we are here to show our support and our commitment to the cbi and our support the business and i want to begin by thanking so many of the business to -- the businesses here, who normally stay out of the political frame and are independent quite rightly of any political party, but who came together in their hundreds in a news better -- and newspaper letter-writing campaign to make the case for enterprise. with your help, we fought and won an argument about the best way to build a sustainable private sector recovery. instead of more wasteful government spending and more taxes on job creation of the kind that helen warned us about, we said that we would start immediately identifying savings so that we could stop the jobs tax. and that is exactly what we have done. and i can confirm that we will deliver on our promise to stop most of the increases to the employer national insurance contribution in the coming budget in order to save jobs and support the recovery. [applause] and the result of that will mean employing someone will be less expensive than it would've been, regardless of income

reflection on the importance that the british business committee and the importance i attach to it cbi as a representative of the cmunity. it is good to have in my cabinet colleagues the last conservative chancellor of the exchequer. [applause] is positively beaming and the role as lord chancellor of the country. we are here to show our support and our commitment to thebi and our support the business and i want to begin by thanking so many of the business to -- the businesses here, who normally stay out of the political frame and are independent quite rightly of any polical party, but who came together in their hundreds in a news better -- and newspaper letter-writing campaign to make the case for enterprise. with your help, we fought and won an argument about the best way to build a sustainable private sector recovery. instead of more wasteful government spending and more taxes on job creation of the kind that helen warned us about, we said that we would start immediaty identifying savings so that we could stop the jobs tax. and that is eactly what we have done. and i can confirm that

we are here to show our support and commitment to the cbi. i went to begin a speech by thinking so many of the businesses represented here today who normally stay out of being political frame and are independent, quite rightly, of a political party, but who came together in a newspaper writing campaign during the election to make the case for enterprise. but your help, we fought and won. there was an argument about the best way to build a sustainable, private sector recovery. instead of more wasteful government spending and more taxes on job creation, we said we would start immediately identifying saving so that we could stop the jobs tax. that is exactly what we have done. i can confirm we will deliver on our promise to stop most of the increase in the insurance and contribution in the coming budget to help save jobs and support the recovery. [applause] the results of that will mean employing someone will be less expensive than it would have been regardless of income. it will encourage employers to create jobs and protect existing jobs, espe