Chancellor Rishi Sunak is delivering his Spending Review in the House of Commons, laying bare the damage done by coronavirus to the economy and public finances.

The Chancellor was expected to pump billions more of taxpayers’ money into efforts to support jobs and help the health service cope with the impact of the pandemic.

Ahead of the speech, Downing Street admitted official forecasts from spending watchdog the Office for Budget Responsibility (OBR) make a “sobering read”.

The OBR had previously estimated the Government will borrow £372.2 billion in 2020-21.

Here’s the latest from Westminster:

12.45pm

Chancellor Rishi Sunak has risen to deliver his Spending Review.

12.25pm

12.15pm

12pm

Ahead of the speech, former Labour leader Jeremy Corbyn joined a number of the party’s MPs in writing a letter to the Chancellor about statutory sick pay, despite the fact he is now an independent.

Mr Corbyn recently had the party whip removed by successor Sir Keir Starmer over his response to a report in to anti-Semitism.

11.50am

11.30am