Section outline

  • Highlighted
    • Read the article from UK's newspaper The Independent and answer the following questions in writing:

      1. What caused Carillion's collapse?

      2. Why did banks refuse to restructure Carillion's debt?

      3. What is the difference between administration and straight liquidation?

    • These resources come from Absolute Finanacial English by Julie Pratten, Delta Publishing

    • In the ensloced file, you will find information needed to prepare and participate in a meeting aimed at rescuing Carillion.

      The outcome of the meeting is unpredictable, but each participant must take up a role and prepare to make a strong case around his/her role.

      The language of meetings must be used.

      The activity can bring you 15 points.