Preparing Britain for its departure from the European Union and support younger people are expected to be key themes in the speech, which will take place at around 12.30 after Prime Minister’s questions.
The chancellor is looking to take a balanced approach between policies that invest in the long-term future of the economy, while also targeting support for families across the country.
Bright future for Britain
The chancellor is expected to say: “In this Budget, we express our resolve to look forwards, to embrace change, to meet our challenges head on, and to seize the opportunities for Britain.
“Because for the first time in decades, Britain is genuinely at the forefront of a technological revolution, not just in our universities and research institutes, but this time in the commercial development labs of our great companies and on the factory floors and business parks across the land.
“So we must invest to secure a bright future for Britain, and at this Budget that is what we choose to do.”
As part of his vision for a Global Britain, he will say: “A prosperous and inclusive economy where everybody has the opportunity to shine wherever in the UK they live, whatever their background.”
“An outward looking, free-trading nation, a force for good in the world, a country fit for the future.”