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Covid-19: the end of globalisation is nigh

Nevertheless, a couple of weeks into the main full-year reporting season, and it is nailed on that Covid-19 will have a genuine material impact on numerous companies, with certain sectors – most notably travel and tourism/aviation – bearing the initial brunt of the disruption.

Most companies have delivered a caveat linked to the outbreak in their full-year updates, but it is difficult, perhaps nigh on impossible, for many companies to gauge the financial implications at this early stage.

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