Tory donor threatens to cut party funding if Rishi Sunak wins leadership race

• Top Tory donor Lord Cruddas said he does not think Sunak is ‘fit for high office’
• He has posted insults such as ‘rat’, ‘backstabber’ and ‘Fishy Rishi’ online
• The £4m donor has also shared mocking memes of the former Chancellor 

Tory donor Lord Cruddas has threatened to cut off the party’s funding in protest at Rishi Sunak’s betrayal of Boris Johnson.

The City financier, who has given almost £4million to the Conservatives, warned the former chancellor was ‘not fit for high office’.

Lord Cruddas has shared a series of posts on social media describing Mr Sunak as a ‘rat’, ‘a treacherous snake’, a ‘little weasel’, a ‘backstabber’ and ‘Fishy Rishi’. Other insults include the leader of a ‘coup’ who ‘must be removed’.

Lord Cruddas has called Mr Sunak a ‘backstabber’ and says he will not give the Conservatives a planned £500,000 unless the membership is able to vote on whether Boris Johnson should remain as Prime Minister

Lord Cruddas grew up on a council estate and made his fortune setting up a major online trading firm

One such post included a caricature of Mr Sunak with the words: ‘The hand that wields the knife shall never wear the crown.’

Lord Cruddas told The Sunday Times: ‘I planned to donate a total of £500,000 this year but that is on hold and will not be paid unless the membership have a chance to vote on Boris being PM.

‘I have no interest in Rishi, who I deem to be not fit for high office due to his plotting and the orchestrated way he and others resigned to remove the PM.’

Lord Cruddas, who was handed a peerage by Mr Johnson last year, made his fortune setting up online trading firm CMC Markets.

He grew up on a council estate in east London and left school aged 15 with no qualifications.

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