‘Its the best factor to do’: Tories welcome chancellor’s plan to create pension ‘mega funds’

A member of the Tory shadow cupboard has expressed his help for Labour’s plan to create pension "mega funds" to release funding to spend money on British infrastructure, saying it "builds on" the work of the earlier authorities.

Kevin Hollinrake, shadow secretary of state for levelling up, mentioned the chancellor’s plan is "the right thing to do", including that investing extra money to "drive forward the UK economy" could be "good for everybody".

Sky’s Wilfred Frost expressed some shock on the uncommon help from the opposition for the federal government, to which Mr Hollinrake replied: "Where we can support the government, we will. We want the government to succeed."

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