The Chancellor's Autumn Statement won the support from the Federation of Small Businesses.
Today's Autumn Statement represents steady progress, with a range of announcements that address members' concerns in the cost of doing business, with action on business rates and confirmation that next year's fuel duty rise will be cancelled.
The statement is a sobering reminder about the scale of the deficit the country faces and the tough choices which need to be made.
We therefore welcome the use of what spare resources the Chancellor could find to focus tax cuts on encouraging firms to take on younger workers, which must be an overriding priority.
The Government has said that future changes in the pension age will be based on the principle that workers should expect to spend about one-third of their adult lives, on average, in retirement.
Filming with 19 year old Jordan who's been working since he was 15 - unsurprisingly he s not v pleased he won't get a pension for 51 years
Shadow Chancellor Ed Balls accused the Government of being in "complete denial" in response to the Autumn Statement, adding: "With this Government clearly it's not just the badgers who move the goalposts."
This is an important moment for Ed Balls. A very tricky day, but he needs to land a few punches.
I don't think this is a day Ed B is going to look back on with affection.
People now in their forties will have to wait until 68 to receive the state pension after it was revealed that the date of the planned increase in the retirement age is likely to be brought forward from 2046 to the mid-2030s.
And a further rise in the state pension age to 69 is expected to take place by the late 2040s, hitting people now in their early thirties, the Government has said.
The delayed retirement dates will help save around £400 billion from the national bill for pensions, on top of the more than £100 billion already banked from planned rises to 66 by 2020 and 67 by 2028, which are unchanged.
The Government said that future changes in the pension age will be based on the principle that workers should expect to spend about one-third of their adult lives, on average, in retirement.
National Insurance axed for the Under 21s (for employers).
Employers' National Insurance contributions abolished for workers aged under 21. Osborne 'big shout going out' to Tory MPs who've campaigned
Economist Alan Clarke, of Scotiabank, says: "The UK credit rating may well be revised up on the back of this - better growth, less borrowing and debt to GDP starts to fall earlier."
So far, virtually everything in this budget was leaked.
And he's down again. So really no surprises at all.
September's 2p fuel duty cancelled. Osborne definitely on side of motorists although he cites "hard working families"
Cancelling these rises over the past few years has cost £22 billion, he says.