Chancellor Philip Hammond has revealed to ministers the main themes of Wednesday's Spring Budget.
The Budget is intended to help young people get the skills they need to perform high-skilled and high-paid jobs in future, and give more children the opportunity to go to a good or outstanding school.
Another key theme is to bring down the deficit so the country can "get back to living within its means".
Mr Hammond said the UK economy had continued to show evidence of "fundamental robustness and resilience", but warned further austerity measures are on the cards with deficit and debt "too high".
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Assembly Members have voted to back the Wales Bill in today's Assembly vote. The vote was 38-17 in favour of the bill.
The Assembly's right to rename itself a parliament is one of the powers unambiguously given to Cardiff Bay by the Wales Bill.
The main concern of Plaid Cymru - and many in Labour who've agreed to swallow their doubts - is that because law and justice won't be devolved, the Assembly's ability to legislate will be curtailed.
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Labour AMs have agreed to back the UK Government's Wales Bill when it's debated in the Senedd today.
Although the bill includes significant new powers for the Assembly, the Welsh Government has argued that it also gives ministers at Westminster new opportunities to curtail devolution.
The UK Government had made it clear that it would not over-ride the Assembly if it refused legislative consent for the Wales Bill to be passed. It also said that a new deal with the Treasury on how the Welsh Government is funded would be dropped if the bill did not go ahead.
The decision to back the bill was taken at a meeting of the Assembly Labour group on Monday evening.
As the Conservatives are also committed to supporting the UK Government's legislation, it now seems certain to pass when the vote's taken in the Senedd tomorrow.
As the party who delivered devolution for Wales we have rightly adopted a challenging, but responsible approach towards the passage of the Wales Bill.
This is not the Bill we would have developed and it is not the Bill that Wales deserves. However, on balance this legislation will give the country more constitutional certainty and the fiscal framework in particular represents a real step forward.
After a considered debate, the Labour Group has decided to vote in favour of allowing the UK Government to proceed.
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