Truss claims recession ‘not inevitable’ despite Bank of England warning
Rishi Sunak was filmed boasting about diverting funding away from “deprived urban areas” towards more prosperous areas that “deserve” them.
The New Statesman magazine, which obtained video revealing Mr Sunak's remarks, said they were made to grassroots Tories in Royal Tunbridge Wells, Kent, on 29 July.
Labour said it was "scandalous" that Mr Sunak was "openly boasting that he fixed the rules to funnel taxpayers' money to rich Tory shires".
In the video, Mr Sunak told Tory supporters: "I managed to start changing the funding formulas, to make sure areas like this are getting the funding they deserve because 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."
Earlier the head of a highly influential think tank warned that the next prime minister will have to find “many more billions” of pounds to help households pay soaring energy bills after the Bank of England’s dire economic forecast.
