#Budget - Mr Osborne will see you now...

Published 18th Mar 2015

Will it be 50 Shades of Dismay from the Chancellor's Budget?

We'll soon be finding out what exactly is in his red room, well his red briefcase.

As ever we want your reaction, you can tweet us @TFMRadioNews.

Business Sexretary Vince Cable says there'll be no "spectacular giveaway" and today's Budget is a "joing effort" between the Tories and Lib Dems.

He's warned voters they shouldn't be expecting any pre-election gifts.

Osborne is expected to include a number of measures to benefit the "regions" and has long said he wants to create a "northern power house".

Income tax is expected to be one of the central measures and Osborne is widely tipped to raise the level at which people start to pay income tax to £11,000 in April.

He should also announce plans to scrap the annual tax return - affecting more than 12 million professionals. It will be replaced with a "real-time" digital system which will reduce the time it takes to do returns from 40 minutes to 10 minutes.

Around five million pensioners with existing annuities will be given the right to cash them in from next year.

Businesses will also hope to see announcements on passenger air duty, reductions in charges on North Sea energy firms and measures to encourage research and development.

We'll find out soon enough, and once we do, give us a tweet.