| AEI | Average Earnings Index |
| AESOP | All-Employee Share Ownership Plan |
| AME | Annually Managed Expenditure |
| APPs | Appropriate personal pensions |
| BCC | British Chamber of Commerce |
| BCS | British Crime Survey |
| CAT | Charges Access Terms |
| CBI | Confederation of British Industry |
| CED | Consumers' expenditure deflator |
| CFCs | Controlled Foreign Companies |
| CGT | Capital gains tax |
| CITC | Community Investment Tax Credit |
| CMF | Capital Modernisation Fund |
| CO2 | Carbon Dioxide |
| COMPS | Contracted-out money purchase schemes |
| COSRS | Contracted-out salary related schemes |
| CPA | Crop Protection Association |
| CSR | Comprehensive Spending Review |
| DEL | Departmental Expenditure Limits |
| DETR | Department of the Environment, Transport and the Regions |
| DfEE | Department for Education and Employment |
| DGFT | Director General of Fair Trading |
| DIS | Departmental Investment Strategy |
| DLA | Disability Living Allowance |
| DPTC | Disabled Person's Tax Credit |
| DTI | Department of Trade and Industry |
| DVLA | Driver and Vehicle Licensing Agency |
| DWA | Disability Working Allowance |
| EAC | Environmental Audit Committee |
| EA(PC) | Cabinet Committee on Productivity and Competitiveness |
| EC | European Commission |
| EEA | European Economic Area |
| EFSR | Economic and Fiscal Strategy Report |
| EIS | Enterprise Investment Scheme |
| EMA | Education Maintenance Allowance |
| EMIs | Enterprise Management Incentives |
| EMU | Economic and Monetary Union |
| ES | Employment Service |
| ESA79 | European Systems of Accounts 1979 |
| ESA95 | European Systems of Accounts 1995 |
| ETG | Emissions Trading Group |
| ETC | Employment Tax Credit |
| EU | European Union |
| FE | Further education |
| FEFC | Further Education Funding Council |
| FRES | Federation of Recruitment and Employment Services |
| FSA | Financial Services Authority |
| FSMB | Financial Services and Markets Bill |
| FSBR | Financial Statement and Budget Report |
| G5 | Group of Five. A group of five major industrial nations (comprising: France, Germany, Japan, UK and US). |
| G7 | Group of Seven. A group of seven major industrial nations (comprising: Canada, France, Germany, Italy, Japan, UK and US). |
| GCSE | General Certificate of Secondary Education |
| GDI | Gasoline Direct Injection |
| GDP | Gross Domestic Product |
| g/km | grams per kilometre |
| HEES | Home Energy Efficiency Scheme |
| HEROBC | Higher Education Reach Out to Business and the Community |
| HICP | Harmonised Index of Consumer Prices |
| HIPC | Heavily Indebted Poor Countries |
| HIV/AIDS | Human Immunodeficiency Virus/Acquired Immunodeficiency Syndrome |
| HRA | Human Rights Act |
| ICC | Integrated Child Credit |
| ICT | Information and communications technologies |
| ICTA | Income and Corporation Tax Act |
| IDA | Individual Development Account |
| IFS | Institute for Fiscal Studies |
| IIP | Investors in People |
| ILA | Individual Learning Account |
| ILO | International Labour Organisation |
| IMF | International Monetary Fund |
| IPPC | Integrated Pollution and Prevention Control |
| IPRs | Intellectual Property Rights |
| IRB | Income Related Benefits |
| IRU | Indefeasible Right of Use |
| ISMI | Income Support for Mortgage Interest |
| ISA | Individual Savings Account |
| IT | Information Technology |
| ITCE | Information Technology and Communication Engineers |
| JSA | Jobseekers' Allowance |
| LEL | Lower earnings limit |
| LFS | Labour Force Survey |
| LLP | Limited Liability Partnership |
| LPG | Liquefied Petroleum Gas |
| LSP | Local Strategic Partnership |
| LRP | Lead Replacement Petrol |
| MA | Maternity Allowance |
| MCA | Married Couple's Allowance |
| MCT | Mainstream corporation tax |
| MDR | Marginal Deduction Rate |
| MFR | Minimum Funding Requirement |
| MIG | Minimum Income Guarantee |
| MIT | Massachusetts Institute of Technology |
| MIRAS | Mortgage Interest Relief at Source |
| MPC | Monetary Policy Committee |
| MtC | Million tonnes of carbon |
| NAIRU | Non-accelerating inflation rate of unemployment |
| NAO | National Audit Office |
| NAR | National Asset Register |
| NDLP | New Deal for Lone Parents |
| NESI | New Enterprise Support Initiative |
| NFC | Non-financial company |
| NHS | National Health Service |
| NICs | National Insurance Contributions |
| NIESR | National Institute of Economic and Social Research |
| NOx | Nitrogen Oxides |
| OECD | Organisation for Economic Cooperation and Development |
| OFGEM | Office of Gas Electricity Markets |
| OFT | Office of Fair Trading |
| OFTEL | Office of Telecommunications |
| OGC | Office of Government Commerce |
| OLS | Overseas Labour Service |
| ONS | Office for National Statistics |
| OPEC | Organisation of Petroleum Exporting Countries |
| OPRA | Occupational Pensions Regulatory Authority |
| PAT | Policy Action Team |
| PAYE | Pay As You Earn |
| PBR | Pre-Budget Report |
| PEP | Personal Equity Plan |
| PFI | Private Finance Initiative |
| PNFC | Private non-financial corporation |
| PPC | Pollution Prevention and Control |
| PPG3 | Policy Planning Guidelines (3) |
| PPI | Pooled Pension Investment |
| PPPs | Public Private Partnerships |
| PRT | Petroleum Revenue Tax |
| PSA | Public Service Agreement |
| PSNB | Public sector net borrowing |
| PT | Primary threshold |
| PUK | Partnerships UK |
| RAB | Resource Accounting and Budgeting |
| R&D | Research and Development |
| RDAs | Regional Development Agencies |
| RPI | Retail Prices Index |
| RPIX | Retail Prices Index excluding mortgage interest payments |
| RSLs | Registered Social Landlords |
| SBIT | Small Business Investment Task-force |
| SBRI | Small Business Research Initiative |
| SBS | Small Business Service |
| SDA | Service Delivery Agreement |
| SEE | Small Earnings Exception |
| SERPS | State Earnings Related Pensions Scheme |
| SEU | Social Exclusion Unit |
| SIT | Social Investment Taskforce |
| SME | Small and medium-sized enterprise |
| SMP | Statutory Maternity Pay |
| SNA | System of National Accounts |
| SRA | Strategic Rail Authority |
| TESSA | Tax Exempt Special Savings Account |
| TME | Total Managed Expenditure |
| TTWA | Travel To Work Area |
| UEL | Upper earnings limit |
| UfI | University for Industry |
| UK | United Kingdom |
| ULSD | Ultra Low Sulphur Diesel |
| ULSP | Ultra Low Sulphur Petrol |
| URC | Urban Regeneration Companies |
| US | United States of America |
| VAT | Value Added Tax |
| VCTs | Venture Capital Trusts |
| VDP | Vaccine Damage Payment |
| VED | Vehicle Excise Duty |
| VOCs | Volatile Organic Compounds |
| WFTC | Working Families' Tax Credit |
| WRAP | Waste and Resources Action Programme |
| WTAS | Windfall Tax and Associated Spending |
