'Get Britain back living within our means' - Philip Hammond

Chancellor addresses 2016 party conference

Victoria McKeever
clock • 2 min read

Chancellor Philip Hammond has promised to continue fiscal consolidation in a bid to "get Britain back living within our means" while warning of "turbulence" as a result of the Brexit vote.

In his speech to the Conservative Party conference in Birmingham today, Hammond (pictured) said there was "no room for complacency" despite recent data having turned out better than expected. Acknowledging many businesses that trade with the EU were uncertain about what lies ahead - "the process of the negotiation and the deal that will be done - the Chancellor said: "I understand their concerns - business hates uncertainty." He added: "As we negotiate our exit from the EU and our future relationship with it, this government will fight for the best possible deal for British business a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

News editor's view: 40s are the new 50s - a move in the right direction? 

News editor's view: 40s are the new 50s - a move in the right direction? 

The news editor's Friday Night Takeaway from 1 May

Isabel Baxter
clock 01 May 2026 • 3 min read
Feel Good Friday: FOS chooses Dementia UK as charity partner

Feel Good Friday: FOS chooses Dementia UK as charity partner

Will support Dementia UK over the next two years

Professional Adviser
clock 01 May 2026 • 1 min read
Why 50:50 parenting doesn't necessarily mean no child maintenance

Why 50:50 parenting doesn't necessarily mean no child maintenance

'In many cases, one parent will meet a greater share of the children’s financial needs'

Clizia Motterle
clock 01 May 2026 • 4 min read