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Gordon Brown's leadership faced a new crisis this weekend as some of Labour’s biggest financial backers said he was not up to the job and had botched the handling of the credit crunch.
Key donors who bankrolled new Labour are now reluctant to support Brown, claiming he lacks the qualities required to salvage the party’s fortunes.
— The millionaire businessman Sir Maurice Hatter, who has donated more than £176,000 to the party since 2001, said it was time for a change of leader.
“He hasn’t got the charisma,” he said. “He was a good number two, but he is not a number one. I just don’t think he is a prime minister.”
— Sir Christopher Ondaatje, the author and businessman, who has donated £1.6m, said Brown had taken a “very dangerous road” in bailing out Northern Rock with public funds.
— Sir Gerry Robinson, a donor and former chairman of Granada TV and Allied Domecq, was scathing about Brown’s inability to delegate: “You can’t run a family like that, let alone the country.”
— Bill Kenwright, chairman of Everton football club, who has given £255,000, said the government had suffered an “energy bypass” and the leadership needed a “quantum change”.
The outspoken comments come as Brown’s personal ratings in the polls slump to a record low and after a by-election defeat in which Labour got fewer votes than the far-right British National party. Yesterday he suffered a further blow as Wendy Alexander, Labour’s Scottish leader, resigned after sleaze allegations about campaign donations.
The criticism from wealthy backers will cause panic in Labour ranks because of the financial crisis embroiling the party.
Labour files its annual accounts this week, and is only averting financial collapse because of a written guarantee that at least one union, Unite, will continue to provide significant funding. The party is negotiating with businessmen who lent Labour millions of pounds about extending the repayment period for up to a decade.
Donations from the millionaire businessmen who supported Tony Blair have virtually dried up. Lord Levy, who raised millions for Labour, said this weekend it was time for Brown to be replaced.
Hatter, the electronics tycoon who has an estimated fortune of £40m, said he would not donate to Labour while Brown was prime minister. “I was a Tony Blair supporter and I think his successor is doing very poorly,” he said. “I believe that Brown is a nonrunner. The party would be better without him being prime minister.”
Kenwright, who is also a theatre producer, continues to support the party. However, he said: “As a football chairman I know how difficult it is to please all the people all of the time, but I think the government has lost touch with the people. The leadership has to look at some sort of quantum change. There appears to have been a bit of an energy bypass.”
Robinson appeared in a party political broadcast for Labour in 1997 and was one of several businessman who signed a letter to the Financial Times supporting Labour before the last election. However, this weekend when asked if he would donate to the party while Brown was in power he replied “probably not”.
Robinson, who has given £70,000 to Labour since 2001, said Brown was not suited to leadership. “Gordon is someone who wants to be in control of the detail himself. You can’t run a family like that, let alone the country,” he said. “From a political point of view, it is hard to imagine it could be worse than it is. Brown was a very good chancellor, but it feels very rocky now. There’s more to leadership than having policies.
“There’s a need to have firmness, to have a strategy and to encourage the big picture and stay away from the minutiae. Otherwise you get horrible muddle and you don’t get use of the talent that you have.
“We are seeing the consequence of that kind of meddling in just about every decision. You get the feeling every issue is mulled over and mulled over and every time there are three alternatives given, there are six debated instead of simply getting on with it.”
Ondaatje, who has given £1.6m to Labour since 2001, would not comment on whether he would support the party again, but said the government had handled the credit crisis badly.
He said the decision to “bail out” Northern Rock with public funds would lead to “inevitable disaster”.
He said: “It has got to be the most unbelievable decision I have seen in England in 50 years. You don’t want the government trying to control the financial sector. There is no way I will subscribe to, or facilitate, or contribute to that way of thinking. I think this is a very dangerous road the government is taking.”
Even supporters of Brown acknowledged that the Labour party was in a depressed state, with public support trailing off. Peter Coates, who along with his betting company bet365 has given £300,000 to Labour since 2004, said: “We are all disappointed at Labour’s poor showing in the polls. It gets very difficult when you are getting battered every day and it is not easy to come up for the next round.” Coates indicated he would continue to back Labour financially and said Brown was a victim of economic circumstances.
Another big Labour supporter who has given and lent millions to the party, but who asked not to be named, said although he had “not given up” on Brown, “a lot of people were truly pissed off”.
Lord Paul, who offered to bankroll Brown if he called a snap election last autumn, still has faith in him. He said the slump in the polls was a “passing phase”.
He conceded, however, that the controversy over whether to change the tax rules for non-domiciles was “handled badly”. The government watered down the proposals after initially saying the tax rules for foreign businessmen would be tightened up to ensure they did not avoid tax.
It emerged this weekend that Derek Simpson, the joint general secretary of the Unite union, has written a formal letter promising to continue funding Labour, which has debts of more than £20m.
In theory, members of the National Executive Committee, who include Brown and Harriet Harman, Labour’s deputy party leader, are personally liable for the party’s debts. Labour’s auditors have been able to sign off the accounts, but the party has also made contingency plans to sell party constituency offices around the country.
The party is also in talks with millionaire lenders about extending loans to terms of 10 years. Lord Sainsbury, who lent £2m, and Sir Gulam Noon, who lent £250,000, have held early talks about converting their loans to donations to the party.
Two lenders likely to extend their loans are Derek Tullett, who lent £400,000, and Chai Patel, who lent £1.5m.
The unions, who now account for almost 90% of Labour’s donations, are demanding reforms to employment law, including increased redundancy payments and a relaxation on the ban on secondary strike action.
Simpson also wants to see John Hutton, the pro-City business secretary, removed from his job. Describing the cabinet minister as a “bogeyman”, Simpson said: “I don’t think his approach gains any respect from the people I represent. I don’t know anyone who has a good word to say about him.”
Brown has not been abandoned by all his financial backers. David Abrahams, whose donation of more than £600,000 to Labour through proxy donors led to a police investigation, said: “We should support our leader. He should be left alone. He is a decent bloke, a hard-working chap. We should give him a chance.”

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Get us out of Europe. it will be the death of this country,and the birth of a super Euro-state.
Everyone who says that it would never happen, eat your hats.
Im more anti Euro now than ever before
Petr Clutton, Wrexham, Wales
Dear David in Cambridge,
what you are describing is called a fuse. The usage normally being fuse pin or fuse link
Ross, Toronto, Canada
Look everyone knows GB is high on the autistic spectrum So what that doesn't mean he cant be PM. Lets be truly inclusive instead of shallow and look/behavealike. No I am not banging my own drum I am not autistic just a teacher!
chris, Bham, UK
David, Cambridge. I believe the word you seek is 'Frangible' although my choice would be unprintable.
evilC, notts, uk
i think it is something when unions fund this party to 90% of its donations, many of their members fall into the 10p tax bracket gordon brown abolished.
Who is more out of touch, gordon or his union bosses who continue to supprt him, they deserve each other.
paul bottomley, warrington, england
I cant afford to be a Zanu-Labour donator, or bank off shore. So I have to be "judgemental" and "shallow" .
I see my paypacket each month, minus tax, and then get taxed on the remainder. For what?
Dodgy MPs
Illegal Wars
Europe
Criminals walking out early
Eco towns
Windmills.
etc
ronnie, bucks, UK
Could we just return to a Monarchy ?
W Faden, Boston, UK
Stephen Desmond, Wallasey, England
Brown taking blame for Darling's mistakes.
What world are you in? The 10p tax band issue was ALL BROWN and probably everything else.
M. Cawdery, Portadown, Co. UK, EU (now)
Come on we all know that GB is on the autistic spectrum. lets stop being lookalike/behavealike shallow and judgemental & be truly inclusive! We could support him!! No i am not autistic I am a teacher.
chris, Bham, UK
Gordon Brown has based its policies on hatred, hatred of muslims, time before it was hatred of JEWS. I would not vote for a party who says I should give up my freedom because a policy of hatred is more important than governing the country that I live in. Hence the mess we have today.
Daphne Kenward, Cambridge, UK
I happen to agree with the anti-Brown sentiment but it seems its not what we - the great unwashed - think. The article spells out clearly that it is what big business want and think with their millions on the one hand and big union want and think with their millions on the other.
Graham, Towcester,
The labour party have got themselves into approx £20,000,000 of debt, that equates to around £120,000 per labour MP. Is that good money management? I don't think so. If labour were to spread that level of debt onto the population of Britain, the good ship Britannia would SINK without trace.
Roger, London, England
fun to see labour self combust. Greedy businessmen thinking they could buy influence, greedy politicians with their snouts in the trough and a fawning liberal media licking whatever it took to gain access.
One question - when do the PEOPLE get their say? I'm afraid we never may.
Rob, Isle of Wight,
I shall avoid any business associated with funding this despot Labour party....I feel sick at the thought of my money dripping it's way into a party which wastes enough of my hard earned cash as it is!!
I'm glad I don't shop at Sainsburys anyway - better if the money was used to reduce prices!
Andrew, Northampton,
After reading the tirade of abuse could one of the participants please explain how the Tory Party is funded....the great and the good? I think not. Incidentally my family and my neighbours have done pretty well over the last 10 years.
John Parker, Hazel Grove,
Economic downturn is no excuse for Gordon Brown and his Governments unpopularity. Abolition of the 10p tax band, retrospective Road Tax increases, and incremental Petrol Tax increases during an economic downturn when our bank balance take a hammering, goes a long way to explain their poor ratings
D. Winter, Gosport,
I'd say that all these donors had suffered a collective 'logic bypass' in the past for bank rolling this despotic regime in the first place.
Brian Roberts , Plymouth, Devon
How very typical of the 'Barons' who rule this country. One of their own is down - not quite out yet - but they rally around to give him a damn good kicking in the time honoured traditional way we have come to expect from these spineless creatures.
Reginald, Bishops Stortford, UK
Looks like a buyers strike on peerage then. That should bring the price down. Maybe I can afford one soon?
Mike, Tauranga, New Zealand
kimy, london says "maybe we should give him (Brown) a chance".
How ridiculous, the blokes destroying the fundamentals of Britain. What right has he earned to cause so much chaos, I really do despair.
Roger, London, England
If their own party is 20 mil in debt is it any wonder the Country is in trouble?
paul, notts, uk
Good Chancellor. Your joking. His first budget contained his first hidden trick, stealing billions from our pensions and it went downhill from there. The flood of good times in the economy has gone down. Now the stealth taxes and profligate spending are visible above the water line. He's bust!
Peter Ryder, Middlewich, UK
For 10 years Tony Blair beguiled us with smoke and mirrors. Now that the magician has gone the scales have fallen from our eyes and we realise what we should already have known: socialism never works. It's not Brown's fault; it's original sin.
Terry Hamblin, Bournemouth,
So having bankrupted the country and encouraged so many private individuals to bankrupt themselves, the New Labour Project will soon find its creditors knocking on the door. Shame on Unite for providing it with a lifeline. Hopefully the other unions will not do the same.
Paul, Coventry,
if oil hits $200 a barrel then the people who lost out on the 10p tax wont be able to afford anything there will then be 5.500,000 very pissed off people who can take there revenge in may 2010 new labour has forgotten its roots
paul cope, west bromwich, staffordshire
The answer to the continuing destruction of our democracy by 5 year dictators Thatcher, Blair, Brown etc. is more democracy, more often!
The answer requires major changes necessitating a referendum - the present MP's will not do it!!
First, and most important, unless parties are banned we must have secret ballots in parliament. NO WHIPS!!!!!
Second No parties - then proportional representation becomes unnecessary AND NO-ONE BUYS OUR DEMOCRACY!!!!
Third Reduce MP numbers by 75%
Fourth MP's salaries are paid by the local ratepayers as an agreed sum from the rates - MP's become responsible to their constituents.
Fifth any housing requirement by MP is rented by the ratepayers. No expenses - it becomes the MP's responsibility to get to work like the rest of us.
Sixth the speaker is a professional non elected chairman with no voting power.
The MP is a working MP with no second job and any directorships within 5 years of office are banned.
Professional lobbying made illegal!
Possibly minimum relevant qualifications for MP's on technical committees or with ministerial responsibilities
The current corrupt system must be changed!!!!!!!!!!!!!
Len, Guadalajara, Spain
As James of Auckland points out, Gordon Brown was not elected to his present office as Prime Minister. If this had happened in the old Soviet Union, the West would have shaken their heads in disbelief and pointed viciously accusing fingers at a total betrayal of democracy.
Edmund Burke, Kingston upon Thames, England
I am amazed at intelligent business men supporting the Labour party. It is the same every time; they waste money like spendrift children and bring the UKs economy down. To my knowledge they have done this at least three times. This record and still supporting?
M. Cawdery, Portadown, Co. UK, EU (now)
What's the fuss. Convicted felon, Geoirge Soros will step up to the plate through his buddy Malloch Brown. Soros must have doubled his fortune betting against the dollar (as he did against the pound). He already has the US Democratic Party in his pocket so the Labour Party will be one more
Mike, Sao Paulo,
The focus is all on Brown and the credit crunch, but
wasn't it mainly Blair's and Thatcher's idea to
globalise ? and ...
did Blair reduce our reliance on oil ? ... No !
Blairs a winner.. he knows when to leave the game.
M walker, Nr bromsgrove, worcs
For the good of the Party and the Nation, Gordon Brown must go. He is clearly not up to the task. I will not vote for or support the Labour Party until he either stands down or gets pushed out.
Carl, London,
Compare Brown to Mugabe? An earlier comparison; Brown is a non-english born Labour MP of overweaning confidence, an inability to delegate who has a coterie of minions (Campbell, Donoghue, Liddle) in common, who thieves others pension funds to finance grandiose schemes. The Robert Maxwell of today
Glyn H, Devon,
Brown and his friends the power brokers should be sent out of all politics forever and should not be allowed to sit back and write their memoirs.Get rid of all professional politicians, five years in parliament only and no return. Only then might they be independent of any favourable friends?
griffiths, wrexham, north wales
Can we all please address the made up expression "Credit Crunch". We are simply in a nasty Recession.Which ever spin doctor came up with this term, please do the country a favour, and dont treat us like mug's.
Thomas, london, uk
amazing! it's only taken a year for these guys to realise gb is not up to the job?
it was perfectly obvious to anyone with half a brain 7 or 8 years ago, while wwe saw that he was riding on the crest of the benefits of the late 90s/early 2000s boom.
spendomania is not good in a chancellor.
grindles, London, england
No point in giving him more chances. For 1, he had 11 years of chances and, 2, he it wasn't just a chance he blew but whatever was left of his credibility when toying with the electorate last autumn. Credibility, once lost, never comes back. Labour should get rid of him if they want to survive.
Nick, London,
The only way we want a change of Prime Minister of this Country is via a General Election!
We do not want a "coronation" of another un-elected Prime Minister.
New Labour has lost it's mandate to govern the Country.
Stephen Holmes, Withington, UK
Not many native Englishman supporting the socialists then
Richard K, Nottingham,
What a filthy game is Politics. Why the hell are these people giving or lending in the first place. What was in it for them?
The whole Nu Lab thing has been the ruin of my country...England. I have been foced to leave because of these people.
John Bull, Farnham , Surrey
I find it most amusing to hear people comparing Gordon Brown to Robert Mugabe.
I am a staunch Conservative and have been for as ling as i have followed politics, but i would sooner see Brown in number 10 than David Cameron. Brown is merely taking the heat for Darling's mistakes with the economy.
Stephen Desmond, Wallasey, England
I am happy to say that it won't make a difference if he does step down, in terms of keeping Labour in power. I have not heard a member of Labour speak with any authority for a long time and they come over in a cheap and transparent sales-pitch with every breath, constantly insulting our intelligence
James Cullup, Oxford,
"Brown has had his chance & has flunked it"
Some people still don't get it ... Brown has been wrong from the start, right from 1997. A bad chancellor.
He inherited a good economy from the Tories and benign world trading /inflation conditions. His policies have been downhill ever since.
TrevorH, OXON, UK
Not Flash just Labour. You can shoot the Messenger but the message doesn't change. Lost to the BNP! Crass does not describe recent activities; how can retrospective car tax be spun as "Green";how can discrimination against white males be "Positive". At this rate they will lose to the Miss GB Party!
B James, Clifton, UK
There's a saying about not throwing good money after bad, and the rich know it all too well.
Yet these rich donors insist on giving more or not asking for it back, knowing they are backing a losing cert of a PM.
They must know something we don't - it is all very suspicious...more work for the Plod?
Padraig, Perth, Australia
If I were Bill Kenwright I'd be asking for my money back - all the other donor's mentioned have a 'K' or a 'Big P'.........
MarkS, Leeds,
In essence, Brown has characteristics like Robert Mugabe, only Bob is more successful at it.
Both have massive egos, so big they ignore reality
Both are totalitarian control freaks
Both would take all your money for the state
Both want your home for the state
Both relocate voters to their advantage
Mike G, Wraysbury, LONDON, UK
I am an Everton season ticket holder. After reading this I will not be renewing it next year. If Kenright want to waste his money on this dead as a dodo Govenrment thats up to him but I no longer support Labour and want to see it got rid of asap not propped up by naive busineesman.
Seb, Liverpool,
maybe we should give him a chance.
kimy, london, UK
It is very regretable that the media have turned against Gordon and he has to take some responsibility for his low poll ratings. However, on balance, as a lifelong and continuing Labour supporter, I say it is time for him to step down for the good of the country, the people and the Labour Government
David H, Sheffield, England
Brown has had his chance & has flunked it, his track record is a catalogue of crass decisions in pursuit of his personal grandeur. This has been at the expense of all citizens of the UK . Few think well of this uninspiring, sad man & his family, friends & colleagues, should advise him to GO NOW.
Dicken, Farnborough, UK
It is intresting to read more people who has been bank rolling the NULabour idiots, I will be attempting to boycott spending my money at any business they are involved in.
Jon, London,
This article raisies a number of issues, particularly those entities/businesses which fund this party. But if some really think it is wise to fund this party, one must question how they invest in business life! The Labour Party is BUST not only financially but in support from the general public.
Richard, Plymouth,
Great news that Brown & Harman may be liable for the money personally. Nothing would please me more then to see them have their own personal credit crunch - maybe they would then get an idea of how the rest of us are feeling (though I bet there is a get out for them - there always is).
John, York, UK
Never mind getting rid of McBroon.
These donors need to take a good hard look at themselves.
They are partly responsible for 11 years of destruction of the UK.
Jon Leigh, Safely out of it in rural, France
Labour cant change leader without calling an election which they will definitley lose in bad way.
They also cant have an election yet as they haven't gone quite far enough in tieing Britain up in a highly corrupt EU
Phill, The Wirral, England
Irony No. 1 - the major donors at the start of the article all have honours
Irony No. 2 - Brown is criticised for having too many policies and Cameron for not having enough
Irony No. 3 - Brown is too old & experienced and Cameron is too young and green
Anthony, Dubai,
Stop private donations to parties and provide public funding so that they can be devoted to the needs of the public not their donors. It is sickening that these people who contibute much more than most people earn has an opinion on the party that warrants being heard. More so than the public ? NO.
Joe, Geelong, VIC Australia
Those of us who live in the real world are jus ciunting the days...... if only we lived in ye olde worlde when the populace wiould rise up and hang the scumbags
J. Wilkes, Gloucester,
Funny how many "sir's" donated money, to the labour spin machine.
Richard, Bude, UK
If Gordon is ousted will Harriet Harman use the "Equality Bill" to ensure that she's made Leader of the Labour Party and Prime Minister? After all the other candidates are all white males.
John Goode, Welwyn Garden City, UK
He just hasnt got it, no one outside his little gang that stitched a deal with Tony ever wanted him to be PM. At least Bob Mugabe has retained a miniscule level of integrity and called a vote albeit fixed, GB just ignored every one and realsing his card was marked turned away from an election
James, Auckland/&Southampton, UK/NZ
the credit crunch, the Brown bore, now it's the aliteration avalanche
Peter c, Devizes, England
Rats deserting a sinking ship, we presume. Brown's 10p tax scrap, VED, fuel duty are abhorrent. Hit the motorist or haulier and you're damned. Allowing easy credit, eco-tax, government overborrowing, grandiose public schemes that only benefit a few, house price escalation, and damnation follows.
Dwight Vandryver, Scholar Green, Cheshire, UK
To David, Cambridge, I think the word ou're looking for is a "snot". Hmmmm...
colin, Wokingham, UK
Shouldn't the headline be: Labour donor has veto on cabinet?
Imagine the furore if, say, Lord Ashcroft decided who got into Cameron's shadow cabinet.
KB, London, UK
Labour is yet again proving that it is not a case of Brown's competence, but selling its soul and principles to the highest bidders. Where is the great mass of support from the common people Labour claims to represent?
Bob Evans, Anaheim, California
Go! Go! Gordon! We all know you're NOT a leader. Blair would win against Cameron. Cameron is a bad Blair copy who looks good against the 'smiling' Gordon. Mind, even Amie Winehouse looks good against Gordon. I think the well-being of the nation is more important than Gordon's ego. Go Gordon!!
Dave Deacon, LIVERPOOL, Merseyside
Mr Abrahams is correct. The guy is not so mad after all.
Since when did big money donors decide who ran the party. This is not buy the leader. :
Fred, London, UK
I can't help but think of old Gordon as one of those little useless bits of plastic which first holds together the parts for the model aeroplane. I'm sure there's an engineering word for it, like a weak member deliberately placed to fail so as to produce a clean break.
David, Cambridge, UK
Not long to go now for the unfortunate citizens of this country!
Matthew Jones, Newcastle-under-Lyme, United Kingdom
I agree with Bill Kenwright, there needs to be a quantum leap for Gordon and Labour. The situation now is that almost nobody takes them seriously. They say something, it is derided, if the Tories would say the very same thing, it would be praised. The only way out is to regain the initiative, fast!
Nabil H, London, UK
Just give it a few months and we will see the friends of Gordon Brown slip away into the shadows from whence they came. All smoke and mirrors.
Vini, London, UK.