Rishi Sunak will speak today at the House of Commons and present the budget for autumn 2021.
People with the National Living Wage, NHS staff, and education will benefit.
The Chancellor of the Exchequer has also promised to end the public sector wage freeze.
Live coverage of today’s announcement will be broadcast on BBC Two as well as on news channels such as BBC and Sky.
ITV is also expected to air live coverage of the budget on an extended midday newscast.
It is reported that he will have more cash than expected due to a quick recovery from Covid.
The Chancellor will be optimistic when he speaks of building a “stronger economy of the future”.
Rishi Sunak is expected to be at approx Today 12:30 p.m.
He will address the Commons after the PMQs, which run every Tuesday at noon.
During his speech, Mr. Sunak is expected to say, “Today’s budget begins with preparing for a new post-Covid economy.
“An economy with higher wages, higher skills and increasing productivity through strong public services, vibrant communities and safer roads.
“An economy that is fit for a new age of optimism. That is the stronger economy of the future. “
Follow for updates on today’s budget announcement Business Live’s blog.