Other leaders present included Katherine Garrett-Cox, chief executive of fund manager Alliance Trust, Julian Roberts, of Old Mutual, and Sir Roger Carr, who takes over as chairman of BAE Systems on February 1.
The breakfast discussion, arranged by the CBI and KPMG, also touched on the recent fall in UK unemployment, to 7pc.
The Chancellor said that he wanted big business to continue to create jobs, in a thoughtful and sustainable manner.
Simon Collins, KPMG UK chairman, who introduced the Chancellor at the start of the hour-long breakfast with the 30 or so executives, is believed to have said that while the media may have been surprised by this weeks upgrade of prospects for the UK economy by the IMF, many in the room, including Mr Osborne, were not.
The Chancellor said he was very keen for big business to make a push on technology, and said he wanted to see more investment in digital developments.
Mr Osborne cited the success of London's Tech City as a good example of government and business working together in the digital field.
Other attendees at the breakfast included Matt Brittin, head of Google in the UK, and Richard Haythornthwaite, the new chairman of Centrica.
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