Rachel Reeves has promised to “push ahead with the biggest drive for growth in a generation”, and insisted she would not “lose control of public spending”, as she prepares to deliver the Budget.

The Chancellor is set to deliver her second Budget on Wednesday, when she has warned she will raise taxes to fill a black hole in the public finances.

Ahead of the statement in the House of Commons, Ms Reeves said she would “take the fair and necessary choices to deliver on our promise of change”.

She said: “I will not return Britain back to austerity, nor will I lose control of public spending with reckless borrowing.”

Her three priorities for the Budget would be cutting the cost of living, cutting NHS waiting lists alongside delivering public service reforms, and starting to reduce the cost o

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