| ABI |
Association of British Insurers |
| ALSF |
Aggregates Levy Sustainability Fund |
| AME |
Annually Managed Expenditure |
| APD |
Air passenger duty |
| BCC |
British Chambers of Commerce |
| BID |
Business Improvement District |
| BPZ |
Business Planning Zone |
| BRC |
British Retail Consortium |
| CABE |
Commission for Architecture and the Built Environment |
| CBI |
Confederation of British Industry |
| CCL |
Climate change levy |
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| CEML |
Council for Excellence in Management and Leadership |
| CEO |
Chief Executive Officer |
| CGAA |
Coordinating Group on Audit and Accounting Issues |
| CGNCR |
Central government net cash requirement |
| CGT |
Capital gains tax |
| CNG |
Compressed Natural Gas |
| CHAI |
Commission for Healthcare Audit and Inspection |
| CITC |
Community Investment Tax Credit |
| CPA |
Comprehensive Performance Assessment |
| CTF |
Child Trust Fund |
| DEFRA |
Department for Environment, Food and Rural Affairs |
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| DEL |
Departmental Expenditure Limit |
| DfES |
Department for Education and Skills |
| DfID |
Department for International Development |
| DFT |
Department for Transport |
| DIS |
Departmental Investment Strategy |
| DPTC |
Disabled Person's Tax Credit |
| DTI |
Department of Trade and Industry |
| DTLR |
Department for Transport, Local Government and the Regions |
| DVLA |
Driver and Vehicle Licensing Agency |
| ECA |
Enhanced capital allowance |
| EEF |
Engineering Employers' Federation |
| ELCI |
Employers' Liability Compulsory Insurance |
| EMA |
Education Maintenance Allowance |
| EMU |
Economic and Monetary Union |
| ETS |
Emissions Trading Scheme |
| EU |
European Union |
| EYF |
End-year flexibility |
| FSA |
Financial Services Authority |
| G7 |
Group of Seven. A group of seven major industrial countries (comprising: Canada, France, Germany, Italy, Japan, UK and US). |
| GAD |
Government Actuary's Department |
| GCSE |
General Certificate of Secondary Education |
| GDP |
Gross domestic product |
| HEIF |
Higher Education Innovation Fund |
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| HICP |
Harmonised index of consumer prices |
| HIPC |
Heavily Indebted Poor Countries |
| HIV/AIDS |
Human Immunodeficiency Virus/Acquired Immunodeficiency Syndrome |
| ICT |
Information and communications technologies |
| IFF |
International Financing Facility |
| ILO |
International Labour Organisation |
| IMF |
International Monetary Fund |
| ISA |
Individual Savings Account |
| JRRP |
Job Retention and Rehabilitation Pilot |
| LCD |
Lord Chancellor's Department |
| LEA |
Local Education Authority |
| LFE |
Locally-financed expenditure |
| LIG |
Leadership Investment Grant |
| LFS |
Labour Force Survey |
| LPG |
Liquefied petroleum gas |
| LSC |
Learning and Skills Council |
| LSP |
Local Strategic Partnership |
| LTCS |
Landfill Tax Credit Scheme |
| MA |
Modern Apprenticeship |
| MDGs |
Millennium Development Goals |
| MIG |
Minimum Income Guarantee |
| MPC |
Monetary Policy Committee |
| MtC |
Million tonnes of carbon |
| NAO |
National Audit Office |
| NDDP |
New Deal for disabled people |
| NDLP |
New Deal for lone parents |
| NDYP |
New Deal for young people |
| ND25+ |
New Deal for those aged 25 and over |
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| ND50+ |
New Deal for the over 50s |
| NHS |
National Health Service |
| NICs |
National insurance contributions |
| NIESR |
National Institute of Economic and Social Research |
| NVQ |
National Vocational Qualification |
| ODPM |
Office of the Deputy Prime Minister |
| OECD |
Organisation for Economic Cooperation and Development |
| OFSTED |
Office for Standards in Education |
| OFT |
Office of Fair Trading |
| OGC |
Office of Government Commerce |
| ONS |
Office for National Statistics |
| OPEC |
Organisation of Petroleum Exporting Countries |
| PAYE |
Pay as You Earn |
| PBR |
Pre-Budget Report |
| PCT |
Primary Care Trust |
| PFI |
Private Finance Initiative |
| PPP |
Public Private Partnership |
| PSA |
Public Service Agreement |
| PSNB |
Public sector net borrowing |
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| PSNI |
Public sector net investment |
| RAB |
Resource accounting and budgeting |
| R&D |
Research and development |
| RDA |
Regional Development Agency |
| RPIX |
Retail Price Index excluding mortgage interest payments |
| SBS |
Small Business Service |
| SCI |
Street Crime Initiative |
| SME |
Small and medium-sized enterprise |
| SMP |
Statutory Maternity Pay |
| SRO |
Scientific research organisation |
| SSG |
School Standards Grant |
| TME |
Total Managed Expenditure |
| TUC |
Trades Union Congress |
| ULSD |
Ultra-low sulphur diesel |
| ULSP |
Ultra-low sulphur petrol |
| UN |
United Nations |
| URC |
Urban Regeneration Company |
| VAT |
Value added tax |
| VED |
Vehicle excise duty |
| WFTC |
Working Families' Tax Credit |
| WTAS |
Windfall Tax and associated spending |
