UK daily COVID-19 death count could be scrapped – Telegraph

Anil Panchal FXStreet

Amid allegations that the officials are exaggerating the number of deaths from the coronavirus (COVID-19), The Telegraph came out with the news highlighting possibilities of scrapping the daily update conveying the death count.

Key quotes

The official Covid-19 daily death toll may never be brought back following an investigation into Public Health England's method of counting it.

The conclusions of the review, which was ordered by Matt Hancock after it emerged officials were " exaggerating” deaths from the virus, are expected this week.

One expected recommendation would be to stop daily reporting altogether and move to a weekly official death toll instead, a government source said on Sunday night.

On July 17, the Health Secretary asked PHE to urgently investigate the way daily death statistics had been reported, leading PHE to say it was “pausing” the daily release.

It came after Oxford University experts revealed a significant proportion of the daily out-of-hospital death toll relates to patients who recovered from the virus weeks or months earlier.

Fx implications

Although the early-Asian session restricts GBP/USD moves, the Cable remains pressured around 1.3045 following the news.

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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