According to New Scientist, newscientist.com/article/23... they are just as reliable at detecting the Omicron variant of the SARS-COV2 virus as they are at detecting Delta and earlier variants - which is to say, not reliable enough to tell someone they are Covid-free!
Some salient points from the above article:
"Various studies have put the sensitivity of LFTs – in other words, their ability to detect the virus if it is there – at about 40 to 60 per cent. That sounds unhelpfully low, but it is an unfair measure as it compares LFTs to PCR tests, which are arguably too sensitive".
"People should use a positive result as a “red light” for stopping a social activity, but they shouldn’t use a negative result as a “green light” to go ahead with an activity that is potentially risky, as they might have some mild covid-19 symptoms... If your ‘pre-test’ decision is not to do the activity, then I would not generally recommend letting a negative result change your mind".
"Positive lateral flow test results can show an extremely faint band, which some people might incorrectly read as a negative test result".
"The crucial thing to remember is that if you have covid-19 symptoms, a negative LFT doesn’t give you the all-clear: you still need to use a PCR test".
"It is always possible to test negative and then go to positive.. Because of this, it is better to test just before mixing with other people, rather than relying on a negative test from the day before".
That last point is EXTREMELY relevant to testing your house guests etc over Christmas. I think it is better to get them to test on the day, and the day before, and the day before that.
Even if a one-off LFT has a sensitivity as high as 80 percent, and your guests have been less than careful, you are running a high risk that one of them brings Covid with them.