How many people could still die of #Covid19 in the UK?
It’s an unpalatable question I know, but is worth pondering given cases are on the rise in many parts of Europe.
The good news is that, well, this thread contains better news than you might have thought.
First, the data:
Here’s the big picture. Covid may have been out of the headlines in recent months but the death toll has been creeping higher.
Now up to nearly 168k in the UK, 142k in England.
These are deaths where Covid is mentioned in certificate. Abt 90% were directly attributed to Covid.
You can split it into three broad phases:
1 Wave 1 last spring. 2. Wave 2 (arguably two waves in one) last winter.
3 The period since May.
Here’s the death toll in each (for England). Raising the question: what next. How many more deaths…?
Some of the boffins at @LSHTM inc @Lloyd_Chapman_ & @AdamJKucharski have an intriguing paper out with some intriguing answers. They’ve looked at lots of factors from age breakdown to vaccine status to previous infections. Full thing here: medrxiv.org/node/433124.ex…
In short, and at the risk of oversimplifying, their model suggests that if Covid were to spread across the population now, there would be just over 10k deaths in England. Clearly more deaths is nothing to celebrate. But the level is strikingly low.
When you adjust for population, England faces the lowest “maximum remaining COVID-19 deaths” of any country the epidemiologists at @LSHTM looked at in Europe. Germany, Austria, the Netherlands and Romania, on the other hand, look v exposed.
Why is England's potential mortality so low here when, say, Germany is so high?
Mostly cos of vaccines.
Germany has more unvaccinated elderly people. So unvaccinated people (the red slice) is v v big in the German potential deaths numbers. V small in UK where so many are jabbed.
Do the @LSHTM numbers mean England/UK can relax this winter?
Let’s have a look.
Here are the deaths figs for the top 5 (eg most vulnerable) countries acc to their model. Indeed deaths are rising there quite sharply. Seems to bear out their analysis.
Now look at the countries with the lowest “potential deaths”. Most of them do indeed have low deaths numbers.
BUT now look at Czech rep and Hungary. Deaths are rising v sharply there despite the @LSHTM numbers implying they’re less vulnerable.
So the fact that England has a comparatively low level of modelled vulnerability doesn’t necessarily preclude a spike in deaths.
But this analysis is worth keeping in mind next time you hear someone shouting we’re just as vulnerable - or more vulnerable! - than our neighbours.
*deleted and corrected a tweet above which mixed up Hungary and Bulgaria. Apologies to all Hungarians and Bulgarians.
How many more people could die of Covid in this country? The answer, according to a new study, is strikingly low.
There are provisos aplenty; but there's also hope. Here's a longer explanation about the new study: news.sky.com/story/covid-19…
Here, for those who prefer their charts in video form, is a quick run through the numbers on how many people have died from #COVID19 and how high the toll could eventually get
The PM keeps repeating the figure £16bn in relation to the OBR's latest forecasts - giving the impression that this would have left a big hole in the public finances. What he fails to acknowledge is that that this is LITERALLY ONLY ONE PART OF THE STORY.
Here's why...
Yes: the OBR downgraded the fiscal numbers by £16bn (actually £15.6bn) due to weaker productivity (red bar below).
But it also simultaneously UPGRADED them by a whopping £32bn (blue bars).
This chart from @TheIFS shows it pretty clearly👇
Banging on about the £16bn productivity - as the PM did repeatedly in his press conference today - without also mentioning the £14bn inflation UPGRADE and the £17bn of other UPGRADES seems... pretty misleading to me.
It's simply NOT the full picture...
NEW
UK abolishes its "de minimis" rules which exclude cheap imports below £135 from paying tariffs.
A massive deal for the fast fashion/cheap Chinese imports sector: this is the so-called loophole used to great effect by SHEIN and Temu.
Should also bring in some tariff revenue
For more background on this, here's our investigation from earlier this year on de minimis and what it means in practice - including a glimpse inside the planes carrying these imports into the UK 👇
The flip side to this policy is:
a) stuff (yes, a lot of it is tat but even so) will get more expensive
b) it primarily hits lower income households
c) as you'll see from my thread, de minimis was a lifesaver for small regional airports. Its demise is v bad news for them...
NEW
"Data center alley" in North Virginia.
Home to the biggest cluster of server centres in the world.
Here, more than anywhere else, is the global epicentre of AI.
It's where the recent AWS outage happened.
And we've secured rare access INSIDE one of the data centres...
The inside of one of the centres, run by Digital Realty, one of the biggest datacenter companies in the world.
Extremely high security. Long, long corridors, flanked by rooms in which those servers are operating.
This is the very heart of the biggest economic story right now
And inside one of those rooms, here is one of the supercomputers powering the AI boom. This Nvidia DGX H100 is the physical infrastructure making AI a reality.
🚨EXCLUSIVE
The firm at the heart of Britain's critical minerals strategy has ditched plans for a rare earths refinery in the UK, and will build it in the US instead.
It's a serious blow to the Chancellor and her plans for "securonomics" ahead of next month's Budget👇
Not long ago Pensana was being hailed as key to Britain's industrial future.
It had plans to ship rare earth ores to the UK and refine them in a plant just outside Hull, creating 126 jobs and bringing in hundreds of millions of pounds of investment...
Its Saltend site was where the then Biz sec Kwasi Kwarteng launched the govt's official critical minerals strategy a few years ago, saying: "This incredible facility will be the only of its kind in Europe and will help secure the resilience of Britain's supplies into the future"
📽️Is Britain REALLY facing a 1970s-style fiscal crisis?
Why are investors so freaked out about UK debt?
Is this REALLY worse than under Liz Truss?
Who's to blame? Rachel Reeves? The Bank of England?
And would a bit of productivity really solve everything?
📈 Your 6 min primer👇
OK, so let's break it down.
Start with the chart everyone (well, everyone in Whitehall) is talking about.
The 30yr UK government bond yield. Up to the highest level since 1998. And it's still rising.
Does this mean the UK is facing a fiscal crisis? Let's look at the evidence
First let's compare the UK to other G7 countries.
There's two ways to do this.
First, look at absolute levels👇
And it looks pretty awkward for the UK.
Pre-mini Budget we were middle of the pack. That changed post-Truss. And now, under Labour, the UK is even more of an outlier.
👗Billions of pounds of imports...
↗️Rising by more than 50% a year...
🛬Planes stuffed with cheap clothes...
🇨🇳And a loophole saving Chinese companies from £billions of UK taxes.
Behind the scenes of one of the biggest stories in the modern economy: e-commerce
👇
We've spent months investigating this phenomenon.
- We've got the first official estimate of the scale of cheap untaxed imports into the UK.
- We've seen inside the planes carrying these goods here.
- A whole logistics industry is growing around it.
This is a v big deal!
The story begins with a MASSIVE rise in orders from Chinese e-commerce giants like SHEIN and Temu.
Now, most coverage of these brands focuses on labour standards. An important issue.
But there's something else going on here - something deeper.
A shift in how trade works...