Richard Walker says Labour leader understands how cost of living crisis puts ‘unbearable strain’ on families

The former Conservative donor who chairs Iceland supermarket has publicly backed Keir Starmer to be the next prime minister, saying the Labour leader understands how the cost of living crisis has put an “unbearable strain” on families.

Richard Walker, who quit the Tories last October after previously seeking to be a candidate, said he had reserved judgment on who to back at the next election but now believed that Labour and Starmer had a “credible programme” to improve the UK economy and people’s lives.

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