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World

VERBATIM: A hint at Hammond's UK budget plans

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Opening sequence

World

VERBATIM: A hint at Hammond's UK budget plans

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COMING UP:VERBATIM: A hint at Hammond's UK budget plans

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Transcript

00:00:00
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MUSIC]
00:00:05
We have to maintain our credibility. We have an eye-wateringly large debt, we still have a significant deficit in this country and we have to prepare the economy for the period that lies ahead. I want to make sure that the economy is water-tight, that we have enough headroom to deal with any unexpected challenges over the next couple of years.
00:00:29
And most importantly, that we're ready to seize the opportunities of leaving the European Union. That means improving the productivity of our economy so that we can compete in the world.