Labour Donor Cuts Funding, Calls for Starmer's Exit as Prime Minister
In a striking political development, Sacha Lord, a well-known entrepreneur behind major events like the Parklife Festival and the Warehouse Project, has declared he will cease all financial contributions to the Labour Party until Prime Minister Keir Starmer resigns from office. This announcement, made in an interview with the Daily Express, underscores growing discontent within certain donor circles.
Expressions of Betrayal and Disillusionment
Lord expressed deep feelings of deception, stating he feels duped, lied to, and conned as a donor. He emphasized that under the current leadership, he would never give another penny to the party. His criticism extends beyond personal grievances, targeting the government's broader performance.
He described the situation as absolutely disgusting, highlighting how the hospitality sector has been sidelined and is suffering. Lord also raised concerns about serious issues like paedophilia and sex trafficking reaching the heart of government, labeling the current administration a global embarrassment.
Regret Over Past Support and Future Predictions
Reflecting on his role in helping Labour get elected, Lord admitted to bitter regret. He voiced unprecedented worry for his sector's future, not just in the coming years but in the immediate months ahead. According to him, both Starmer and other key figures have failed to engage with the hospitality industry.
Lord predicted that Sir Keir will face a leadership coup after the May local elections, suggesting internal turmoil within the party. He lamented that traditional Labour values have been lost, accusing the party of being completely out of control and unable to effectively run a divided nation.
Praise for Alternative Figures and Business Concerns
Amid his criticisms, Lord praised Labour figures Angela Rayner and Andy Burnham. Rayner, in particular, has advocated for tax cuts and reduced red tape for businesses, echoing concerns from entrepreneurs. She noted that businesses are struggling to stay afloat due to high costs, including punishing business rates, soaring energy bills, and supply chain challenges.
This stance highlights a broader call for economic relief and support within the business community, as the political landscape continues to evolve.