Private companies welcome Chancellor's statement

The Chancellor, George Osborne, said he wanted to support people who are working and businesses to take more people on.

While he continues to squeeze the public sector, his Autumn Statement sounded more like a Christmas list for private companies.

He announced a number of tax cuts and schemes, which he hopes will create jobs.

Our Business Correspondent, Ben Chapman, watched the speech with members of the ITV Business Club and got their reaction.

Watch the full report here:

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The Chancellor's Autumn Statement

Businesses have revealed their Christmas wish list for George Osborne, ahead of his 'mini-budget' in the Commons.