The Chancellor is expected to tell MPs on Wednesday that the UK economy is healing but also enforce a new round of cutbacks in the Whitehall budget.
Britain is moving from rescue to recovery. But while the British economy is leaving intensive care; now we need to secure that recovery.
Full recovery won't be easy but I won't let up in my determination to put right what went so badly wrong. We are already making progress: the economy is growing, more than a million new jobs have been created by British businesses and the amount the government has to borrow each year - the deficit - is down by one third.
But there's more we have to do - it's time for the next stage of our economic plan.
We're saving money on welfare and waste to invest in the roads and railways, schooling and science our economy needs to succeed in the future.
I know that times are still not easy for families. But we have a clear economic plan. We've stuck to it. It is working. And I'm determined to go on delivering it.
Now, together, we're moving Britain from rescue to recovery let's build an economy that works for everyone.
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After Roy Hodgson's resignation following England's humiliating exit from Euro 2016, who are the leading contenders to replace him?
The beleaguered Labour Party leader is clinging onto power in the face of as many as 150 MPs voting to remove him from the top job today.
Mr Osborne said he is "not the person to provide the unity my party needs".