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."
Checking life insurance 'important'
With the lives of modern consumers becoming ever-more complex, a life insurance specialist has urged people to consider all their circumstances when checking their policies.Life Direct, a website that offers brokered life insurance products at discounted prices, said that a worrying number of people were risking invalidating their insurance by failing to inform their insurer about changes to their...Read More
Does the government of the day really control the direction of the UK economy?
As we enter what is becoming a serious downtrend in the UK economy many people are starting to ask whether the government of the day really do have control over the direction of the UK as a whole. While undoubtedly there have been mistakes made by the government, the onset of the credit crunch and collapse of the property market has not helped what was already a difficult situation. But could the...Read More
Pension Rescue Plan – I have very little savings for retirement
16/10/2014 Pensions have been all over the news in recent months, especially as Mr George Osborne has announced major reforms to the way we can withdraw the money we’ve saved over the years. However, this may be of little interest to some of us who haven’t actually taken the option to save up for our retirement from a young age – in fact, as you get closer to your desired retirement ag...Read More
Fraudulent activity rises threefold in the UK
A KPMG survey has revealed that fraudulent activity in UK has risen threefold over the last 12 months. The number of court cases involving fraud increased dramatically in 2008 with more than £1.1 billion worth of fraudulent activity the result of criminal charges. This is the second highest level of fraudulent activity since the survey was introduced over 20 years ago.
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Falls in Australian stockmarket overnight
The Australian stock market fell by over 3% overnight amid concerns about European debt markets, tightening credit and a general malaise across worldwide stock markets. While the initial concerns centred round the Greek budget deficit, which is now being addressed, there are fears that this has now transferred to other European countries and more problems will follow in the short to medium term....Read More