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Keep up to dateBy Dave Rogers2022-03-15T07:00:00
Everybody is worried about events in Ukraine, from a humanitarian viewpoint to the detail of firms navigating the impact on their cost base
Source: Shutterstock
A semblance of normality for one Ukrainian child outside a residential building damaged by Russian rockets in a residential district of Kyiv
A month ago, I would have been a lot more confident.” The chief executive of Keller, Michael Speakman, is talking about the outlook for the rest of this year.
He may as well have been speaking for everybody, to be honest. With the Omicron variant of covid-19 on the wane, some consensus that materials peaks and troughs had finally plateaued and the general sense that normality was returning, industry optimism was on the up.
Then, on 24 February, Russia did exactly what it had said it would not do: it invaded Ukraine. The days and weeks since have suddenly made people feel rather nostalgic for covid-19 given that Russia’s president, Vladimir Putin, had – just a few days into the conflict – suggested using nuclear weapons was not a red-line issue for him.
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