A UK government initiative launched in February 2009 to revive bank lending in the wake of the global financial crisis by insuring banks against further losses from toxic assets.
CBI is an organization that lobbies for British business interests, primarily focusing on influencing UK government policies, the European Union, and other international bodies to foster a favorable business environment.
The UK government department responsible for consumer and competition policy, company legislation, employment law, science and research, higher education, and adult learning. Formed in 2009 from the merger of the Department for Business, Enterprise and Regulatory Reform (BERR) and the Department for Innovation, Universities and Skills (DIUS).
A UK government scheme designed to encourage bank lending to smaller enterprises by providing a 75% guarantee on company overdrafts, while the borrower remains liable for 100% of the loan amount. It is available to UK companies with a turnover of no more than £41M.
An influential report on the protection of investors delivered to the UK government in 1984 by Professor Jim Gower, which laid the groundwork for the Financial Services Act 1986.
The UK government department responsible for the country's financial policies and management of the economy. It is run by the Chancellor of the Exchequer.
The National Audit Office (NAO) is the UK's supreme audit institution responsible for scrutinizing public spending on behalf of Parliament.
The Office for Budget Responsibility (OBR) is the independent economic forecasting watchdog established by HM Treasury in May 2010 to provide economic data and analysis for the UK government.
The Office for National Statistics (ONS) is the UK's independent statistical unit responsible for collecting and publishing economic and population statistics. Formed by merging the Central Statistical Office and the Office of Population Censuses and Surveys in 1996, it plays a crucial role in informing government policies and decisions.
The Office of Government Commerce (OGC) was a UK government department established to improve government procurement processes, enhance project management, and deliver efficiency savings across the public sector.
A tax designed to ensure the UK government obtains a share in the profits from oil and gas extraction, primarily focused on activities in the North Sea.
The Public Sector Net Cash Requirement (PSNCR) represents the amount of borrowing needed by the UK government when its expenditure surpasses its income.
An extensive guide on Public-Private Partnerships (PPP), focused on their utilization in the UK, benefits, drawbacks, and examples such as the private-finance initiative (PFI).
A committee led by Sir Francis Sandilands, established in 1975 by the UK Government to explore the appropriate methodologies for accounting the effects of inflation in company financial statements.
UKFI was a limited company established by the UK government to manage its shareholding in banks that received state investment during the financial crisis of 2008.
