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The Week UK May 09 2020 PDF

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This financial promotion is issued by CRUX Asset Management Limited who are regulated by the Financial Conduct Authority (FRN: 623757) and is directed at persons residing in jurisdictions where the Company and its shares are authorised for distribution or where no such authorisation is required. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested. Past performance is not a reliable indicator of future results. Please read all scheme documents prior to investing. The KIID and Fund Prospectus and other documentation related to the Scheme, are available from the CRUX website www.cruxam.com. www.cruxam.com Consult your financial adviser, call or visit: 0800 30 474 24 Robustanddurable-that’sthe 9 MAY 2020 | ISSUE 1278 | £3.80 THEWEEK ALL YOU NEED TO KNOW ABOUT EVERYTHING THAT MATTERS theweek.co.uk THE BEST OF THE BRITISH AND INTERNATIONAL MEDIA The route out British TV’s first female top cop OBITUARIES P37 T in m CI VE Day: the euphoria of victory BRIEFING P13 Is the PM on the right path? Page 2 he airline h ndustry in n meltdown m TY IT P 40 2 NEWS THE WEEK 9 May 2020 The main stories… Giles in the FT. Leaked official plans talk of curtailing “hot-desking”, staggering work shifts and installing dividing screens, but that’s not going to be feasible for many firms. There’s also the question of whether companies would be liable if returning staff were to fall gravely ill. In any case, polls suggest that many workers are still very nervous about returning in the first place. One recent survey suggested that 70% of British voters believe that businesses should stay closed until the virus is “fully contained”, said Daniel Hannan in The Sunday Telegraph. But that’s a recipe for permanent lockdown: even a vaccine won’t eradicate the virus entirely. We’re going to have to accept a degree of risk. When it comes to schools, the case for reopen- ing is certainly overwhelming, said The Economist. The closure of classrooms is hurting all children’s education, but is particularly damaging for those from disadvantaged backgrounds. The risks from easing the school lockdown, meanwhile, seem fairly modest, given that children are relatively unaffected by the virus, and also don’t appear to transmit it much, if at all. Researchers in the Netherlands and Iceland haven’t found a single case of anyone under 18 passing Covid-19 on to their family. As for the rest of us, said The Guardian, we’d better get used to the fact that life is going to change. “We won’t be shaking a lot of hands in the near future.” Nor are we likely to see a return of department stores and other relics of “the pre- Covid-19 age”. In the future, there will likely be fewer waiters and more delivery drivers. All manner of ideas are being put forward as part of our exit strategy, said Dan Hodges in The Mail on Sunday. The Government wants us to download a contact-tracing app that can identify all those with whom infected patients have been in contact. There have also been proposals to restrict people’s contacts to a “bubble” of ten family members and acquaintances; to introduce some form of immunity passport to those who have already had Covid- 19; and even to impose a two-pint limit in pubs. We should be wary of such ideas. What we’re debating here are not exceptional measures but a new status quo. And I, for one, am not willing to accept on a permanent basis a “new normal” in which the state tells me who I can meet, while monitoring when and where I meet them. When Boris Johnson declared the national lockdown almost seven weeks ago, he thought he was taking one of the toughest decisions of his premiership, said Andrew Rawnsley in The Observer. But that was easy compared with the choices he’s now facing about how to ease the restrictions. On Sunday, he is due to deliver another televised address to the nation unveiling some of those measures. The PM is expected to announce plans to, among other things, reopen more public spaces, allow more children to start returning to school, and get more people back to work. The stakes for Johnson are high. He has to balance the huge economic costs of the lockdown against the ongoing health risks (the UK’s official death toll from Covid-19 overtook Italy’s this week to become the largest in Europe). And he has do this “half-blind because there is still so much that “The Science” is currently unable to tell us about this novel disease”. The scientific unknowns massively complicate the exit strategy exit strategy, agreed Henry Bodkin in The Daily Telegraph. It’s still unclear, for instance, whether we need to stay two metres apart. The UK guidance is based on research that originated in the 1930s. The World Health Organisation recommends a gap of only one metre. Then again, a Chinese study concluded that four metres was a safer distance. To navigate our way out of lockdown, it would also be very useful to know how many people had already been infected, but here, too, opinion is divided. As for the so-called R number – the number of people every carrier is likely to infect – it “sounds like it comes with the comforting certainty of mathematics”, said Tom Whipple in The Times. But this figure – thought to be currently between 0.6 and 0.9 in the UK – is hard to measure accurately. The sheer practicalities of easing the lockdown are equally difficult, said John Collingridge in The Sunday Times. How can social distancing work for commuters? If people are kept two metres apart, a 12-carriage train that typically carries 1,000 or more passengers would have room for just 200. The capacity of a carriage on London Underground’s Victoria Line would shrink from 125 to 21; that of a double-decker bus, from 75 to 18. Operating workplaces under these conditions would raise further challenges, said George Parker and Chris The virus: the route to a new normal COVER CARTOON: NEIL DAVIES It wasn’t all bad The corona-crisis appears to have encouraged millions of people to cut down on their smoking, or give up entirely. According to a YouGov survey, 2% of UK smokers have quit, because they’re worried their habit makes them more vulner- able to Covid-19; a further 8% say they are trying to give up, and 36% say they have cut down. Extrapolating the findings suggests more than 850,000 people have given up smoking, or are trying to, and 2.4 million are smoking less. Tens of thousands of bored sports fans tuned in to watch three pole vaulters compete in an event dubbed the Ultimate Garden Clash. Cheered on by his daughter on a nearby swing, Olympic gold medallist Renaud Lavillenie competed in his gar- den in France, against the world- record-holder Armand “Mondo” Duplantis, in Louisiana, and world champ Sam Kendricks in Mississippi. The live-streamed challenge, to clear a five-metre bar as many times as possible in 30 minutes, was jointly won by Duplantis and Lavillenie, with 36 clearances each. Scores of rebel botanists are using chalk to identify the weeds that grow up walls and in the cracks on city pavements, in an attempt to change people’s perceptions of these diverse but neglected plants. The idea of naming wild plants began in France, and has spread around Europe. Now Sophie Leguil, who set up the UK branch of the campaign More Than Weeds, has been given permission to chalk up the streets of Hackney in east London. She says that she hopes the project “could make people look at [plants] in a different way”. “The capacity of a double-decker bus would shrink from 75 people to 18” Supermarkets may thrive, but cafés will struggle © JILL MEAD/GUARDIAN/EYEVINE NEWS 3 9 May 2020 THE WEEK …and how they were covered “Few thought he could do it”, said The Times – but last week Matt Hancock defied the sceptics and smashed his target of delivering 100,000 Covid-19 tests a day by the end of the month. On 30 April, 122,347 tests were completed, up from a mere 10,000 a day just four weeks earlier. The Health Secretary had every right to laud this as an “incredible achievement”. One can quibble with how the figure was calculated, said Laura Hughes in the FT: 40,369 of the tests were regarded as “completed” simply by virtue of having been put in the post. But by setting a “big, hairy target”, Hancock did undeniably change the pace of things: it spurred the setting up of “superlabs” where rooms full of robots have processed 20,000 tests a day. But all this to what end? Is mass testing just a PR stunt? Will it really help us “emerge from lockdown”? The Government’s immediate priorities are obvious, said BBC News: all medical staff in hospitals should now be tested weekly and, soon, care workers will be too. Those who are eligible for testing also include anyone with symptoms who is over 65, a key worker, or cannot work from home – as well as anyone living with people in those categories. The plan is for all these people to be tested at regional centres or by using home kits that rely on swabs being sent to labs for analysis. But questions remain as to whether enough people are able to access the tests: home kits in particular are in “short supply”. In any case, if we’re to get people back to work and avoid a devastating second wave of infections, we’ll have to go a lot further than that, said Antonio Regalado in the MIT Technology Review. People will need to keep testing themselves on a day-by-day basis to ensure they’re not infected. Hence tests will have to be as ubiquitous as mobile phones. We’ll probably need massive testing – “the kind done in parking lots and drive- throughs or at home” – which lets people know if they are infected right away. And along with these antigen tests – which determine whether people have the disease – we’ll need to roll out a mass programme of antibody tests to find out whether many of us have had it and are thus, in principle, no longer at risk of getting or transmitting it, said Amitabh Chandra in the Harvard Business Review. The problem here is that the science is still unclear. We don’t know how long antibodies protect people who’ve had the virus, nor how long they may go on infecting others after recovering themselves. For now, the only antibody tests available outside high-powered labs are “finger- prick” ones, said Smriti Mallapaty in Nature. And the promise of such tests has been massively “oversold”; most aren’t accu- rate enough to confirm with any certainty whether someone has had the disease. When we get more accurate ones, they could well play a key role in providing the kind of “immunity passports” that would let people return to normal life: but we’re not there yet. Testing will never entirely eradicate the disease, said Tom Chivers on UnHerd. And that leaves three possible futures. Two of them – building up “herd immunity” through mass infection; or letting Covid-19, like flu, become “endemic” in the population – involve swathes of people living with, or dying of, the virus. That leaves the third. It’s now all too clear that “there’s no going back to normal until we get a vaccine”. Testing in Italy A test of science Marooned in our homes. Uncertain how to break free. If ever there were a time to set aside tribal differences and jointly figure out the best way to banish our common foe, this surely is it. And yet, alas, even on this existential issue, the old battle lines have been erected. To be in favour of an ongoing strict lockdown is to be marked down, by many right-wing commentators, as a woke leftist intent on increasing state control over every aspect of life. Conversely, those who favour a speedier, more “Swedish” timetable, are vilified by many on the left as being anti-old-people and even “pro-death”, as knaves who regard their freedom of choice as more important than the sacredness of human life. There’s a nice irony here, since many of the right-wingers assigned to the “pro-death” camp would advertise themselves, in another context, as being “pro-life”. Indeed, switch to the issue of abortion, and it’s the Left who favour freedom of choice and the Right who insist human life is sacrosanct. True, nothing in the unborn child’s life matches the rich tapestry of experience that defines that of an octo- genarian. Yet the index policymakers use to rank the relative value of human lives – the Qaly (Quality Adjusted Life Year) – relates not to an individual’s past experience, but to his/her potential for enjoying good quality (i.e. healthy) years in future: and by that criterion the unborn has better claim to survival. But do such reflections lead the two sides towards common ground? No. The will to triumph over our adversaries is always stronger than the desire to work things out with them. THE WEEK Jeremy O’Grady

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