It would be very worrying if it wasn't for the vaccines clearly working remarkably well.
As it is, hospital and ICU admissions have been basically umoving over this time, and it may well remain under control on that front, particularly if we continue to vaccinate at a reasonable speed (second vaccines are remaining at 75 days after first vaccines, where they have been for a long while, and that should mean that second-vaccinations drop in a few days time, freeing up more capacity for first-vaccinations).
Graph as usual is from https://www.travellingtabby.com/scotland-coronavirus-tracker/ - UK-wide figures are also there, but most of the UK is managing to avoid a third wave right now. It's clearly dramatically worse in the North-West than anywhere else.
Original post on Dreamwidth - there are comments there.