All eyes are on Jeremy Hunt today as the Chancellor will deliver his Budget in the House of Commons.
The Budget is likely to be the last one before the UK goes to the polls in a general election that Prime Minister Rishi Sunak will take place at some point this year.
Mr Hunt, who has faced pressure from Tory MPs to ease the record-high tax burden, is expected to make a 2p cut to national insurance one of his central pledges.
But plenty more announcements are likely to be made. Stay with us to keep up with them as they’re announced in addition to the latest reaction and analysis.
9.50am
Cabinet ministers are meeting before the Chancellor delivers his Budget at 12.30pm today.
Home Secretary James Cleverly, Foreign Secretary Lord Cameron and Defence Secretary Grant Shapps were among those photographed as they arrived at Downing Street.
When will the Budget be announced?
Chancellor Jeremy Hunt will be on his feet to deliver the Budget at around 12.30pm. His speech will be preceded by Prime Minister’s Questions at midday.
The Office for Budget Responsibility are expected to publish its outlook at around 1.30pm.
A look at the key numbers, opinion polls and calendar dates before the Budget
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