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PRIVACY

Tories handing £100bn tax breaks and giveaways to super-rich donors

Labour slammed the 'obscene' situation which sees billionaires 'buying access and tax breaks' as analysis shows a third of the UK’s super rich have donated £50million to the Tories since 2005

MUST-SEE: CBI CHIEF'S HELPFUL WHISPER TO BORIS JOHNSON AFTER SOME TENSE QUESTIONING

He claimed to be on the side of the poor today, but Boris Johnson is more interested in keeping his billionaire backers happy.

A third of the UK’s super rich have donated £50million to the Tories since 2005 – and 10 of our 151 billionaires have given cash since Mr Johnson revealed in May that he wanted to be Prime Minister, Labour analysis found.

Meanwhile, his government is handing them almost £100billion in tax breaks and in corporate giveaways over the next four years.

Mr Johnson, whose party has made £70billion of public spending cuts since taking power in 2010, said he wanted to “close the opportunity gap” between regions and end “injustice”.

He said: “I passionately believe that around this amazing country talent, genius, flair, are evenly distributed, but opportunity is unevenly distributed.”

Boris Johnson claimed to be on the side of the poor at the at the annual Confederation of British Industry (CBI) conference in London today(ANDY RAIN/EPA-EFE/REX)

 

Mr Johnson told a Confederation of British Industry conference he was concerned about areas where “lives are a decade shorter than elsewhere”.

Since 2010, the gaps in life expectancy between the wealthiest and poorest parts of the UK have widened, with a woman in Blackpool dying on average seven years earlier than one in Camden, North London.

Inequality has also widened, with 44% of the country’s wealth owned by the top 10%.