Moguls

Murdoch Dumps Labour Party

"Labour's Lost It." It was the headline which shocked the British political world last week as Rupert Murdoch's popular paper, The Sun, crossed over from supporting the country's liberal party to its conservative one. The Independent explained that the switch may have jolted Gordon Brown and other Labour leaders but came as no surprise to conservatives. How did it go down? "It was the product of months of networking, negotiating, wine drinking, canape quaffing, villa visiting and yacht boarding as the Conservative Party and Britain's biggest media company learned to love and understand each other once again," the paper said.