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."
Tories set to split the Labour Party and business community
It is becoming more and more evident that the Conservative party is placing itself between the Labour Party and the business community. In truth, the Conservatives have had a lot of help from Gordon Brown and Lord Mandelson over the last few days as their attack on the Conservative party's national insurance strategy continues unabated. So will this parting of the ways cost Gordon Brown the next e...Read More
Has the ongoing recession pushed the UK closer to Europe?
In a move which is sure to court controversy in the UK, a number of EU senior ministers have been quoted as suggesting the UK is ready to adopt the euro. It seems as though ministers in Europe are using the ongoing recession to try and hammer away at the UK door which has been firmly closed for many years. There are concerns that the UK government may well be susceptible to a new welcome into the...Read More
Better savings rates wanted over Help to Buy
More potential home buyers have said that they would rather have been offered better savings rates to help them save to buy a home than the cheaper credit that has been made available from mortgage lenders under the Government’s Help to Buy scheme. Savings accounts have seen the fastest rate of withdrawals in almost four decades, as meagre returns, most of which are well below the rate of inf...Read More
First time buyers now require £41,000 wage
06/05/2015 The average first time buyer will require a minimum income of £41,000 in order to be approved for a mortgage, according to a report from KPMG. The figure comes to almost double the UKs average wage of £22,000, and shows that the difference between house prices and wages has grown so wide that affordability is now an issue for all first time buyers but the very top earners, or...Read More
Inflation falls less than expected
The rate of inflation in UK, as measured by the Consumer Price Index (CPI), fell last month to 2.2% from 2.3% the previous month. Analysts had expected a more significant fall to around 1.9% and the recent strength would seem to indicate that the prospect of deflation is lessening by the month. The Retail Price Index (RPI) inflation measurement is already in negative territory although it edged up...Read More