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Britain - The economy and everyday life


Klausimas #1


Who or what is the old lady of Threadneedle Street?

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Klausimas #2


Which of these would it not be acceptable to write on a British bank document?

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Klausimas #3


If you buy 12oz of cheese, about how much do you have?

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Klausimas #4


What is the biggest supermarket chain in Britain?

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Klausimas #5


Which of the following is not a well-known high street bank in Britain?

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Klausimas #6


When people talk about 'the City', what aspect of London are they referring to?

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Klausimas #7


By what name is the area in town where most of the shops are concentrated known?

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Klausimas #8


Put the clauses below in the correct order to complete a paragraph.

The first sentence is given.

 

Since 1970, the distribution of wealth in Britain has changed.



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Klausimas #9


Match British words and phrases

Find the word or phrase which is used to mean or describe:



1    the tax added to the price of something you buy ... ... PAYE (Pay As You Earn)
2    the system whereby income tax is deducted from your pay before you get it ... ... LSD (pounds, shillings, pence)
3    the system of money used in Britain until 1971 ... ... privatization
4    the process of turning state-owned companies into companies owned by individual members of the public ... ... VAT (Value Added Tax)
5    public organizations whose job is to monitor and regulate the behaviour of certain companies (e.g. utility companies and telecommunications companies) ... ... watchdog organizations (or bodies)
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Klausimas #10


Fill in the gaps in this text with words and phrases from the list below.

continent      durables      exchange rate     fares      property     put up with      sums       weak

Visitors to Britain are often shocked by the prices. Of course, exactly how expensive it seems to any one visitor depends on the at the time. But even when the pound is relatively , Britain does not emerge as a cheap country. It generally has higher prices than other countries whose living standards and type of economy are about the same. What visitors to Britain notice is that it costs a lot to buy fresh vegetables, rent an apartment, get a cup of coffee, a cocktail, a beer, a meal, or stay in a hotel. But a whole range of consumer and services such as home electronic products and designer clothes are also more expensive than in other large European countries. The most spectacular British 'mark-ups' are in the area of transport, where are generally double what they are on the . Only a few items, among them DVDs, CDs, books, and tea (of course!) are cheaper in Britain. Why is Britain so expensive? One possible reason is the very high cost of , which has a wide-ranging knock-on effect. Another is the lack of the competition which is encouraged between other European countries because they use the same currency. But perhaps the real reason is simply that British people are accustomed to paying a lot. If so, the only hope is that, as more of them are able to do the and compare what they paid while on their holidays abroad, they refuse to the high prices any longer.


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