How Rich Are the Tory Leadership Candidates?

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Just How Rich Are the Tory Leadership Candidates? Novara Reporters: We live in a plutocracy. In August, 0.29% of the British public – 5% of whom earn over £100,000 – will choose the country's next prime minister. Once in office, the newly appointed PM will begin receiving advances from the UK's estimated 4,000 political lobbyists. Cash will pour into their party's coffers from super-rich donors keen to keep the UK the world's leading cesspit of dirty money – one-third of the UK's richest people have donated a combined £52m to the Tories in return for around £100bn in tax breaks, a great deal if you ask us – as well as from corporations hoping to land some sweet PPE deals in time for the next pandemic. Given the outsize influence that money has on our democracy, we're surprised how little attention has been paid to how much of it the Tory leadership candidates have. Sure, Rishi is super rich – but exactly how much are we talking? Much more so than their outlandish campaign pledges, the 11 candidates' wealth and how they acquired it could indicate the kind of prime minister they will be. With that in mind, we've decided to compare the 11 hopefuls on one metric: the size of their wallets. CONTINUE READING ➡︎ Picks of the week... REPORT Could 'Don't Pay' Pull It Off? by Sophie K Rosa A new, viral campaign is encouraging people to cancel their direct debits if the government fails to act on the cost of living crisis. It's a longshot, but the organisers fancy their chances. Sophie K Rosa reports. Read more... OPINION Boris Johnson Could Have Been Another Thatcher by Aaron Bastani Johnson's stunning election win in 2019 should have meant he was able to oversee a sea-change in British politics. In less than three years he threw it all away, argues Aaron Bastani. Read more... READ MORE ON NOVARAMEDIA.COM ➡︎ Back independent journalism.  Over the past week, more people than ever have turned to Novara Media for truly independent journalism that analyses what it will take to build a society that works for everyone.  We don't have super-rich funders. We don't have advertising partnerships. All we have is an audience of people who believe in what we do. Having 10,000 of you backing us each month will give us a really strong foundation from which we can grow. We want to bring you even more analysis, opinion and reporting than we've been able to before. Help build our supporter base to 10,000 strong. Join our regular supporters from just £1 per month today. Anything you can give does not go unnoticed. We can't do what we do without you.  Copyright © 2022 Thousand Hands Ltd. All rights reserved. Thousand Hands Ltd is a private company limited by guarantee registered in England and Wales #11245029. Its registered address is 10 Bridge Street, Christchurch, BH23 1EF. Novara Media is a trading name of Thousand Hands Ltd and, as such, the individual shall have no personal liability arising out of such communication, and liability or obligation rests solely with Novara Media. Opinions or advice contained in this email are subject to the terms and conditions set out in the relevant terms of business and are not necessarily agreed or authorised by Thousand Hands Ltd. We have taken all reasonable precautions to ensure that no viruses are transmitted from Novara Media to any third party. Novara Media accepts no responsibility for any loss or damage resulting directly or indirectly from the use of this email or the contents. Novara Media is regulated by IMPRESS, the independent press regulator.

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