Liam Fox: 'I do not regret standing for leadership'

I am very grateful to those colleagues who supported me in the ballot today.

Naturally, I am disappointed not to progress further but I do not regret standing in this contest. I felt it was vital to stress the importance of national security in this debate and the need for a clear path to our exit from the European Union. I hope I have achieved both these objectives.

I have also sought to stress the need for experience as the successful candidate will have to take up the reins of government in less than 9 weeks.