Jeremy Hunt says he hopes the autumn statement’s measures will make a “really big difference” to entrepreneurs.
In a social media video, the Chancellor said the statement had “110 different measures to help grow the British economy”.
“I’m thinking of my own business, that I set up over 30 years ago,” the Chancellor said.
“I want to help thousands of other people do what I did, and I hope today will make a really big difference.”
Hunt is now heading to the House of Commons to deliver his speech.