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."
Public sector services under threat
As the UK budget continues to spiral out of control there were some heated exchanges in the House of Commons yesterday between Gordon Brown and David Cameron. The Tory leader was caught out somewhat when his shadow cabinet minister suggested that the Tory government would implement 10% public sector budget cuts across the board. This played right into the hands of Gordon Brown who is now looking t...Read More
UK stock market powers ahead again
The FTSE 100 has today powered ahead by nearly 100 points with more and more investors becoming optimistic about the worldwide economy and the potential uplift in the UK economy. As we have mentioned over the last few days, the UK economy seems to be out of sync with many worldwide economies such as America and European counterparts, but many investors believe this is just a short-term blip.
Record number of mortgage complaints
14/05/2014 The Financial Ombudsman has received a record number of complaints about mortgages and claimed that a rising number of people are in “debt denial”. The service received 13,659 complaints about mortgages and secured loans in the past 12 months, an increase of 5.63% year-on-year. This is despite home repossessions dropping recently. Additionally, about 40% of these complaints...Read More
UK economic growth at four year high
Data released by the Office for National Statistics today shows that the UK economy grew by 1.1% in April and June 2010, nearly double analyst's expectations of a 0.6% increase. This is a welcome relief to the UK government at a time when budget cuts and investment issues are very much grabbing the headlines and taking away from the very difficult and very challenging situation which the UK govern...Read More
UK pay-per-view TV market in major shakeup
An announcement from Ofcom this week could signal the biggest shakeup in the UK pay-per-view TV market for over 20 years. It is believed that Ofcom will insist that Sky reduces the price it charges competitors to take premium content such as Sky Sports and Sky Movies to deliver to their own customers. This will allow the likes of BT and Virgin to attack the UK pay-per-view market with BT already p...Read More