Jeremy Hunt, the Chancellor of the Exchequer, will deliver his Spring Budget today in front of the House of Commons.
Mr Hunt is expected to announce big changes to the welfare system, with parents on Universal Credit able to access childcare upfront and further support for household energy bills.
There will be many people following the Budget for the first time as they seek to understand the effects on their finances. For those who are new, the Chancellor and the Prime Minister, Rishi Sunak, will join other top ministers for a Cabinet meeting this morning to discuss the Budget plans.