Lib Dems say "No New Trident": Guardian

8.49.49am BST (GMT +0100) Wed 17th Jun 2009

The Liberal Democrats have become the first mainstream party to declare they will not renew Britain's Trident nuclear deterrent system with an equivalent modernised system, as parliament agreed in 2007.

Nick Clegg, the Lib Dem leader, told the Guardian he was making the move because of the rapidly deteriorating public finances and because the case for such a powerful nuclear deterrent in the post-cold war world was "a complete fiction".

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Read "Nick Clegg says Lib Dems won't replace Trident because world has moved on" from the Guardian in full