In her Spring Forecast, the Chancellor will set out how the Government has the right economic plan for Britain, by cutting the cost of living, cutting borrowing and growing the economy to build a strong and secure economy.

She will stress the importance of ensuring stability in our economy in an increasingly uncertain world. Reflecting on the decisions the Government has taken, Reeves will point to already falling inflation and interest rate cuts which are easing the cost of living pressures on family finances.

Speaking in parliament later today, the Chancellor will say: “This government has the right economic plan for our country … in a world in that has become yet more uncertain.

“Stability in the public finances, investment in infrastructure and reform to our economy. Building growth not on the contribution of a few people or a few parts of the country, but in every part of Britain with a state that doesn’t stand back but steps up." 

She will go on to say: “Because of the decisions we have already taken, we have a stronger and more secure economy. Inflation and interest rates falling.

“And in every part of Britain, working people are better off.”