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.
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 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 of Government Commerce (OGC) was an office of HM Treasury responsible for improving the efficiency and effectiveness of government departments and other public sector organizations by delivering best value for money. OGC issued standards on best practices in procurement, project management, and service management, and measured performance against these standards.
