The Government has been accused of "recycling money" for its flagship levelling up plans this week which will fall short of boosting poorer areas.
Ministers want to help transform derelict parts of 20 towns and cities in England, with new housing and jobs, through its blueprint.
Sheffield and Wolverhampton have been chosen as the first places to benefit from the regeneration funding.
But hours after Levelling Up Secretary Michael Gove announced the chosen locations for a £1.5 billion brownfield fund, he was forced to admit the money had already been announced.
Some Tory ministers do not believe the plans are ambitious enough and that the public will see through attempts to repackage proposals that have already been announced.
One told the Mirror: "This is our main policy offer to thousands of people who voted for us in 'red wall' seats or the first time in 2019.
"What's on the table now is just too meagre to persuade them we'll deliver the change we promised".
Labour's Lisa Nandy said: “This recycled money, which gives us a bit of a refund in a few places on the money that we’ve lost, just completely missed the point.
"People need money back in their pockets. We need good jobs and wages."
Analysis by Labour has found that virtually every area of England has received less in funding on average since 2018, as a result of spending cuts, than they received from regional development funds like the Towns Fund.
The Government has been accused of trying to manipulate announcements on extra funding for poorer parts of the UK in a desperate attempt to save Boris Johnson ’s premiership.
Ms Nandy claimed the Tories had been caught out trying to spin that extra money had been found for poorer areas when the white paper actually contained nothing new.
“I don’t think Tory MPs are going to find it very reassuring when the supposed new pot of gold contains not a penny of new money,” she said.
Lib Dem deputy leader Daisy Cooper said the episode showed the government was not “remotely serious about levelling up this country.”
A separate £1.5 billion Levelling Up Home Building Fund will also be launched next week, providing loans to small and medium-size builders and developers to deliver 42,000 homes.
The vast majority will go outside London and the South East, although the Government has said the cash for this fund was first announced in 2020.
Meanwhile, more than 100 places outside London will benefit from extra funding for arts and culture from 2023, according to the the Department of Culture.
Mr Gove said the Government's plans would help "transform" these areas, as well as relieving pressure on green fields and infrastructure in the South East.