About 70,000 more people than normal have died in private homes in England and Wales since the start of the coronavirus pandemic, an analysis shows.
The extra fatalities, known as “excess deaths”, are the number of deaths above the average for the corresponding period in the non-pandemic years of 2015 to 2019.
A total of 70,602 excess deaths in homes in England and Wales were registered between March 7, 2020, and September 17, 2021, a PA analysis of Office for National Statistics data shows.
Of this number, only 8,423 – or 12 per cent – were deaths that involved Covid-19.
Deaths in private homes have been consistently well above the 2015-2019 average since April 2020.
Even during recent months, when almost all lockdown restrictions were eased across the country, excess deaths in homes have typically been running at between 700 and 900 a week.
More than 8,200 excess deaths in private homes have been recorded in England and Wales since the start of July.
This compares with about 2,300 excess deaths in hospitals and nearly 1,000 in care homes over the same period.
Analysis published this year by the statistics office found that, while most deaths due to Covid-19 in 2020 happened in hospitals and care homes, many from other causes, such as breast and prostate cancers, happened in private homes.
In a non-pandemic year, they might have died elsewhere, such as in hospital.
The figures showed that deaths from diabetes in private homes were 60 per cent higher in 2020 compared with the average for 2015-19, while those from chronic rheumatic heart disease and Parkinson’s were each up 66 per cent.
Deaths of those suffering dementia and Alzheimer’s disease were up 65 per cent, with increases of 44 per cent and 37 per cent for prostate and breast cancers.
“This latest data shows that during the pandemic, on average, over 120 more people were dying at home every day compared with the previous five years," said Ruth Driscoll, head of policy and public affairs at end-of-life charity Marie Curie.
"This trend is not going away and these figures continue to point to a hidden crisis happening in people’s homes up and down the country.
“People are dying at home without access to pain relief or the dignity they deserve, and their carers are being left unsupported.
"Lessons must be learnt from the pandemic, which has been a stress test for end-of-life care in the community and has shown that the current model for supporting people at end of life is neither resilient nor sustainable in the long term.
“We are at a critical moment for end-of-life care and support services and we urge MPs to support our calls for an amendment to the Health and Care Bill, which would create a legal duty to provide palliative care services in every part of the country.”
Other figures from the statistics office published on Tuesday show that 11,009 deaths in all settings were registered in England and Wales in the week to September 17.
This was 1,703 deaths above the five-year average, with Covid-19 accounted for only 851 of these excess deaths.
It is also the 11th week in a row that deaths have been above the pre-pandemic average. The number of Covid-19 deaths is still well below levels seen at the peak of the second wave of the virus.
In the week to January 29, 8,433 deaths involving Covid-19 were registered in England and Wales – nearly 10 times the number registered in the most recent week.
The relatively low number of deaths in the third wave so far, when compared with the second wave, reflects the success of Britain's coronavirus vaccine programme.
Vaccinations in England are estimated to have prevented 123,100 deaths, the latest research by Cambridge University and Public Health England shows.
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The Pope's itinerary
Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport
Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial
Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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