Deaths and hospitalisations in UK are still rising but the rate of rise is slowing as the case rates fall. I suspect that is the lag between case rate changes and other parameters. As long as case rates continue to fall in UK, which is not guaranteed, it looks like things are improving and hopefully the UK is headed out of this wave. In Ireland and Germany (and other countries) case rates are rising and likely the other parameters will also rise in time, reflecting the lag.
What is apparent is that there are fewer deaths from the number of cases than before whch is more than likely the effects of vaccinations along with improved protocols in patient clinical management for those who are hospitalised. That is a positive direction.
However, we stll don’t fully know what the effects of “long covid” or other health implications of covid will be. There is still a lot we don’t understand yet.