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Rishi Sunak admits taking money from deprived areas

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theguardian.com

Rishi Sunak has admitted taking money from deprived urban areas in order to give it to other parts of the country.The former chancellor, who is standing to be prime minister, made the claim last month while speaking to Tory members in Tunbridge Wells, Kent.In footage obtained by the New Statesman, Sunak said: “I managed to start changing the funding formulas to make sure areas like this are getting the funding they deserved.<p lang=«en» dir=«ltr» xml:lang=«en»>EXCLUSIVE: In a leaked video, Rishi Sunak boasted to Conservative Party members that he was prepared to take public money out of “deprived urban areas” to help wealthy towns.@REWearmouth reports: https://t.co/uZMpjKm6rG pic.twitter.com/07sSzDksMT“We inherited a bunch of formulas from Labour that shoved all the funding into deprived urban areas and that needed to be undone.

I started the work of undoing that.”Tunbridge Wells has a Conservative majority of 14,645 and has been held by the party since the constituency was created in 1974.An analysis by the Guardian in February found that some of the wealthiest parts of England, including areas represented by government ministers, were allocated 10 times more money per capita than the poorest under Johnson’s “levelling up” agenda.The analysis brought together the four main levelling up funds for the first time.

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