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'Its the right thing to do': Tories welcome chancellor's plan to create pension 'mega funds'
Posted
November 14, 2024
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November 14, 2024
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7:54Now PlayingA member of the Tory shadow cabinet has expressed his support for Labour's plan to create pension "mega funds" to free up funding to invest in British infrastructure, saying it "builds on" the work of the previous government.
Kevin Hollinrake, shadow secretary of state for levelling up, said the chancellor's plan is "the right thing to do", adding that investing more money to "drive forward the UK economy" would be "good for everybody".
Sky's Wilfred Frost expressed some surprise at the rare support from the opposition for the government, to which Mr Hollinrake replied: "Where we can support the government, we will. We want the government to succeed."
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