The UK government has chosen a 'learn to live with Covid' strategy, and the Zoe app has become a casualty. Getty
The UK government has chosen a 'learn to live with Covid' strategy, and the Zoe app has become a casualty. Getty
The UK government has chosen a 'learn to live with Covid' strategy, and the Zoe app has become a casualty. Getty
The UK government has chosen a 'learn to live with Covid' strategy, and the Zoe app has become a casualty. Getty

UK government criticised for 'huge mistake' in defunding Covid alert system


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The founder of the Zoe Covid study has said the British government's decision to withdraw funding from the coronavirus symptom monitoring app is a “huge mistake".

“We’re incredibly disappointed that the [UK Health Security Agency] has decided not to renew funding of the [study]," Prof Tim Spector told The National.

“Since the start of the pandemic, Zoe has been at the forefront of critical scientific discoveries which have saved lives. It’s proven that our million-strong community of citizen scientists can help to achieve accurate symptom and case predictions, as well as contribute to more than 40 published scientific papers."

In the early stages of the pandemic, the app was instrumental in alerting policymakers to loss of smell and taste as indications of an infection.

Prof Spector said he is baffled that such a valuable tool was put aside by Westminster.

“We believe that not renewing the funding is a huge mistake for the UK and for science," he said.

“The UKHSA has acknowledged that the pandemic isn’t over yet, so, for them to take this decision is both a surprise and disappointment."

Learning to live with it or forgetting it exists?

The decision was taken against the backdrop of a near weekly doubling of confirmed Covid case numbers in the UK, and the emergence of the Deltacron variant in Europe and the US.

UK Health Secretary Sajid Javid said the increase was a natural consequence of the UK's transition to a “learning to live with it" strategy.

This involves ending all coronavirus restrictions and dismantling testing and tracking infrastructure such as the weekly Office for National Statistics infection study as of April, widely regarded as the most accurate measure of Covid prevalence.

Critics say the government's approach is reckless and leaves the UK effectively blind to infection levels and new coronavirus variants.

Proponents say it is proportionate with the threat posed by the virus in a largely vaccinated population.

The latter position was superficially corroborated by a Financial Times study last week which suggested that, for the first since the pandemic began, fewer people in the UK infected with Covid die than those infected with flu.

However, in a caveat, the authors pointed out that despite Covid's vaccine-driven attenuation, ONS data showed that 9,641 people have died from a respiratory disease since the beginning of the year in the UK – double the number in a typical flu season.

Given the UK National Health Service's struggle with winter illness before the pandemic began, a situation where this load is doubled every year will create significant logistical and economic difficulties.

Zoe to continue without government support

Scientists such as Prof Spector believe that instead of the “pretend it doesn't exist" approach which brought an end to funding for Zoe and the ONS studies, the government should be taking the opposite tack.

“I do think we need a more global monitoring, not only of the genetics … but also like the Zoe app of symptoms, so people can see when something funny is happening and investigate,” he told The National in February when discussing the possibility Covid can be treated like flu.

With the help and support of our loyal loggers, we will continue to track both the symptoms and spread of the Covid pandemic
Prof Tim Spector,
Zoe app founder

“I think we just haven't devoted really any money to this kind of stuff in the past.”

His words then seem prophetic and ironic now, although he is hopeful that the Zoe app can continue.

“[We are] committed to continue running even without government funding and … our parent company, Zoe, the personalised nutrition company, will fund it in the short term while we look into other ways to secure the future of the study.

“With the help and support of our loyal loggers, we will continue to track both the symptoms and spread of the Covid pandemic, as well as investigate other chronic health conditions using the same pioneering technology in the app.”

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

England's all-time record goalscorers:
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Jimmy Greaves 44
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Tom Finney 30
Nat Lofthouse 30
Alan Shearer 30
Viv Woodward 29
Frank Lampard 29

The past Palme d'Or winners

2018 Shoplifters, Hirokazu Kore-eda

2017 The Square, Ruben Ostlund

2016 I, Daniel Blake, Ken Loach

2015 DheepanJacques Audiard

2014 Winter Sleep (Kış Uykusu), Nuri Bilge Ceylan

2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux

2012 Amour, Michael Haneke

2011 The Tree of LifeTerrence Malick

2010 Uncle Boonmee Who Can Recall His Past Lives (Lung Bunmi Raluek Chat), Apichatpong Weerasethakul

2009 The White Ribbon (Eine deutsche Kindergeschichte), Michael Haneke

2008 The Class (Entre les murs), Laurent Cantet

Results

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7.15pm: Handicap (TB) Dh102,500 (T) 1,800m, Winner: Eastern World, Royston Ffrench, Charlie Appleby

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8.50pm UAE 2000 Guineas Trial (TB) Conditions Dh183,650 (D) 1,600m

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How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
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6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Biography

Favourite drink: Must have karak chai and Chinese tea every day

Favourite non-Chinese food: Arabic sweets and Indian puri, small round bread of wheat flour

Favourite Chinese dish: Spicy boiled fish or anything cooked by her mother because of its flavour

Best vacation: Returning home to China

Music interests: Enjoys playing the zheng, a string musical instrument

Enjoys reading: Chinese novels, romantic comedies, reading up on business trends, government policy changes

Favourite book: Chairman Mao Zedong’s poems

 

 

Updated: March 15, 2022, 4:50 PM