Watch Downing Street live ahead of the budget.
Chancellor Rachel Reeves will promise to "invest, invest, invest" in Labour’s first budget for 15 years.
Ms Reeves – who is set to stand up in the Commons just after 12.30pm today – will also give a pledge that "working people won’t face higher taxes in their payslips".
However, she will clarify that Labour’s manifesto promise to keep national insurance unchanged only applies to employee contributions – paving the way for an increase in tax for employers.
Get the latest analysis and reaction in the Politics Hub live blog: https://news.sky.com/story/budget-latest-rachel-reeves-updates-live-12593360
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