Forex Trading For Beginners 2021: Covid: Public can be confident in UK's vaccines, Nadhim Zahawi says

A person being vaccinated in Basingstoke on 4 February

The public can have confidence in the UK's Covid vaccines, despite concerns about the Oxford-AstraZeneca jab's effectiveness against the South Africa variant, the vaccines minister says.

Early trials suggest the jab offers "minimal protection" against mild disease from the South Africa variant.

But Mr Zahawi said the vaccines being used appeared to work well against the variants currently dominant in the UK.

South Africa has put its rollout of the Oxford-AstraZeneca vaccine on hold.

Its government is waiting for further advice on how best to proceed in light of the preliminary findings from a study suggesting the jab offered limited protection against mild and moderate disease from the variant first discovered in South Africa.

Scientists say the strain - also known as 501.V2 or B.1.351 - accounts for 90% of new coronavirus cases in the country.

More than 100 cases of the South Africa variant have been found in the UK, but the version of the virus first discovered in Kent is the dominant strain.

Writing in the Daily Telegraph, Mr Zahawi said scientists were working on updated vaccines to offer further protection against new variants.

"While it is right and necessary to prepare for the deployment of an updated vaccine, we can take confidence from the current roll out and the protection it will provide all of us against this terrible disease," he said.

He added that recent studies showed the vaccines currently being deployed in the UK "appear to work well" against the variants currently dominant in the country.

"We need to be aware that even where a vaccine has reduced efficacy in preventing infection there may still be good efficacy against severe disease, hospitalisation, and death," he said.

"This is vitally important for protecting the healthcare system."

On Sunday, Mr Zahawi told the BBC's Andrew Marr that a booster in the autumn and annual vaccines could be required to combat variants.

He also said the UK government had ruled out issuing so-called "vaccine passports" to enable people who have had a coronavirus jab to travel abroad.

Instead, people can ask their GP for written proof that they have had the jab.

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The new study of the Oxford-AstraZeneca jab, which has not yet been peer-reviewed, involved about 2,000 people who were on average 31 years old.

A spokesman for the pharmaceutical company said it had not yet been able to properly establish whether the jab would prevent severe disease and hospitalisation caused by the South Africa variant because those involved in the study had predominantly been young, healthy adults.

But the company expressed confidence the vaccine would offer protection against serious cases, because it created neutralising antibodies similar to those of other coronavirus vaccines.

Prof Sarah Gilbert, the vaccine's lead researcher, said a modified version of the jab designed to combat the South Africa variant was likely to be ready to use in the autumn.

On Saturday, AstraZeneca said its vaccine provided good protection against the Kent variant.

Early results suggest the Pfizer-BioNTech vaccine protects against the new variants.

Data on two new coronavirus vaccines that could be approved soon - one from Novavax and another from Janssen - appear to offer some protection.

And early results from Moderna suggest its vaccine is still effective against the South Africa variant.

Chart showing the number of first vaccine doses received in the UK

It comes as:

More than 12 million people in the UK have now had at least one dose of a coronavirus vaccine, with nearly 550,000 first jabs given out on Saturday.
In Scotland, a new record for vaccinations was set over the weekend, with the number of first doses given in one day passing 50,000 for the first time.
The government says coronavirus vaccines will be offered to everyone living in the UK free of charge, regardless of their immigration status. They want people in the country illegally to know they will not be at risk of deportation if they come forward for a jab.
The government is aiming to offer first doses to 15 million people in the top four priority groups by 15 February. At the current rate, about 16 million people would receive a first jab by that date.
Meanwhile, the daily number of cases recorded in the UK continues to fall, but remains high, with another 15,845 new cases reported on Sunday.
The latest figures also showed another 373 people in the UK have died within 28 days of a positive test - although fewer deaths tend to be recorded over the weekend because of reporting delays.