Major Tory donor says he will not back Sunak due to green U-turn ‘madness’

John Caudwell said: ‘If Rishi sticks to [the green U-turn], would I donate to the Conservative party? No chance whatsoever with the decisions they are making at the moment’. Photograph: Dominic Lipinski/PA

Billionaire John Caudwell, the biggest donor to the Conservative party before the last election, has said he will not back Rishi Sunak after the “madness” of his U-turn on green policies.

Caudwell said he was now thinking about switching to Labour instead.