LIST OF ABBREVIATIONS AEI Average Earnings Index AME Annually Managed Expenditure APPs Appropriate personal pensions BAA British Agrochemicals Association BCC British Chamber of Commerce BCS British Crime Survey CAT Charges Access Terms CBI Confederation of British Industry CCL Climate change levy CED Consumers' expenditure deflator CFCs Controlled Foreign Companies CGT Capital Gains Tax CHP Combined Heat and Power CMF Capital Modernisation Fund COMPS Contracted-out money purchase schemes COSRS Contracted-out salary related schemes CSR Comprehensive Spending Review DEL Departmental Expenditure Limits DETR Department of the Environment, Transport and the Regions DfEE Department for Education and Employment 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). GDP Gross Domestic Product HEES Home Energy Efficiency Scheme HICP Harmonised Index of Consumer Prices HIPC Heavily Indebted Poor Countries HRA Human Rights Act ICC Integrated Child Credit ICT Information and Communications Technology ICTA Income and Corporation Tax Act IFS Institute for Fiscal Studies IIP Investors in People 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 LPG Liquefied Petroleum Gas MA Maternity Allowance MCA Married Couple's Allowance MCT Mainstream corporation tax MDR Marginal Deduction Rate 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 NOx Nitrogen Oxides OECD Organisation for Economic Cooperation and Development OFT Office of Fair Trading OFTEL Office of Telecommunications OGC Office of Government Commerce OLS Overseas Labour Service ONS Office for National Statistics PAT Policy Action Team PAYE Pay As You Earn PBR Pre-Budget Report PEP Personal Equity Plan PFI Private Finance Initiative PPC Pollution Prevention and Control 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 SBS Small Business Service SEE Small Earnings Exception SERPS State Earnings Related Pensions Scheme SEU Social Exclusion Unit SME Small and medium-sized enterprise SMP Statutory Maternity Pay 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 US United States of America VAT Value Added Tax VCTs Venture Capital Trusts VED Vehicle Excise Duty VOCs Volatile Organic Compounds WFTC Working Families' Tax Credit WTAS Windfall Tax and Associated Spending

Prepared 21st March 2000