Business Update: UK strikes – answers
true/false
- These civil servants walked out of their offices. T: ‘walked off the job’
- They are on strike for higher pay. F: the strike is over redundancy pay
- An election in the UK is happening in a few weeks. T: ‘only weeks away’
- The man interviewed is discussing ‘crude rights’. F: ‘accrued rights’
- Portugal is to reduce spending by only a small amount. F: a lot, ‘dramatically reduce’ spending
- Portugal’s deficit is growing. T: ‘a ballooning’ budget deficit
- Kraft may have mislead investors and employees in its takeover of Cadbury. T: an investigation is taking place
- The insurer, Prudential, is taking time over its plans to list shares on the Hong Kong stock exchange.F: it will speed this up
- Its $2.1 billion rights issue has been welcomed. T
- Investors are confident that EADS will not make a significant loss. F: they are expecting a large loss
- The new military transport plane is causing problems for EADS. T: ‘weighed down’ by this much-delayed and over-budget project
- Pharmaceutical companies helped to push European share prices down. T: These companies ‘weighed on’ markets to push the prices down