A scathing millionaire Tory donor has switched his allegiance to Labour - saying the government has turned the UK into a laughing stock and accusing Liz Truss and Kwasi Kwarteng of "GCSE economics".
Gareth Quarry has recently ploughed £100,000 into Labour Party coffers, having previously donated £75,000 to the Conservatives under David Cameron and Theresa May.
Mr Quarry said he was alarmed by "zealots" in the top jobs, instead claiming the opposition front bench are “sensible people who have got their feet on the ground”.