PM says cap on bus fares will be extended and raised to £3 and there will be more cash to help people back into work

Jeremy Corbyn and the independent alliance of MPs have issued a letter ahead of the budget with five things they are asking Chancellor Rachel Reeves to implement.

Saying “We have the means to end poverty, we just need the political will”, Corbyn listed five priorities:

Scrap the two-child benefits cap

Reverse cuts to winter fuel

Tax wealth

Protect welfare

Invest in a greener future

It is a national scandal that 4.2 million children and 2.1 million pensioners are living in poverty in the sixth richest country in the world.

You have previously told the British public to prepare for “difficult decisions” to repair this nation’s finances.