John Caudwell, founder of Phones 4U, switches support from Conservatives to Labour
- Previous Conservative Support: Donated £500,000 to the Conservative Party before the last general election.
- Current Voting Decision: Plans to vote Labour for the first time next month.
- Reason for Switch: Criticizes Prime Minister Rishi Sunak, calling him an “absolute dud.” Praises Labour leader Sir Keir Starmer for aligning with his views on GDP growth and the environment.
- Views on Labour: Initially critical of Labour’s policies, including VAT on private school fees. Appreciates the party’s focus on economic growth and environmental sustainability. Respects Starmer’s efforts to move away from “extreme socialist policies.”
- Reform UK: Finds some of their policies sensible but rejects the party due to its stance on climate change.
- Donations to Labour: Has not donated to Labour yet but might consider it in the future if he sees substantial progress.
- Criticism of COVID-19 Response: Believes Sunak mishandled the furlough scheme during the pandemic.
- Historical Perspective: Previously could not support Labour due to its association with Jeremy Corbyn, but now finds the party under Starmer’s leadership to be the best option for Britain.
- Personal Wealth: Estimated to be worth £1.537 billion according to the Sunday Times Rich List.
Reaction
- Keir Starmer’s Response: Expresses delight over Caudwell’s support, highlighting his successful business background.
This shift by a significant Conservative donor to Labour reflects broader political changes and the appeal of Labour’s current economic and environmental policies.