Scenarios

Real policy decisions.
Real pressure trails.

Each scenario is a live simulation, not a summary. Pull it apart, see who absorbed the pressure and who was relieved, then open it in the analyst view to test your own alternative.

fiscalmonetaryNarrative stress scenario — not a causal replay

September 2022

The Truss mini-budget

What happens when big unfunded tax cuts collide with a nervous gilt market?

Absorbs pressure
20pof every £1 · Pensions & insurers
See the story
monetaryCalibrated

Monetary tightening

Bank Rate at 5%

The Bank of England hikes to fight inflation. Who actually feels it first?

Absorbs pressure
45pof every £1 · Banks
See the story
fiscalMechanical ledger

Fiscal transfer

£400 energy support payment

The government sends every household a cheque. Does it actually help?

Absorbs pressure
35pof every £1 · Households
See the story
shockStylised external shock

External shock

Global energy prices double

A war overseas doubles the wholesale gas price. Where does the cost land?

Absorbs pressure
50pof every £1 · Overseas
See the story
monetaryMechanically correct — illustrative calibration

March 2020 style

Emergency QE

The central bank buys £200bn of gilts from the market. Is that free money?

Absorbs pressure
25pof every £1 · Pensions & insurers
See the story
monetaryMechanically correct — illustrative calibration

Quantitative tightening

Selling the gilts back

The Bank of England now sells gilts it bought years ago. Who has to buy them?

Absorbs pressure
50pof every £1 · Central bank
See the story

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