A-Z Glossary - terms, acronyms and key players in the debate
A
- Austerity
Austerity, a difficult economic situation caused by a government reducing the amount of money it spends, Cambridge Dictionary
Austerity, otherwise known as balancing the budget, is a political-economic term referring to policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. Austerity measures are used by governments that find it difficult to pay their debts. Wikipedia
B
- Bean, Charlie
Professor Sir Charlie Bean, Managing Executive of Office for Budget Responsibility (OBR)
- Brexit
Brexit, a journalistic construct (approx circa 2012) comprising BR from Britain, and EXIT, as in Exiting from the European Union
The withdrawal of the United Kingdom from the European Union, English Oxford Living Dictionaries
C
- Chote, Robert
Robert Chote, Chairman of Office for Budget Responsibility (OBR)
K
- King, Andrew
Andy King, Budget Responsibility Executive Committee Member of Office for Budget Responsibility (OBR)