'Its the right thing to do': Tories welcome chancellor's plan to create pension 'mega funds'

A 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." Politics latest: https://trib.al/YKanzN3 #Pensions #Tories #Politics #SkyNews SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales