Fiscal deficit and Office of Fair Trading: Difference between pages

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''Economics.''
(OFT).  


When a government's total expenditures exceed the revenue that it generates (excluding money from borrowings).
A former UK Government department, which plays a leading role in promoting and protecting consumer interests throughout the UK, while ensuring that businesses are fair and competitive.
 
The work and responsibilities of the OFT have been distributed to a number of other bodies including the Competition and Markets Authority.




== See also ==
== See also ==
* [[Deficit]]
* [[Competition Commission]]

Revision as of 15:37, 12 April 2014

(OFT).

A former UK Government department, which plays a leading role in promoting and protecting consumer interests throughout the UK, while ensuring that businesses are fair and competitive.

The work and responsibilities of the OFT have been distributed to a number of other bodies including the Competition and Markets Authority.


See also