‘Your Waverley’ s concerned at the state of the UK economy.


Chief Executive Officer Tom Horwood has given his first quarter report to the councouncil’s view & Scrutiny Committee.

He said at this early stage of the year, we forecast a small (3%) adverse variance on revenue, which needs to be brought back on track.

While the variance was modest at this stage, the management team was concerned about the state of the UK economy and its implications for Waveerley:

i.e. lower income, higher costs, increasing demand for our services from those who find themselves in hardship and delays from supply chain disruption.

He said he would continue to plan for all scenarios and report risks.

Highlights of the last quarter included: –

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