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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.