Postpublished at 14 mins
Chelsea 1-0 Arsenal
Ann-Katrin Berger makes another good save, this time to keep out a low effort from Jordan Nobbs, after the England playmaker's dart in to the box.
Arsenal have responded really well after falling behind.
Use audio icon to listen to Radio 5 live sports extra commentary
FT: Chelsea 2-1 Arsenal
Chelsea win Women's League Cup for first time
Bethany England scores stoppage-time winner after netting early opener
Leah Williamson had brought Arsenal level with five minutes remaining
Arsenal were bidding for sixth League Cup win in nine years
Tom Garry
Chelsea 1-0 Arsenal
Ann-Katrin Berger makes another good save, this time to keep out a low effort from Jordan Nobbs, after the England playmaker's dart in to the box.
Arsenal have responded really well after falling behind.
Chelsea 1-0 Arsenal
Oh wow, we could be in for a cracking final here! Arsenal almost level straight away.
Katie McCabe's excellent cross from the Gunners' left is powered towards goal by Louise Quinn's excellent header but Ann-Katrin Berger makes a super save at her far post to claw the ball away from the line. That was close.
Chelsea 1-0 Arsenal
Eniola Aluko
BBC Radio 5 live sports extra commentator and former Chelsea striker
Everything Bethany England touches turns to gold at the moment.
She is an incredible player and is scoring goal after goal after goal.
Chelsea 1-0 Arsenal
What a season Beth England is having!
Beth England
Chelsea strike first! Beth England has her 20th goal of the campaign as she fires in on the turn from close range after the Gunners didn't clear a deep Chelsea cross from the left.
The Blues are absolutely delighted to get the first goal. Emma Hayes punches the air.
Chelsea 0-0 Arsenal
Chelsea create the first 'proper' chance as Sam Kerr finds the run of Guro Reiten through the middle but the Norwegian's shot is blocked.
#bbcfootball
As ever, you can have your say on the action via #bbcfootball on social media.
Chelsea 0-0 Arsenal
Chelsea clear that Arsenal corner at their near post.
But the Gunners have grabbed ever-so-slightly the most of the possession in these very early stages.
Chelsea 0-0 Arsenal
Eniola Aluko
BBC Radio 5 live sports extra commentator and former Chelsea striker
Chelsea have never won the Conti Cup so that will be a huge motivation.
They are both quite tactical teams – no one is going to throw that heavy punch in that first 10 minutes. So far it’s quite equal.
Chelsea 0-0 Arsenal
The fans have been given clapperboards and they're providing a noisy soundtrack to the early stages here.
Arsenal have forced the game's first corner.
Chelsea 0-0 Arsenal
Chelsea's Sam Kerr gets in behind the Arsenal defence with a clever flick but her shot, from a tough angle wide on the left, is held.
Chelsea 0-0 Arsenal
The Gunners, in their traditional red and white kit, kick this final off.
Chelsea are in their usual blue shirts, blue shorts and white socks.
Chelsea v Arsenal (17:30 GMT)
Both teams gather for one last motivational huddle... Here we go...
Chelsea v Arsenal (17:30 GMT)
The national anthem was loud and proud. There's a relatively sizeable turnout here - higher than anticipated - and I'd expect it will surpass this final's previous record of 5,028 fairly comfortably.
Chelsea v Arsenal (17:30 GMT)
You can listen to full radio commentary of this match live on BBC Radio 5 live sports extra right now, or via the play icon at the top of this page... Enjoy!
Chelsea v Arsenal (17:30 GMT)
Arsenal and England midfielder Jordan Nobbs told BBC Radio 5 live sports extra:
"We're two top teams that, on our day, can beat some of the best teams in the world, so it's about performing under pressure and making sure we do that every time.
"Winning trophies is what we want to do for this club.
"The Continental Cup is one we always like to take home so it's going to be another game where it's an exciting time for the club to perform in a final and we're going out there to win it."
Chelsea v Arsenal (17:30 GMT)
Here come the players at The City Ground! Flames jet out of boxes on the far side of the field as they walk on to the pitch.
The Continental League Cup trophy shines by the touchline.
Chelsea v Arsenal (17:30 GMT)
Andrew Aloia
BBC Sport at the City Ground
The match programme makes for essential reading on occasions like this, and today there are two very different messages from the managers.
Arsenal boss Joe Montemurro talks of how special the Women’s League Cup is to the Gunners. And as record five-time winners, it would be.
As for Chelsea manager Emma Hayes, she talks of the delight of finally getting to the decider! Considering Chelsea’s place as a giant of English women’s football in recent years, it is staggering to think that this is their first League Cup final!
Chelsea v Arsenal (17:30 GMT)
Success today could be the first of many cup wins this term for whichever side comes out on top.
European quarter-finalists Arsenal can still lift four trophies this season, while Chelsea could win a domestic treble.
The Blues - who are unbeaten in the league this season - have not lost a competitive game in normal time since facing Women's Champions League winners Lyon last April.
Chelsea v Arsenal (17:30 GMT)
Of the previous eight Women's League Cup finals, Arsenal have contested seven - and won five (2011-13, 2015, 2018).
That's a pretty enviable record in a competition the Gunners have very much made their own.
Perhaps just as remarkably, today's game marks Chelsea's first League Cup final appearance - quite amazing considering they have been perennial challengers for every other trophy in recent times.