Growth forecasts and the Chancellor's plan for shoring up the public finances will be among City's talking points when Rishi Sunak delivers his budget and three-year spending review today.
Even though the latest borrowing figures for September were better than had been forecast in March, economists still expect Sunak to unveil some stringent fiscal rules to ensure the country's debt-to-GDP ratio is on a downward trajectory.
Just before the Chancellor stands up at 12.30, GlaxoSmithKline is due deliver its third quarter trading update while traders will be watching BT Group shares closely after takeover speculation yesterday lifted the company's beleaguered price.
