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."
Is bankruptcy really as bad as people say?
While the words bankruptcy, trust deeds and insolvency will strike fear into many UK consumers, is bankruptcy really as bad as people say?
It is easy to forget sometimes that bankruptcy regulations and bankruptcy laws are there to protect those in financial trouble. They are not there to make it easy to write off your debts, reduce your liabilities and walk away but they are there f...
Life insurance fraud 'very low'
It has been suggested that instances of life insurance fraud are rare in the UK because the industry takes strong measures to prevent fraudulent claims being made.The recent media furore surrounding the case of John and Anne Darwin, who have been arrested in relation to potential life insurance fraud, has ignited interest in the sector's efforts to prevent people from fraudulently claiming on thei...Read More
MPs suggest £2 billion a year lost in taxes through illegal employment
MPs across the Houses of Parliament have today come out to criticise the cash in hand culture which is prominent in many parts of the UK. Estimates suggest that upwards of £2 billion a year is lost in taxes as cash in hand employment does not normally go through the books and therefore no taxes are recorded or collected. The situation is likely to get worse in the short term with more and more pe...Read More
Simple ways to cut your car insurance
There is no doubt that all drivers in the UK dread their renewal date for car insurance as premiums continue to move higher and higher. However, there are a number of simple ways to reduce your car insurance premiums to a level which reflects your risk and your annual mileage. One of the best ways to reduce your car insurance premiums is to limit the mileage which you clock up each and every ye...Read More
IMF believes UK jobless total set to rise
Despite hopes that the UK economy will finally turn around and move into recovery mode in the short to medium term, the International Monetary Fund (IMF) has today poured scorn on hopes that the UK jobless total will soon peak. The IMF believe that unemployment in the UK will continue to rise well into 2010 and indeed the UK is one of the worst performing economies in the world at this moment in t...Read More