Is Covid really being spread significantly in and by schools? 🦠🏫🧑🎓
Thread 🧵
The decision by the government to relay the school return for secondary pupils by a week suggests ministers now believe so.
But what’s the evidence? 1/
The basic facts are not disputed.
The Office for National Statistics’ large-scale and random weekly survey shows that rates in the run-up to Christmas were considerably higher for school age children than adults...2/
A modelling study released by the London School of Tropical Hygiene and Medicine (LSHTM) on 23 December takes as its assumption that children mixing in schools are indeed spreading the virus....4/ cmmid.github.io/topics/covid19…
And the LSHTM authors conclude unless the government closes primary and secondary schools and also universities the R number will not fall below 1 and the outbreak will continue to worsen.
This study found that the proportion of schoolchildren and teachers with coronavirus “closely mirrors” the proportion in the local community.
So schools in high prevalence areas have high prevalence and schools in low prevalence areas have low prevalence...7/
Dr Shamez Ladhani, a PHE consultant epidemiologist who ovesees the study, argues causality might run in the other direction – in other words virus being brought into schools from outside, rather than being spread by transmission between pupils...8/ uk.finance.yahoo.com/news/school-co…
Some other European countries (notably France) have been able to reduce infection growth while keeping their schools open.
Yet the evidence AGAINST school transmission is rather speculative at the moment...9/
The authors of the ONS schools study concede that the results of the first round were based on a low sample, covering just 105 schools (63 secondary and 42 primary) - and the results relate to November...10/
And the fact that during the November lockdown cases rose in schools in London while they declined in the rest of the population does support the case that schools are themselves responsible for transmission....11/
Also note that infections appeared to increase more in the second national lockdown in November compared to the first in March and April, when schools were required to close....12/
Ideally we would, of course, wait for more data.
But the danger of waiting for more conclusive evidence before closing schools is that the disease could accelerate rapidly if it is being driven by them....13/
And on the question of harm to education, if schools are kept open and the disease worsens they are likely to be closed ultimately anyway....14/
As with handling the disease more generally, the argument in favour of acting decisively and early on closing schools is that it is, in the medium term, the best way to protect the education of children....15/
Conclusion: the evidence is not clear cut and it's a tough policy call.
But vital, as always in this emergency, to bear in mind the relative risks from acting too late.
THREAD ON THE IMPACT OF THIS BREXIT DEAL ON SERVICE EXPORTS💸🏦✉️🧳
Boris Johnson in BBC interview on Wednesday said: “There are already immense barriers to UK services – there is no internal market for services in the EU”....1/
Striking that the Tory ERG (left) and the @IPPR think tank (right) agree the UK-EU deal is too weak on "rebalancing" sanctions/procedures to, in practical terms, have any impact on preventing the UK government doing what it wants in future on environment/labour/subsidies etc...
To be clear, non-tariff barriers are things like paperwork for exporters, checks on imported products, licencing requirements for professionals, and differences in regulations that firms must comply with...
The single market eliminated many of these non-tariff barriers facing UK firms.
The UK is leaving the single market so they will return.
Negative interest rates for the UK back in play? 📉
Financial futures markets are pricing in a higher chance of negative rates next year from the Bank if England in wake of the Tier 4 restrictions announced at the weekend & fears of a return to recession...👇
....Although worth noting that markets still seem to think chances are lower than expected earlier this month (see green line)...👇
...Futures data handily published by Bank of England alongside its daily yield curve data by the way...