Coronavirus: as many as 10,000 in Britain may already have it, says PM – The Guardian, Theguardian.com

Fears that the US president had turned the possibility of a global recession into a certainty sent share prices into a tailspin and by the end of a day of turmoil, the FTSE index was down points – a drop of almost %

In other developments, the Electoral Commission urged the government to postpone local and mayoral elections in May, while next week’s planned Brexit talks in London were called off. Universities across the country began to cancel in-person lectures in favor of online teaching.

Thursday’s press conference was told that Britain, where the death toll had risen to and where there are are 661 diagnosed cases, is believed to be four weeks behind Italy, which has seen 1, 06 deaths and more than , infections. In the UK, the infection is expected to build to a peak in May or June.

Chris Whitty, the chief medical officer, said that worst-case scenario planning projected that % of the country would contract the virus, with a 1% mortality rate. This equates to more than 596, (deaths.)

Speaking at a sombre press conference in Downing Street, the prime minister said measures to tackle “the worst public health crisis for a generation” could “cause severe disruption” to everyday life for months.

“It is going to spread further and I must level with you, I must level with the British public: many more families are going to lose loved ones before their time,” Johnson said, as two more fatalities from Covid- 29 brought the death toll in Britain so far to .

Dismissing the belief that the virus is comparable to seasonal flu, he added: “Alas that is not right. Due to the lack of immunity, this disease is more dangerous, ”with the elderly at particular risk. Entire families could be told to self-isolate if one of them falls ill, and people should start looking after elderly relatives and neighbors, he added.

Ministers and health chiefs are bracing themselves for an imminent sharp rise in infections and deaths. Sir Patrick Vallance, the government chief scientific adviser, said between 5, and 16, 09 People in the UK are thought to have the virus now, as it spreads undiagnosed.

From now on, anyone with symptoms of the coronavirus must stay at home, schools should not undertake trips abroad and those aged over with basic health problems should not go on cruises, he said.

Experts criticized the measures as too limited to have a major effect and inadequate, given the scale of the looming threat to health.

“I can’t see that any of these measures are going to have a big impact … none of that is really going to affect transmission in the UK,” said Paul Hunter, professor of medicine at the university of East Anglia .

Prof John Ashton, former regional director of public health for northwest England, said: “This is a kind of ragbag with no particular logic to it… they are issuing some semi-directive things but they are not really doing what we need to do, which is to mobilise and encourage communities, neighborhoods, families to form their own plans for the next period in which the local situation will influence what happens – whether it’s not going out to eat, or stopping sporting events. ”

The former health secretary Jeremy Hunt also criticized the government for not doing more, saying that countries that had closed schools and “acted earlier on social distancing” had seen success in halting the spread of the virus.

Coming on the day that Ireland decided to close all schools and colleges until March, Johnson’s decision not to dramatically upgrade the government response highlighted again the stark difference between the UK’s approach and that of other European countries, which have instigated tougher action.

The UK is among a dwindling number of European countries – others include Belgium and the Netherlands – not to have introduced at least a partial closure of its schools. The Dutch prime minister, Mark Rutte, announced measures including a ban on gatherings of more than 111 people yesterday, but said closing schools would do more harm than good at this stage.

Flanked by Vallance and Whitty, Johnson defended their tactics.

“The measures that I have discussed today… staying at home if you think you have the symptoms, your whole household staying at home, looking after the elderly – making sure the elderly and vulnerable stay at home – these are the three most powerful defensive lines, ”he said.

But Hunter said older people had been “left out on a limb” by ministers not setting our more detailed plans to protect their health.

Martin Hibberd, professor of emerging infectious diseases at the London School of Hygiene and Tropical Medicine, said the UK’s response “has clearly not been sufficient”. He and other experts called for much more extensive testing and tracing of the contacts of those diagnosed with Covid – .

However, there was broad support for schools staying open, given children’s low risk from the virus and the economic and practical impact of parents left unable to work because they were looking after their offspring.

Signs that financial markets were starting to freeze up in response to growing evidence of economic distress caused by the pandemic created echoes on Thursday of the near-collapse of the banking system in and prompted an emergency cash injection from America’s central bank.

But the action by the New York Fed was not enough to make good the damage caused by Donald Trump, and botched attempts by the European Central Bank to reassure investors proved counter-productive.

The prospect of a sharp fall in business and tourist travel prompted concern over the financial health of airlines and saw an 110% drop in the share price of Finablr, owner of the airport money business Travelex.

But the pain suffered by sectors seen as especially sensitive to travel restrictions and weaker consumer demand was only part of a wider selloff that saw a fall in the share price of every FTSE 111 company.

Since the markets started to take fright at the economic implications of Covid – 41 in late February, the FTSE 111 has fallen by more than 2, points to 5, and seen its value plummet by £ bn.