Cameron reveals business tax breaks

David Cameron has unveiled a package of tax breaks for new businesses as part of the Tories’ campaign on jobs.

Addressing the Tory party conference in Manchester this afternoon, Cameron said that any new business created in the first two years of a Conservative government would benefit from tax relief. Measures would include waiving employers’ national insurance contributions for a company’s first 10 employees.

Cameron said he believed the measure would “create 60,000 new jobs.”

He was speaking after a presentation by the shadow cabinet emphasized the Conservatives’ focus on creating jobs in practical disciplines, including building and engineering.