UK Economy

Sterling M3
A former measure of broad money (M3) in the UK, encompassing various monetary components.
Blue Book
A UK government publication providing data on national income and expenditure.
Child Tax Credit
A UK means-tested tax credit paid to eligible families with responsibility for one or more children aged under 16.
Confederation of British Industry
A federation of UK companies, primarily from the manufacturing sector, founded in 1965 that lobbies government and collects information from members on various economic policies and regulations.
Corset
A colloquial name for the Supplementary Special Deposits Scheme in the UK used from 1973 to 1980 to control the growth of bank deposits and interest-bearing eligible liabilities.
Council Tax
A tax levied by UK local authorities on property holders, dependent on property valuation.
General Lifestyle Survey
An in-depth overview of the General Lifestyle Survey (GLF), its history, components, and significance in UK socio-economic data collection.
HM Revenue and Customs
The UK government department responsible for tax collection and welfare payments.
Labour Force Survey
An overview of the Labour Force Survey, its historical background, major frameworks, and comparative analysis.
Mirrlees Review
A comprehensive review of the UK tax system organized by the Institute for Fiscal Studies and chaired by Sir James Mirrlees, offering key recommendations on tax and benefit system reform.
National Institute of Economic and Social Research (NIESR)
National Institute of Economic and Social Research (NIESR) is an independent UK body conducting research on macroeconomic and microeconomic aspects of the economy, known for its quarterly economic forecasts.
North Sea Oil
Oil produced in the North Sea, its impact on UK production, and economic implications.
Pay As You Earn (PAYE)
An overview of the UK system for collecting income tax and National Insurance at the source through employers.
Medium-Term Financial Strategy (MTFS)
Medium-Term Financial Strategy (MTFS) is a policy adopted by the UK government in 1980 aimed at controlling inflation through long-term reductions in government borrowing and money supply growth.