The Chancellor's red box has become an iconic sight over the decades, though often not a welcome one.
With it comes the announcement of a new Budget, showing to the British public what the government will be spending money on each financial year.
The new Chancellor of the Exchequer of Liz Truss ’s rejigged parliament, Kwasi Kwarteng, has stepped out from 11 Downing Street to deliver his first Mini-Budget this morning.