The 1950 United Kingdom general election was the first ever general election to be held after a full term of a Labour government. Despite polling over one and a half million votes more than the Conservatives, the election, held on 23 February 1950, resulted in Labour receiving a slim majority of just five seats, a stark contrast to the previous election in 1945, where they had achieved a massive 146-seat majority, although Labour received more votes than they had during the 1945 election. The party would call another general election in 1951.
Both the Conservative and Labour parties entered the campaign positively. The Conservatives, now having recovered from their heavy election defeat in 1945, accepted most of the nationalisation that had taken place under the Attlee government, (which included the NHS and the mixed economy). The campaign essentially focused therefore on the potential future nationalisation of other sectors and industries, which was supported by the Labour party, and opposed by the Tories. The Liberals essentially viewed the struggle between the two parties on this issue as a class struggle. The Liberal Party fielded 475 candidates, more than at any election since 1929. Liberal leader Clement Davies had felt that the party had been at a disadvantage at the 1945 election when they ran fewer candidates than needed to form a government. Davies arranged for the cost of running extra candidates to be off-set by the party taking out insurance with Lloyd's of London, against more than 50 candidates losing their deposits. A total of 319 Liberal candidates lost their deposits, a record number.