Don’t be afraid to ask them to repeat anything that you are uncertain of or anything that is unclear. Even if you think it’s coming, your mind will be racing and going into survival mode. There will be a lot to take in and they may use terms that are unfamilier to you esp’ Consultancy rather then Redundancy (which you may be expecting).
This is your best chance to explore everything that they have to say and you may have nothing to lose either. You will have their undivided attention – maybe for the last time.
They may be looking for you to contribute to the outcome; Is there anything that you would consider doing to avoid or delay their decision? You may consider offering to work fewer hours or part time to fulfil current obligations until the current situation improves if it means that you maintain your salary.
Good luck, stay positive, treat it almost like an interview and leave a favourable impression. Do not be tempted to say something that you’ll later regret.