Nick Clegg has urged his party to "hold its head" high and to take the fight to the Conservatives and Labour
In his end-of-conference speech, the Lib Dem leader said the party should be judged on its record in office
The Lib Dem leader announced new waiting time guarantees for mental health patients in England
Ahead of Mr Clegg's speech, activists debated the state of the banking industry and the rights of private tenants
Ross Hawkins
Political correspondent, BBC News
@rosschawkinstweets:, external Unusual for pol to dismiss scorn of "professional politicians" by voters, standard response is to fret sincerely
The Lib Dems have a "credible" plan for government and the party has learnt from its "mistakes", Nick Clegg tells the conference. He says the party should be judged on the policies it has delivered in office, not on "the one policy we couldn't deliver in government" - a reference to the tuition fee pledge. It cannot be said that Labour and the Tories have learnt their lesson, he goes on to claim.
Turning to the Lib Dems' green commitments, Nick Clegg stresses that a sustainable environment will remain at the heart of the party's vision for Britain's future. "It's not green crap to us," he says, in a swipe at a comment which has been attributed to David Cameron. The hall applauds.
Norman Smith, BBC News Assistant Political Editor
@BBCNormanStweets:, external Nick Clegg mocks UKIP leader with a French pronunciation of Nigel Faraaage #alloallo #franglais #ldconf
Nick Clegg says the party must be judged on its record of delivery, citing increases in the personal income tax threshold and free childcare as key achievements. Looking to the future, the Lib Dem leader says the party will "borrow less than Labour but cut less than the Tories", if it remains in government. "We'll finish the job, but we'll finish it in a way that is fair," he insists.
Voter disenchantment with the political class is at an all-time high, Nick Clegg says. Politicians of all parties have overstated what governments can do, he adds - and accepts his own part in not fulfilling the party's tuition fees pledge.
Nick Clegg says he took on UKIP leader Nigel Farage - which he pronounces in a rather French way - in the TV debates ahead of the European elections to stand up for the liberal British values of tolerance, compassion and unity. Neither Labour nor the Conservatives will defend these values, he claims, and warns that Britain would be "meaner, poorer and weaker" without the Lib Dems. The audience loves this - giving their leader a vigorous round of applause.
Nick Clegg warns of a growing movement that is trying to "pull us apart". He accuses the "bitter tribalism of left and right" of trying to play to people's anxieties and grievances about the modern world, and blaming problems on Europe, immigrants and "anybody claiming benefits". It may be "seductive and beguiling" but the "politics of fear" only provides "the false comfort of grievance", the deputy PM warns. "Dressed up as hope it is in fact a counsel of despair", he argues.
Kiran Stacey, Political correspondent for the FT
@kiranstacey tweets:, external Panto time at #ldconf as Clegg gets the audience to shout back the party slogan at him. Now telling Al Murray jokes.
Speaking about the Scottish referendum, Nick Clegg hails what it is to British and says the vote "forced us to hold up a mirror and think about who we are" - four nations but also 64 million people with "distinct yet overlapping" identities.
Nick Clegg extends his thanks to everyone who has made the Lib Dem conference possible. He also thanks George Osborne and Ed Miliband, suggesting their conference performances showed that only the Lib Dems can deliver a "stronger economy and fairer society".
Politics Home
@politicshome tweets:, external Clegg begins his conf speech by offering his condolences to the family and friends of Alan Henning and David Haines #ldconf
The Lib Dem leader and deputy PM is resolute that Britain "will not be intimidated" or "divided", and vows that IS will be defeated. Mr Clegg follows with a tribute to the UK's armed forces - in Iraq and other missions overseas.
Nick Clegg takes the stage and begins with a message of condolence to the family and friends of Britons Alan Henning and David Haines, who were held hostage and murdered by Islamic State militants. "These were good men," he says and adds that we "have to take on the cowards who took their lives".
Tim Farron bids farewell to the Lib Dem conference - his last as party president - and introduces their leader Nick Clegg, to applause. But there is a further interlude as a brief video is being shown.
Nick Robinson
Political editor
Reflecting on Mr Clegg's future, Nick Robinson says he is likely to stay in his job even if the party loses half of its seats in the 2015 election. Even in that situation, the Lib Dems would still be "in the game" in terms of potentially holding the balance of power. But in the event of a big Conservative and Labour victory next year, the Lib Dems would have to "completely reinvent itself", he adds.
Nick Robinson
Political editor
On the Daily Politics, Nick Robinson has been mulling the question of why there are so few police at the Glasgow venue. He says there is a "stand-off" between the UK and Scottish governments about who should pay for policing, with neither terribly keen on doing so. Remember, the conference was due to be held in Liverpool but was switched to Glasgow after the date was changed to accommodate the Scottish referendum.
Nick Robinson
Political editor
The BBC's political editor Nick Robinson says it has been a tale of "two conferences" this week. In the main hall, the rhetoric has been anti-Conservative and "more leftish" but behind the scenes, senior party figures have been discussing how the party might join another coalition with their current partners and what the requirements would be.