Chancellor Hammond vows to defeat Labour 'dinosaurs'

Chancellor of the Exchequer Philip Hammond pledged to inflict a defeat on Jeremy Corbyn and the Labour party, who he also described as 'dinosaurs' during his speech at the Conservative party conference.

Hammond told those in attendance that Corbyn was a 'danger' to UK politics, and that a Labour government would 'wreak havoc' on the UK.

He also confirmed a £300m investment in railways for the north of England, as well as the extra £10bn for the help-to-buy housing scheme.

"They say politics is about the clash of ideas. So we say to Corbyn 'bring it on'," Hammond said.

He described Corbyn and his deputy Labour leader John McDonnell as ‘dinosaurs who had broken out of their glass cases’.

"Let them put their arguments, let them make their case. We will take them on. And we will defeat them. I promise you this: we will defeat them by the power of argument; by our logic; by the experience of history."

Hammond attempted to reach out to the younger generation during his speech, saying that the government had to educate people about how the economy works.

"We have to explain why and how the market economy works and the role of competition as the consumer’s friend."

"I think we owe it to the next generation to show how Corbyn’s Marxist policies will inevitably lead us back to where Britain was in the late 1970s."