The speech is recognised as a pre-Budget speech and will set out Mr Osborne's plans for the economy based on forecasts from the Office for Budget Responsibility.
Financial Planner will be covering the announcements on its website and tweeting live on our feed @FPM_Online from 12.30pm. It will also give a summary of the key announcements and comments from leading experts in the financial services industry.
It will also be speaking to staff at the Institute of Financial Planning for comments on which announcements will most affect Financial Planners and their clients.
{desktop}{/desktop}{mobile}{/mobile}
There has been speculation on what the Chancellor will announce including a cut to annual allowance for pension contributions from £50,000 to £40,000. This has been commented on by many experts in past few days with claims that it will not only hit the wealthiest but also many middle-income earners.
There is also the possibility of a removal of the lifetime allowance for pensions from £1.5m to £1m, further changes to higher rate tax relief and changes to council tax bands to ensure fairer valuations of properties. This latter proposal would be similar to deputy Prime Minister Nick Clegg's proposal for a mansion tax earlier this year.
Check Financial Planner today and tomorrow for pre-coverage of the statement, live coverage and industry comment.

• Want to receive a free weekly summary of the best news stories from our website? Just go to home page and submit your name and email address. If you are already logged in you will need to log out to see the e-newsletter sign up. You can then log in again.