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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Police investigating an attempted dog theft in Dalton near Thirsk have issued an e-fit of one of the suspects.
People are setting their festive spending budgets higher in the NE than anywhere else in the country.
After a wet start to the Christmas week things will slowly improve.