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4.7. Write suitable endings for the following sentences.

a. They decided to back out of buying the house when they found out...

b. She took over the company because...

c. The plan to build a new tunnel fell through because...

d. The new fashion didn’t catch on because...

e. Sales started to pick up after...

f. Two hundred workers were laid off because...

g. The number of people who want to become nurses is falling off because...

h. Scientists have come up with an idea for...

i. The company took me on when I told them...

4.8. Look at the multi-word verbs and work out the meaning of the nouns below. Then use them to complete the newspaper headlines.

turnover downturn takeover upturn

Economic news in brief

a. ______ IN ECONOMY WILL INCREASE UNEMPLOYMENT

b. SWEET MANUFACTURER MAKES ________ BID FOR RIVAL COMPANY

c. COMPANY'S ANNUAL _________ RISES BY £30M

d. OPTIMISTIC CHANCELLOR PREDICTS __________ IN ECONOMY

4.9. Idiomatic expressions. Listen to the recording again. Find the expressions which mean the following.

a. to begin something badly

b. to sell quickly to many eager customers

c. to start from zero or with nothing

d. to be ruined financially

e. to keep out of debt or difficulty

4.10. Using the expressions you found above, what would you say in the following situations?

  1. There is an economic recession and you think that a lot of companies will go out of business.

  2. You are a supporter of a football club. At the beginning of the football season the team lost all their matches.

  3. An engineer designs a new type of engine but then finds it doesn't work. He decides to start again with a completely different design.

  4. The company you work for is only just managing to avoid financial difficulties.

  5. Your friend has written a novel and it has become very popular. Everyone is buying it.

  • Now think of further examples using some of these expressions. For example, can you think of something that is selling extremely well at the moment? Can you think of something that started very badly?

4.11. Role-play. Work in pairs. One of you is the Director of a fashion company, the other is a fashion designer. Read the notes for your role below, and spend some time thinking about what you will say, and the multi-word verbs and expressions you could use in the role-play. Then act out the conversation with your partner.

Director of fashion company

Your company is not doing well at the moment and you are worried it may go bankrupt. Tell your fashion designer about the latest sales figures, the economic recession, the failure of recent projects, and the need to reduce the number of staff. Find out if he/she has any ideas for helping to save the company.

Fashion designer

You work for a fashion company. The Director has asked to see you about the bad financial position of the company. Try to think of positive things to say about the company, the economy, and your new ideas. Try to think of solutions to the problems the company is facing.