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Beat me to it. And according to this report, London currently has 46 free ICU beds.

I took the term open to mean unoccupied which put them at 46% utilization.

The columns in the spreadsheet are "Sum of Number of adult critical care beds open" and "Sum of Number of adult critical care beds occupied".

I don’t think beds really work in a way that allows 125% utilization.

They do when they start converting other wings into ICU space

Yes, that’s the point.