Weekly Summary
Material issues are coming into sharper focus as a result of continued coronavirus-related issues, as well as direct and indirect impacts of the invasion in Ukraine. The challenge for the construction industry is that the UK has few direct connections to Russian production lines, but numerous indirect ones and, as the war in Ukraine drives commodity markets higher, it will be felt throughout the global economy.
With so many unknowns and many more to be uncovered, we have to be increasingly vigilant and open in tracking the variables and their impacts.