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GB News
GB News
18 Jun 2024


NextImg:Billionaire donor abandons Sunak as he announces switch to Labour - Tories in 'despair'

A former major Conservative donor has announced he will be voting Labour for the first time, describing Rishi Sunak as an "absolute dud."

Founder of Phones 4U John Caudwell said the Labour leader Sir Keir Starmer "just really hits the spot with a lot of issues with me."

The 71-year-old, who donated £500k to the Conservatives ahead of the 2019 election, stopped short of saying he would donate money to Labour at this election.

Caudwell also ruled out backing Reform UK over its stance on climate change among other things.

\u200bJohn Caudwell

John Caudwell

Getty

Caudwell said: "The Labour Party in my estimation, as much as I disagree with some of the policies, are absolutely the very best for Britain going forward. What I see is a Labour Party committed to GDP growth and the environment.

"Without GDP growth you can’t look after your social services. And without focusing on the environment there won’t be a world to look after."

The Phones4U mogul said he had donated in 2019 "because I couldn’t possibly stand a Corbyn government."

He also praised Starmer's attempts to get rid of what he called "the loony Left" which he claimed had focused on "extreme socialist policies."