PSNCR
Abbreviation for Public Sector Net Cash Requirement; a measure of the UK government's borrowing requirement, the difference between what the government spends and what it receives in taxes. The market watches the PSNCR closely because it reflects actual cash flows each month.
See also: http://www.statistics.gov.uk/StatBase/Analysis.asp?vlnk=104&Pos=&ColRank=1&Rank=768