But we hang around (7)
I believe the answer is:
however
'but' is the definition.
(I've seen this in another clue)
'we hang around' is the wordplay.
'hang' becomes 'hover' (I've seen this before).
'around' is an insertion indicator.
'we' going into 'hover' is 'HOWEVER'.
(Other definitions for however that I've seen before include "Yet" , "at all events" , "Nevertheless" , "still" , "at the same time" .)