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Business and politics in 'parallel universes'


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As last night's confidence vote against Theresa May laid bare, the Tory Party is deeply divided, and that makes business nervous.

James Wates of construction firm Wates Group, and a Tory Party donor, told Wake up to Money: "Sometimes I wonder whether MPs are really looking at what's going on outside Westminster, whether they are listening to the business lobbyists."

His family will continue to donate to the Tory party, but he feels business and politics currently exist in "parallel universes". He's also unconvinced yesterday's vote will bring an end to Ms May's troubles in Westminster.
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