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Moulton turns his back on Tories
Better Capital founder and prominent Conservative donor Jon Moulton has revealed he no longer supports the party. The venture capitalist said in an interview with Management Today that “after the Liam Fox affair and the recent GDP downgrade, it’s difficult working up much enthusiasm to be a political donor”. Moulton gave £35,000 to a charity set up by Fox’s former flatmate Adam Werritty last year but said he felt “mugged” by the donation after Werrity’s unusual role was uncovered. Fox resigned from the government in October after self-styled adviser Werritty was found to have lobbied donors for cash in the defence secretary’s name.