Eight million suffer from 'crashback'
Up to eight million British drivers could be suffering from a post-car accident condition known as 'crashback'.New research says two in five motorists endure the "serious" affliction, which can lead to a "loss of confidence, nightmares about their accident and panic attacks even when they're not driving".Insurance provider More Than, which produced today's survey, claims that 170,000 people take six months to drive again after an accident, while 85,000 people have not driven since being involved in a crash half a year ago.The insurer says that it can take up to five years to recover from the condition, which can also lead to "erratic driving" when an individual gets behind the wheel again."Crashback is a very common condition among drivers who have been involved in an accident. Any car crash, no matter how small, can be traumatic, and there's nothing unusual in feeling upset or anxious after a crash," said Marcia Chambers, from More Than.Citing statistics that show 200,000 people are injured on British roads every year, More Than head of motor insurance Keith Maxwell, added: "Although not often talked about, this sort of anxiety and stress can be serious and people need to take time and concentrate on feeling better. "Drivers should not feel under pressure to get behind the wheel again before they're ready. It can add stress, meaning it takes longer to get back to normal, and could lead to unsafe driving behaviour."
HSBC fined £3.2 million by regulator
HSBC has been fined a total of £3.2 million after the FSA (Financial Services Authority) found the company in breach of data protection and security issues. The fine relates to 3 particular units which are HSBC life, HSBC actuaries and HSBC insurance brokers. The issue seems to have come to a head with the loss of a confidential CD which contained 180,000 insurance policyholder details, after bei...Read More
Some UK carers on less than £2 an hour
A report by the Princess Royal Trust for Carers has highlighted the heartbreaking lifestyle which many people in the UK are suffering when looking after sick relatives at home. It is believed that when taking into account the benefits available for home carers some people are working for as little as £1.54 an hour while saving the state around £87 billion a year. The plight of home carers is...Read More
Why is the UK government bothering with green taxes now?
With speculation that "green spending" is set to get a £500 million boost from the forthcoming budget, there are serious concerns as to why the UK government is continuing along this path even though the economy is still in a dire state. As we have covered on a number of occasions, the vast majority of "green taxes" introduced by the UK government have raised significant funds but nobody is quite...Read More
UK credit card companies chase card "tarts"
The so-called credit card "tarts" in the UK, those who regularly move from card to card to take advantage of attractive interest rates and various promotions, may well be looking over their shoulders over the next few months as the UK credit card companies promise to work closer together. While historically credit card companies have shared information on clients regarding their balance, credit li...Read More
Insurance warning regarding burglaries
While it will come as no surprise to the UK population to learn that crime, fraud and scams increase in frequency during difficult times, a forecast 50% increase in burglaries by the end of 2009 may surprise many. This is the figure being suggested by the insurance giant Norwich Union which is being used as a warning for those considering reducing their home insurance cover or those who have cance...Read More