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- The main story of the weekend newsflow was that early data suggests the AZ/Oxford vaccine only has limited effect against the South Africa Covid strain (which is being interpreted as it wouldn't stop transmission of the South Africa strain but would likely stop hospitalisation and death). However, a booster vaccine is expected to be ready for the Autumn with the plan that the booster will protect against the South African strain as well as any other strains which become widespread in the meantime. The UK still appears to be on track to give all "extremely vulnerable", front line healthcare workers and over-70s vaccinated by 15 February, all "vulnerable" and over-50s vaccinated by May with all adults to be offered a first shot by the autumn.
- This week will see Bailey deliver his Mansion House speech on Wednesday (as well as testifying to the TSC on the FCA's regulation of LCF today). We will also receive the first estimate of Q4 GDP on Friday along with monthly data for December. We will also see the first launch of a linker via syndication since July 2018 this week (likely Tuesday, the 30-year Mar-51).