So, what's in it?

BUSINESS EDITOR GRAHAM HISCOTT

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CHANCELLOR Rachel Reeves will brandish her red box ahead of a crucial Budget today. Here are some of the secrets confirmed or rumoured to be inside...

INCOME TAX THRESHOLDS

THE biggest single boost to the Treasury's coffers could be extending the freeze on personal tax thresholds for another two years to 2030, raking in £8.3billion a year, the Institute for Fiscal Studies says.

It is known as a stealth tax because as people’s incomes drift upwards, more is taxed at the higher rate, or they exceed the basic rate threshold.

PENSIONS SAVINGS RAID

CURRENTLY, all workers can save up to 100% of their earnings though capped at £60,000 - into a pension and get income tax relief.

Your employer will pay your chosen amount into a pension, along with their own contribution.

They benefit by paying lower National Insurance contributions on your reduced salary and can add this saving to your pension, too.