IMF Raises UK Growth Forecast; Kingfisher Names New CEO
The IMF is a big world group. It looks at money and economies. The IMF said the UK economy will grow more than before. This is good news for the UK chancellor. The chancellor is the top minister for money.
There is also news from a company called Kingfisher. Kingfisher owns B&Q, a shop for home building things. Kingfisher has a new boss. His name is Sebastian Gundel. Before this job, Gundel was the boss of OBI. OBI is a German shop like B&Q. Gundel will start his new job on 1 February 2027.
Vocabulary10 words
- IMF
- a big group that helps countries with money
- economies
- how a country makes and uses money
- grow
- to become bigger
- chancellor
- the top minister for money in the UK
- chief executive
- the top boss of a company
- forecast
- a guess about what will happen
- appoint
- to choose someone for a job
- DIY
- building or fixing things yourself
- retailer
- a shop that sells things to people
- home improvement
- making your house better
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Quiz
Answer key
1. It raised its growth forecast 2. The new chief executive of Kingfisher 3. 1 February 2027
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
The ***** is a big world group.
It looks at money and economies.
The IMF said the UK economy will ***** more than before.
This is good news for the UK *****.
There is also news from a company called *****.
Kingfisher owns B&Q, a shop for home building things.
Kingfisher has a new *****.
His name is Sebastian *****.
Before this job, Gundel was the boss of *****.
Gundel will start his new job on 1 February *****.
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