Sky News' political editor Beth Rigby says backbench demands for tax cuts will not be granted, as Jeremy Hunt focuses on getting the economy back on track.
But there is pressure, and lots of it, from voters and from the Tory backbenchers to do more on tax cuts and cost-of-living now, not tomorrow.last month, after it emerged that in the year to January, the public sector had borrowed less than forecast in November by the UK's official fiscal watchdog.
"I can't afford to work full time anymore," she told us."It's not feasible for our family, so I've had to rope my mum in to do childcare.Please use Chrome browser for a more accessible video playerFood bills were also a concern, with voters saying they'd switched to cheaper supermarkets and cut back in the face of galloping food price inflation.
On the first part of that, the government is expected to extend the £2,500 energy price guarantee for another three months from April to give people support on their bills.When it comes to childcare, the chancellor is expected to change rules so that parents on Universal Credit are given more childcare and given the funding upfront.
And when it comes to the most obvious way of helping people manage their bills - wage packets - the government is standing firm, with Treasury insiders insisting there will be no above inflation pay sector awards."We haven't got £30bn to cut taxes," is how one government insider put it to me, in a nod to the boost from revised public finances.
To that end, the chancellor is expected to raise the lifetime allowance for pension savings from £1m to an expected £1.8m - a record level - in order to try to incentivise doctors and other professionals out of retirement and back into work.It's a package that could cost £2bn a year and would be much welcomed by higher earners, but also opens the chancellor up to criticism that he is giving a tax break to the rich while offering nothing to basic rate taxpayers.
Watch too for policies and reforms targeting certain industries and sectors, from artificial intelligence to green energy and advanced manufacturing: all of it will be framed as the government's long-term plan for growth.Rishi Sunak and Jeremy Hunt will be hoping to reassure people they are making the right choices for the UK economy.
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