I'm cautiously optimistic, but it's still too early to make any assumptions about Omicron based upon death data. There were a very small number of cases a few weeks ago - we'll start seeing the real impact, if any, over the next couple of weeks
The time between symptom onset and death ranges from 2 - 8 weeks. The median time between symptom onset and death is in the range of 16 to 19 days.
16 days ago was Sun 5th Dec. On this date we reported 43,285 new cases and the seven day average was at 45,353.
19 days ago was Thurs 2nd Dec. One this date we reported 53,067 new cases and the seven day average was at 43,940.
The seven day average was higher than this in late October, peaking at 47,209 on 23rd October, so it would make sense that we're not seeing higher numbers than we've seen over recent months at this point.
The seven day average has been creeping up over the past ten days or so, starting at 50,049 on the 11th Dec with a high of 82,808 yesterday. It will take 2 - 3 weeks for these recent increases to be reflected in the data.
Once again, I'm not saying that you're wrong re Omicron. I'm still just saying it's too early to tell.
I can see why the govt siting on the fence, doesn't really yet seem to be a compelling reason for further restrictions.
As an aside that may stray a little too close to the politics line, for some small businesses the current government position is the worst of both worlds. London is pretty much in a stealth lockdown - people are scared to catch Omicron and have their Christmas plans ruined for the second year running. so hardly anyone is going out. Almost everyone I know who was planning on leaving London to visit family over Christmas left much earlier than planned to escape. Then there's the fact that loads of businesses have been hit with incredible staff shortages due to infection - but because there is no lockdown and they are permitted to be open, there is no government support.
At least one local pub has had to close entirely due to every single member of staff coming down with Omicron over the past week. A friends business has seen well over 70% of Xmas parties and bookings cancelled over the past 7 - 10 days. Pubs, bars and restaurants are empty. It's awful and there's zero support from the government due to no official restrictions.