UK

Assisted Area
A UK region made eligible for special government assistance under the state aid rules of the European Commission to encourage investment due to persistently above-average unemployment.
Personal Equity Plan (PEP)
A UK system, established in 1986, allowing tax-free investments in shares and unit trusts.
Minimum Lending Rate
The concept of Minimum Lending Rate (MLR) as used in UK financial policy between 1971 and 1981, and its subsequent replacement by the base rate.
Business Rate
A UK tax on business premises used to finance local authorities, now levied at a uniform national rate.
Chancellor of the Exchequer
The UK's chief finance minister responsible for fiscal policy, budget presentation, and economic oversight.
Customs and Excise
The UK tax authority responsible for collecting indirect taxes, including customs duties, before merging with HM Revenue in 2005 to form HM Revenue and Customs.
Domestic Rates
A UK system of local taxation on householders that operated until 1990.
Economic and Social Research Council
An overview of the Economic and Social Research Council (ESRC), its functions, historical development, and its role within the UK.
Enterprise Investment Scheme (EIS)
A comprehensive exploration of the Enterprise Investment Scheme, a UK initiative to encourage the formation of new small companies through various tax reliefs
Equality and Human Rights Commission
An independent non-departmental UK public body established to eliminate discrimination, reduce inequality, protect human rights, and ensure everyone has a fair chance to participate in society.
Expenditure and Food Survey
A comprehensive survey of household expenditure and food consumption in the UK, operational from 2001 to 2008.
Family Allowance
An overview of the family allowance, a UK welfare benefit offered between 1946 to 1977, which was renamed to child benefit.
Family Expenditure Survey
An overview and comprehensive guide to the Family Expenditure Survey (FES), its history, and its significance in economic data collection.
Housing Association
A detailed overview of housing associations, their role in providing low-cost housing, and their financial structuring.
Housing Benefit
Assistance under the UK social security system for low-income households to cover rented accommodation costs
Individual Savings Account (ISA)
An Individual Savings Account (ISA) is a financial scheme in the UK that allows individuals to save money without paying income tax or capital gains tax.
Local Authority Housing
State-financed housing for rent, provided in the UK through local authorities.
Office for National Statistics (ONS)
The UK government agency responsible for the collection and publication of UK economic statistics.
Office of Telecommunications
Office of Telecommunications (Oftel) - The regulatory body for the UK telephone industry after the privatization of British Telecom.
Pound
Definition and meaning of the term 'Pound' in economics, including its uses and contexts.
Rate Support Grant
A financial mechanism in the UK where central government provided grants to local authorities from 1967 to 1990 to supplement their revenues.
Retail Price Index
This entry describes the Retail Price Index (RPI), focusing on its definition, historical context, and various economic frameworks used to analyze it.
Sterling
Detailed entry on the definition, meaning, and historical context of the term 'Sterling' in economics.
UK Data Service
A comprehensive source of digitized economic and social data provided by the ESRC for research, education, and policy development.
Underlying Rate of Inflation
An overview of the underlying rate of inflation, particularly in the UK context, distinguishing it from the headline rate of inflation.
Unit Trust
A UK system that allows small investors to benefit from diversified portfolios by purchasing units in a trust.
Universal Credit
Universal Credit is a welfare benefit paid in the UK to individuals who are on low incomes or are unemployed.
Working Tax Credit
A UK tax credit paid to low-income workers, designed to supplement wages.