The Government's spending cuts are not being made for their own sake but are instead based on "values", David Cameron is expected to say.
In speech later, the Prime Minister will say the Coalition's austerity programme is designed to "give people a sense of economic security and peace of mind".
He said that security came from "having more money in our pockets", saying "every efficiency" found could help provide "a bit of extra cash" for hard-pressed families.
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World record setting climber Ueli Steck - known for his speed at scaling mountainous terrain - has died in an accident near Mount Everest.
John McDonnell says voters can expect to see "no increases in income tax for middle or low earners" in Labour's election manifesto.
The prime minister has confirmed the Conservative government will not increase VAT if they win the General Election on June 8.