John Caudwell, founder of Phones4U and former major Conservative donor, declared his support for Labour for the upcoming general election. Citing economic mismanagement and ethical concerns within the Conservative Party, Caudwell praised Labour's growth-focused manifesto and urged public support. Keir Starmer welcomed Caudwell's endorsement, portraying Labour as the party of economic stability and future growth.
John Caudwell, the founder of Phones4U and a major Conservative donor who contributed one hundred thousand pounds to
Boris Johnson's campaign in 2019, announced he will vote for Labour in the upcoming general election.
The declaration follows a meeting between Caudwell and Labour leader Keir Starmer.
Caudwell identified key issues, including economic mismanagement during
Covid and ethical concerns within the Conservative Party, as reasons for his shift in support.
He praised Labour's economic growth manifesto and its emphasis on clean energy.
Starmer expressed delight at Caudwell's endorsement, highlighting Labour's appeal to business leaders and the promise of economic stability.
This significant shift comes after Caudwell criticized recent Conservative policies, including Rishi Sunak's U-turn on green policies.