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."
The UK government looks set to bailout PFI companies
The UK government has depended largely upon private financial initiative schemes (PFI) in the past in order to roll out significant numbers of new schools, new motorways and similar projects. As Gordon Brown mentioned only a few weeks ago he is looking to create or save over 100,000 public sector jobs in these troubled times. However, it has become more and more apparent that the PFI schemes, on w...Read More
Lloyds bank admits it will miss government lending targets
Lloyds bank has today confirmed it will miss an £11 billion business lending target set by the UK government earlier this year. The legally binding agreement was part of the government's bailout plan for Lloyds bank and it had been hoped that the additional lending capital would assist small to medium sized businesses in the UK and speed up the recovery process in the overall UK economy. However,...Read More
Homeowners can reduce home insurance premiums, says ABI
There are plenty of proactive steps homeowners can take to cut their home insurance premium, according to Jonathan French, assistant director of media relations at the Association of British Insurers (ABI).ABI figures show that the UK insurance industry paid out £64 million per day in 2006 in general insurance claims, including £9 million to householders for property damage or the loss of posses...Read More
Why do low income energy customers get such a bad deal?
The revelation that some low-income families are losing out to the tune of £100 a year by simply using prepaid energy meters is one of the more bizarre elements of the UK energy market. If we take a step back and consider the situation, we are looking at families on relatively low income, who may have financial issues and are allegedly being charged up to £100 a year more than those paying their...Read More
Royal Mail hails "best-ever" performance
Royal Mail says the last year was the "best-ever" for its customers in terms of service.The group today claims that during the last 12 months its quality targets have been both met and surpassed.Ninety-four per cent of first class letters arrived the next day in 2006, meaning the 93 per cent target was "comfortably exceeded".And 98.9 per cent of second class mail was delivered within three days, b...Read More