Chancellor Rishi Sunak will deliver his first Budget today at around 12.30pm. We will bring you all the latest.
READ THE LATEST on the budget here
But what can we expect from it?
- CORONAVIRUS: The Chancellor is thought to have had to re-do some calculations in order to fund the country's fight against Covid-19
The global outbreak has caused stock markets to crash and Italy has placed its entire population in quarantine. The chancellor has promised to give the NHS 'whatever it needs' to cope with the virus. Cases of the virus are expected to peak in around two weeks' time.
READ AGAIN: Oxford sellers cash in on coronavirus panic buying
FLOODS: The coronavirus crisis came shortly after floods decimated homes and businesses in the north and Midlands. The Prime Minister came in for intense criticism as he failed to visit affected areas until this week. It's thought that Mr Sunak will use the Budget to announce an increase in spending on flood defences.
READ AGAIN: Botley playfield becomes lake after floods
- POTHOLES: A constant problem on Britain's roads. The chancellor is expected to announce a £2.5billion drive to repair them.
READ AGAIN: Councils say extra cars on roads are causing potholes
READ AGAIN: Meet the volunteers fighting Witney's potholes
- TAMPON TAX: Currently listed as 'luxury' items, a 5% levy currently applies to sanitary products. Minister previously said they couldn't abolish this tax due to being in the European Union. The tax will be abolishsined from Jannuary 1, 2021.
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