Chancellor warns UK is heading into 'greater uncertainty'

Follows positive growth figures

Jayna Rana
clock • 1 min read

Philip Hammond, the UK's Chancellor of the Exchequer, has warned the economy is likely to enter a period of greater uncertainty as Brexit negotiations begin next year.

Despite better-than-expected growth figures announced yesterday, the Chancellor said both the UK government and the Treasury are heading into the unknown as Brexit talks are underway. He was pleased with official data that showed the economy had grown by 0.5% in Q3, 0.2 percentage points higher than expected, but said the country should still be prepared for whatever issues may arise. Speaking to Channel 4 News, Hammond (pictured) said: "We should look at these figures and see an economy that is resilient and strong going into a period which is likely to have greater uncertainty. "...

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