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:
More top news
Police in Newcastle have arrested 13 people as part of a campaign to tackle crime and disorder in the west end.
Kerrie Gosney brings you Sunday night's forecast for the Tyne Tees region
The remains of Hurricane Gonzalo will reach the UK on Monday night, bringing a period of strong winds and heavy rain to the UK.