Delaying England's winter lockdown 'caused up to 27,000 extra Covid deaths'
March 18, 2021, 12:29 pm

Delaying England's winter lockdown 'caused up to 27,000 extra Covid deaths'

The Resolution Foundation assessment found that delaying lockdown until January, despite evidence of fast-rising cases before Christmas, led to around a fifth of all fatalities caused by the virus.

Thinktank says government’s decision was a ‘huge mistake’ and should be central to any pandemic inquiry

Delaying the winter lockdown caused up to 27,000 extra deaths in England, the Resolution Foundation thinktank has claimed as it accused the government of a “huge mistake” which should be central to any public inquiry into the UK’s handling of the pandemic.

In an assessment of policy over the last year, it said delaying the start of the latest lockdown until January, despite evidence of fast-rising cases before Christmas, led to around a fifth of all fatalities caused by the virus. It said these could have been avoided if restrictions were put in place quickly enough to prevent the death rate rising from early December.

While it praised the vaccination programme – delivering jabs three times faster than Europe – and financial support for firms and workers which has included £6,700 for every household on average, it said mistakes on lockdowns were repeated “three tragic times”. It added that allowing extra deaths did not limit economic impacts, but rather increased them, because it only precipitated longer and more onerous lockdowns.

“Going timidly and late on lockdowns has been a disaster – causing many thousands of avoidable deaths,” said Mike Brewer, chief economist at the foundation. “Furthermore, delays to restrictions have meant them needing to be tougher and longer-lasting than in other countries, thereby worsening the economic damage.

“The Covid-19 pandemic has touched everyone, but lower-income families have borne the brunt of the crisis in terms of their lives and livelihoods. This shouldn’t be forgotten as we look to rebuild post-pandemic Britain.”

The report details how when Italy announced a national lockdown on 9 March 2020, Boris Johnson waited two weeks before doing the same in the UK. In September after cases started rising again and the government’s scientific advisers urged a circuit breaker lockdown, the government did not introduce an England-wide lockdown for over five weeks and this winter “the pattern of letting the caseload surge before acting” was repeated.

“Christmas was ‘semi-cancelled’, with reduced or no inter-household contact allowed, only on 19 December,” the foundation said. “And, despite still-surging numbers, a full return to national lockdown was not announced until 4 January, by which point we were seeing over 50,000 cases a day across the UK.”

Economic policy was far more successful, the thinktank said.

Crisis-related spending totalling £340bn has meant that “the worst recession for 300 years has seen the smallest rise in unemployment of any recession in living memory”.

It added: “Amazingly, household income has been broadly similar in 2020 to its 2019 level in aggregate, despite GDP falling by almost 10%.”

However it said the most “glaring failure of economic policy” was on sick pay, which still means 2 million low-earners receive only £96 a week if they are sick. This meant the incomes of people being asked to stay at home to save lives were not protected, which undermined the stay at home message, limited the effectiveness of the test-and-trace system and increased infections.

A government spokesperson said: “Our focus throughout the pandemic has been to protect the NHS and save lives and we have always been guided by data and scientific advice. In December, as soon as we became aware that the new variant was significantly more transmissible than other strains, we acted quickly and decisively to introduce stricter measures.

“This pandemic has challenged health systems around the world, but thanks to a wealth of experience, research and advice, we now have a successful vaccination programme, numerous treatments, a test and trace system that has carried out more tests than any other comparable European nation as well as a world leading genomics sequencing system to find new variants.”

source: Robert Booth

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).

Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.