By bizn_fun 
It’s Budget daypublished at 04:36 GMT
Emily Atkinson
Live editor
After weeks of speculation, briefings, counter-briefings and about-turns, we’ve arrived at Budget day.
This is Rachel Reeves’s second Budget. Her first – announced in October last year – delivered £40bn-worth of tax rises, the biggest increase since 1993.
This year’s is coming to us later than normal and the delay has only fuelled conjecture about what might be announced.
While we won’t know for sure until that much-awaited moment when she stands up in the Commons, one thing is all but certain: taxes are going up. But which ones?
It had been thought that Reeves would use this Budget to raise income tax rates (and, in so doing, break a promise Labour made in its election manifesto). It appears she’s now backed away from that idea.
Instead, talk has turned to extending a freeze on income tax thresholds, alongside a range of more limited tax-raising measures.
We’ll walk you through all of this in detail over the coming hours, before all becomes clear at 12:30 GMT.
Stay with us for updates, analysis and reaction throughout the day.