The US CDC give an IFR of 0.26pct
This is a conservative figure as it assumes an asymptomatic rate of 35pct, when many studies have shown 50-80pct of people are asymptomatic.
IFR is probably around 0.2pct, comparable to a 'bad' flu season
Given variation in testing rates and the ways in which deaths are recorded differing between countries - and even within countries over time - the only true measure of a spike is excess mortality. We have not seen a second spike anywhere as yet.
There is increasing evidence that only 20pct of populations are susceptible as others have T cell immunity or residual immunity from a prior coronavirus infection (aka a cold)
Even on the Diamond Princess, only around a third of passengers and crew caught the virus despite the average age being higher than average and innate and adaptive immunity weakening with age. Care homes will be higher due to the advanced years of their occupants and their depleted immune system. This is why they need protecting (which is the precise opposite of what has been done in the UK and why our excess mortality is so high)
Anyway, in normal healthy young people we are likely at herd immunity in places like London and a second wave is unlikely.
Stop the insanity now.
(And no, I am not a doctor. Many doctors are surprisingly dense, and of the epidemiologists I work with, far too great a proportion have a vested interest in bigging up the panic. Statisticians are the people speaking sense right now - listen to them)