Co-payment: A cost-sharing arrangement in which a covered person pays a specific charge for a specified service. For example, an HMO may have a $10 office co-payment for physician office visits, so the employee pays $10 at each doctorâs appointment.
The United Kingdom government austerity programme is a series of sustained reductions in public spending, intended to reduce the welfare state.The cuts have affected welfare and other public institutions. However, the NHS, education and later the defence budget were ringfenced and protected from spending cuts.ts original stated goal was to, achieve cyclically-adjusted current balance by the end of the rolling, five-year forecast period.. At the June 2010 budget, the end of the forecast period was 2015-16. However, in 2014 the Treasury extended the proposed austerity period until at least 2018.
United Kingdom (England, Wales, Scotland and Northern Ireland) Britain is one of the largest countries in terms of people and the economy that is not on the Euro. If you take Euros to the UK you will need to change them in banks. Click here for the British Pound monthly rates history. Britain (or the United Kingdom) is made up of England, Scotland, Northern Ireland and Wales. English Pounds are used throughout the UK but Scotland and Northern Ireland also issue their own notes. These are legal tender but are generally not accepted in England. We sometimes purchase Scottish or Northern Irish Pounds from customers and will resell these to customers going to Scotland or Northern Ireland, but we cannot order them in for customers. The Repubic of Ireland is not part of Britain and uses the Euro. The Currency Exchange keeps a stock of British Pounds (in a range of denominations) so you don't usually need to order them in advance, but that can be a good idea if you are after a larger amount or are travelling at a busy time.