| ACT | Advance Corporation Tax |
| AEF | Aggregate External Finance |
| AGR | Advanced Gas-cooled reactor |
| BCC | British Chambers of Commerce |
| Blue Book | UK national accounts |
| BNFL | British Nuclear Fuels Limited |
| BSE | Bovine Spongiform Encephalopathy |
| CAA | Civil Aviation Authority |
| CAP | Common Agricultural Policy |
| CBI | Confederation of British Industry |
| CGBR | Central Government Borrowing Requirement |
| CGBR(O) | Central Government Own Account Borrowing Requirement |
| CGT | Capital gains tax |
| CTRL | Channel Tunnel Rail Link |
| DBFO | Design, Build, Finance and Operate |
| DCS | Defence Costs Study |
| DFEE | Department for Education and Employment |
| DOE | Department of the Environment |
| DSS | Department of Social Security |
| DTI | Department of Trade and Industry |
| DVLA | Driver and Vehicle Licensing Agency |
| ECGD | Export Credits Guarantee Department |
| ECU | European Currency Unit |
| EEA | European Economic Area |
| EFL | External Financing Limit |
| ERI | Effective exchange rate index |
| EU | European Union |
| FCO | Foreign and Commonwealth Office |
| FE | Further Education |
| FSBR | Financial Statement and Budget Report |
| FT-SE | Financial Times All Share index |
| G3 | Major three industrial countries comprising: US, Japan and Germany |
| G7 | Major seven industrial countries comprising: Canada, France, Italy, Germany, Japan, UK and US |
| G10 | Group of industrial countries comprising: Belgium, Canada, France, Germany, Italy, Japan, Netherlands, Sweden, Switzerland, UK and US |
| GDP | Gross Domestic Product |
| GGE | General Government Expenditure |
| GGE(X) | General Government Expenditure (excluding items described in Annex A of Chapter 5) |
| GGR | General Government Receipts |
| GGBR | General Government Borrowing Requirement |
| GGBR(O) | General Government Own Account Borrowing Requirement |
| GGFD | General Government Financial Deficit |
| GM | Grant maintained |
| HGV | Heavy Goods Vehicle |
| IHT | Inheritance tax |
| IT | Information Technology |
| LABR | Local Authority Borrowing Requirement |
| LASFE | Local authority self-financed expenditure |
| LFS | Labour Force Survey |
| MIPs | Mortgage Interest Payments |
| MOD | Ministry of Defence |
| Money GDP | Gross Domestic Product at current market prices |
| MTFS | Medium-Term Financial Strategy |
| M0 | Narrow measure of money stock |
| M4 | Broad measure of money stock |
| NAIRU | Non-accelerating inflation rate of unemployment |
| NHS | National Health Service |
| NICs | National insurance contributions |
| ODA | Overseas Development Administration |
| OECD | Organisation for Economic Cooperation and Development |
| ONS | Office for National Statistics |
| OPS | Office of Public Service |
| PCBR | Public Corporations Borrowing Requirement |
| PCMOB | Public Corporations' Market and Overseas Borrowing |
| PFI | Private Finance Initiative |
| PH | Property Holding |
| PLG | Private/Light Goods Vehicle |
| PSA | Property Services Agency |
| PSBR | Public Sector Borrowing Requirement |
| PSFD | Public Sector Financial Deficit |
| PWR | Pressurised Water Reactor |
| RPI | Retail Prices Index |
| SDR | Special Drawing Right |
| TSS | Total Standard Spending |
| VAT | Value added tax |
| VED | Vehicle excise duty |
