Details coming today in the House.

FT

Jeremy Hunt will on Wednesday announce billions of pounds to boost business investment and measures to bolster Britain’s workforce, including a big expansion in free childcare, in a “Budget for growth”.

The chancellor has pledged that business will be the main beneficiary of any tax cuts in his Budget, but he is constrained by a tough fiscal backdrop and a vow to hold down spending to tame inflation.

One big area of spending will be a £4bn expansion of free childcare for parents of one and two-year-olds in England, a move intended to help parents return to the workplace earlier, government officials said.