Economics News Quiz w/e 24/02/17

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Economics News Quiz w/e 24/02/17 1) RBS announced that 2016 was another loss-making year. How large was that loss? A £11bn B £4bn C £2bn D £7bn 2) British Airways announced a reduction in their profits for 2016. What did they claim was the main reason for this reduction? Greater competition Slowdown in Chinese economy A weak pound Change in Corporation tax 3) Unilever managed to hold off a takeover bid from which major food manufacturing company? Nestle Kraft Heinz Coca-Cola Kellogg Co. 4) A revised figure for UK economic growth in the final 3 months of 2016 has been announced by the ONS. What was the final quarter growth? A 1.5% B 0.6% C 1.2% D 0.7% 5) The German government has announced that it had another budget surplus in 2016. What was the value of that surplus? 15bn euros 12bn euros 24bn euros 8bn euros 6) Unilever managed to hold off a takeover bid from which major food manufacturing company? Nestle Kraft Heinz Coca-Cola Kellogg Co.

Economics News Quiz w/e 24/02/17 Notes: Answers: 1 D 2 C 3 B 4 5 6