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רמה: בינוני

UK Poised to Give £300M in Rescue Funding to British Steel

מאמר באנגלית לתרגול קריאה. כולל 5 מילים חדשות עם תרגום לעברית, 3 שאלות הבנת הנקרא, 5 שאלות לשיחה. מתאים לרמה בינונית.

Read the article below.

According to reports to the BBC, Chancellor Jeremy Hunt is prepared to approve a £300 million funding package for struggling British Steel. Grant Shapps, the secretary of business, and Michael Gove, the secretary of leveling-up, both made requests for the action. It would depend on Chinese businessman Jingye, who owns British Steel, pledging to protect jobs at the organization and make extra large investments.

According to Treasury sources, the funds would have to be used for decarbonization. It is unclear when a decision will be announced. The government, according to the Department for Business, Energy, and Industrial Strategy (Beis), "recognizes the vital role that steel plays within the UK economy, supporting local jobs and economic growth." According to the statement, the company was "committed to securing a sustainable and competitive future for the UK steel sector." The development of the steel industry is a priority for the business secretary, who is continuing to work closely with the industry to achieve this, according to a spokesperson. However, we are unable to comment on ongoing negotiations.

British Steel would be assisted by the support package when they built electric arc furnaces in Scunthorpe, North Lincolnshire, as initially reported by Sky. These electric arc furnaces work best with recycled steel and can be powered by renewable energy. Jingye became British Steel's third owner in four years when it purchased the company three years ago to save it from bankruptcy. However, the world's largest producer of steel in China has recently made a drive for cash from UK taxpayers, which it claims is necessary to keep the company afloat.

מילים חדשות מהטקסט

  • Pledging /ˈplɛʤɪŋ/ verb מִשׁכּוּן

    making a serious or formal promise to give or do something

    He is pledging his private jet and everything else his family owns.

  • Negotiations /nɪˌɡəʊʃɪˈeɪʃᵊnz/ noun משא ומתן

    discussions aimed at reaching an agreement

    The government agreed to enter into negotiations.

  • Furnaces /ˈfɜːnɪsɪz/ noun תנורים

    enclosed structures in which heat is produced

    People who work with furnaces in a steel factory need to wear protective clothing.

  • Bankruptcy /ˈbæŋkrəptsi/ noun פְּשִׁיטַת רֶגֶל

    a situation in which a person or business is unable to repay outstanding debts or obligations

    Small travel operators are facing bankruptcy.

  • Afloat /əˈfləʊt/ adjective צָף

    having enough money to operate or stay

    The Treasury borrowed £40 billion, just to stay afloat.

שאלות לשיחה

אין כאן תשובה נכונה — אלה שאלות לתרגול דיבור, לבד או מול מורה.

  1. What comes into your mind when you hear the word funding?
  2. What do you know about British steel?
  3. If you would invest some of your money, where do you want to invest? Why?
  4. What do you think are the factors why some businesses are suffering bankruptcy?
  5. When you were a child, have you ever imagined yourself managing your own business?

בדקו את עצמכם

3 שאלות. בחרו תשובה וקבלו בדיקה מיד.

  1. How much funding package did Chancellor Jeremy Hunt prepare to approve?

  2. According to Treasury sources, where would the funds have to be used?

  3. Who saved the company from bankruptcy?

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