We have revised our scenarios based on the latest data from our household surveys, and other available information.
Scenarios are a way of exploring different futures, and to consider the consequences, not as a forecast, but to facilitate understanding and debate.
None of these scenarios may turn out to be right…. Things change.
We use a framework driven from our core market model and we are going to look at the five potential outcomes, updated with the latest data and results.
Here is the summary results.
Since last time, conditions appear to have deteriorated further. We discussed this in our recent live stream event.
