At 3:00pm today, Charles Kennedy announced that he was resigning from his position as Leader and would not be standing as a candidate in the forth-coming election. The full story can be read here.
I think this has to be the correct decision both for him and the party, though I'm sure, and hope, we haven't heard the last of him. I wish him all the best for the future, and that he finds a way to get his life in balance.
Good luck to Menzies Campbell as he leads the party over the next 3 to 4 months. He is certainly a safe pair of hands, and well respected generally. My one wish is that the contest is not fought in the same acrimonious way similar contests happen in the other main parties. Liberal Democrats are different, and even in internal crisis, they must show the world that difference.
Transcript of his resignation statement here.