Fellow feeling ready to support Tory (11)

I believe the answer is:

concurrency

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'fellow feeling ready' is the definition.
The definition suggests a singular noun which matches the answer.

'to support tory' is the wordplay.
'to' becomes 'currency' (I am not sure about this - if you are sure you should believe this answer much more).
'support' says to put letters next to each other.
'tory' becomes 'con' (abbreviation for Conservative).
'currency' put after 'con' is 'CONCURRENCY'.

Can you help me to learn more?

I've seen this clue in The Telegraph.

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