Billionaire Labour backer says he's 'increasingly nervous' about Starmer

One of Labour’s richest backers has said he is “increasingly nervous” about Sir Keir Starmer’s party - and warned a wealth tax would be “very destructive” to growth.John Caudwell, founder of Phones4U, was one of the biggest donors to the Tories ahead of the 2019 general election, when he gave half a million pounds to Boris Johnson’s campaign.