A Tory donor has admitted that the party is not fit to run the country - saying the UK is now on the path to being the "sick man of Europe".
In a scathing assessment of the Conservative record in power, Guy Hands also warned that Britain might need a bailout from the International Monetary Fund (IMF).
Private equity boss Mr Hands said the British economy is "doomed" if the Conservatives do not "own up to" Brexit mistakes and find a leader who can renegotiate with the EU.
