RE: Trading Update16 May 2022 16:27
Not sure what else can go wrong (other than running out of cash). My guess is it'll bounce around the 50p mark, for a while.
IMO: the minute the UK government comes up with something realistic to help more people have more money to spend - this thing flies.
At some point UK government will equate getting reelected, to actually doing something about the cost of living. Soon, I hope!