Admiral Reveals Road Rage Causes One In Ten Motorists To Attack Others

Admiral has revealed that Britain is a nation of irate motorists with nearly three quarters admitting they get angry with other motorists when they’re behind the wheel, according to a new study into road rage. Even more worrying, more than one in ten have followed another driver and a similar number have even attacked another driver as a result of road rage.

The poll of 3,000 UK motorists by car insurance specialist Admiral has revealed while 72% of drivers admit they feel road rage, more than three quarters (76%) act by shouting at other drivers and more than half (52%) make offensive gestures.

It’s not just your stereotypical aggressive male drivers who see red behind the wheel. The results reveal road rage affects both genders and, although women are more likely to feel angry when driving, it is men who are the most likely to shout or gesticulate at motorists who annoy them.

Admiral managing director Sue Longthorn said: “Sadly road rage doesn’t just manifest itself in shouting and gesticulating. More than one in ten (13%) of the drivers we questioned said they have followed a driver that has annoyed them while nearly one in ten (9%) admitted they have attacked another driver. The same number (9%) said they have been attacked by another driver themselves.

“It’s bad enough letting yourself be annoyed by other road users, but following them or even worse, attacking them is crazy. You have to ask yourself is it worth getting that upset at other drivers? Will getting angry achieve anything other than raising your blood pressure?”

It seems the roads have become more hostile places than they were five years ago. Nearly half (47%) of those polled said they think other drivers are more angry than they were five years ago. However, drivers certainly aren’t as critical when looking at their own driving habits; less than a fifth (18%) feel they are angrier when driving now than 5 years ago.

Longthorn added: “Vehicles can bring out the darker side of our personalities. Many of us will know someone who is mild mannered most of the time, but who, inside the confines of their car, can become easily enraged by another driver’s, sometimes harmless, actions.”

This view is backed up by Admiral’s research which found that two fifths (42%) of drivers wouldn’t consider themselves to be an angry person but do get angry and frustrated when driving.

Admiral found what gets motorists’ blood boiling the most is when other drivers drive too close or cut them off. General rudeness of other road users, driving too slowly and people who get distracted are three other instigators of road rage in motorists.

More than half of those polled also said they are much more likely to get road rage if they’re in a rush, driving on inner city roads, in traffic jams or at roundabouts.

However, it’s not all bad news. Although a large proportion of motorists do see red when driving, three fifths (63%) said they think it is wrong to show road rage and almost one in seven (68%) said they feel guilty when they do.

Via EPR Network
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Saxo Bank Reveals Leaders And Laggards Of The Q3 Earnings Season

Saxo Bank has released a new video examining the leaders and laggards of the Q3 earnings season.

With more than 20 percent of the benchmark S&P 500 companies having reported their results, the new video with Peter Garnry, Equity Strategist at Saxo Bank, not only looks at the leaders and laggards of the season but also what common threads, if any, there are across sectors.

The new equity video particularly focuses on the far reaching consequences of the Eurozone crisis on banking and financial entities plus the apparent invincibility (at least for now) of companies in the energy and technology sectors to the slowing economic growth of several key economies around the globe.

Peter Garny said: “We have said several times that we’re in favour of technology and energy stocks and this earnings season so far has proven that those two sectors are the fastest growing in terms of sales and profits.

“Going forward, we’re still positive on energy and technology stocks and relying on those two sectors due to their flexibility in terms of their operating model; they generate a lot of free cash flow and they have a very flexible balance sheet because they have a very low debt-to-equity ratio and the prices are very favourable.”

In the video he also looks at the biggest earnings surprise so far from Caterpillar, which is benefitting largely from a mining boom driven primarily by China’s demand for industrial metals and other mined materials used in manufacturing.

Peter likens the overall lack of expression and visibility concerning 2012 earnings outlooks as akin to radio silence with very few companies daring to speak up, and some actually even avoiding guidance on the fourth quarter despite relatively reliable revenues.

“Most of the companies are unable to give investors any guidance on where they see even the fourth quarter going. A lot of the companies are reporting very close to zero visibility on how their sales are coming in and we saw that Pepsi Co. couldn’t even say anything about 2012; they deferred and said they would give guidance on 2012 in mid-December. That’s a consumer stable company – they have pretty stable sales so that says a lot about the environment we live in now.”

Peter concluded by saying the industrial sector will be one to watch over the next quarter, as well as re-affirming the strength of the energy and technology sectors.

Via EPR Network
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