VOCABULARY А
Complete the text with words from the box.
exchange interest labour market
unemployment
plan
sales
tax
Private sector sets up new fund for small businesses
HTTC, a Birmingham-based telecommunications group, has set up an investment fund to help finance
new businesses in the area. The area has a high (11)
rate because of the current
economic recession. Recent changes in the pound-euro (12)
rate have made it
harder for businesses that make goods for export. HTTC hopes that providing loans with a low
(13)
rate will allow new businesses to grow and to create new jobs for the
(14).
force in the area. The local government has recently agreed to offer
(15)
incentives for new businesses as well.
In addition to offering funding, HTTC is also providing training and consulting for people who are
considering starting a new business. The company is offering assistance with
(16)
research, product development, and (17)
forecasting
as well as developing a business (18)
