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UK Finance Minister Philip Hammond seeks to reassure British businesses

UK Finance Minister Philip Hammond has sought to reassure British businesses amid uncertainty in the wake of the vote to leave the EU.

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UK Finance Minister Philip Hammond seeks to reassure British businesses

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UK Finance Minister Philip Hammond has sought to reassure British businesses amid uncertainty in the wake of the vote to leave the EU.

He told members at the Conservative Party conference there may be a rocky road ahead, but he said he was determined to help the economy cope.

“We are ready to take whatever steps are necessary to protect this economy from turbulence. And when the process is over, we are ready to provide support to British businesses as they adjust to life outside the EU. Because Brexit does mean Brexit and we are going to make a success of it,” he told the conference on day two.

Hammond told those gathered in Birmingham that a new “flexible and pragmatic” post-Brexit fiscal plan will be laid out in November’s Autumn Statement.

On Sunday (October 2) UK Prime Minister, Theresa May, set out a timetable for starting Brexit negotiations by the end of March, 2017.