election the only time it was ever used to elect a Liberal leader. The election was won by David Steel, who served as leader of the Liberal Party until merger with the Social Democratic Party (SDP) in 1988, forming the Liberal Democrats. David Steel later served as interim leader of the Liberal Democrats (jointly with Bob Maclennan of the SDP) for the duration of the 1988 leadership election which eventually elected Paddy Ashdown as the new party's first permanent leader. 1976 Liberal Party (UK) leadership election The 1976 Liberal Party (UK) leadership election was called following the resignation of Jeremy Thorpe
Liberal Party (UK) and the Conservative leader Bonar Law wrote a joint letter of support to candidates to indicate they were considered the official Coalition candidates—this "coupon", as it became known, was issued against many sitting Liberal MPs, often to devastating effect, though not against Asquith himself. The coalition won a massive victory as the Asquithian Liberals and Labour were decimated. Those remaining Liberal MPs who were opposed to the Coalition Government went into opposition under the parliamentary leadership of Sir Donald MacLean who also became Leader of the Opposition. Asquith, who had appointed MacLean, remained as overall Leader of the Liberal Party