Billionaire Labour donor has said that Rachel Reeves has been “ dreadful “ on the economy. I think can all agree with that. The first sensible thing I have heard a Labour supporter say for years.

Billionaire Labour backer John Caudwell, the founder of Phones 4u, has said Reeves has been “destructive to Britain’s future.” Caul dwell who was a lifelong Tory supporter switched to Labour before the 2024 election. Why??? That was obviously a major mistake. It was obvious to 70 % of the population that a Labour government would be as big a disaster as the Tories but in a different way.

He said Reeves was driving wealth out of the country.. He added that Labour need to give young people a greater incentive to work. He also criticised Rayner’s workers rights plans, also raising VAT on private schools.

Seems like a major example of buyers regret in supporting the abysmal, incompetent Labour Party. An own goal which Mr Cauldwell could easily have avoided by supporting Reform UK.