Julian Knight: After 350 years, Bankers at last get something right – scrapping cheques

How dare they? Those damned bankers, not content with getting the legal seal of approval on sky-high current account charges, paying themselves bonuses for doing jobs they wouldn't even have if it weren't for the taxpayer, they now, horror of horrors, want to get rid of the good, old, reliable cheque.

Simon Read: Spending won't lead to a happy Christmas

More than half of people who use a credit or store card feel that meeting the minimum repayment is a burden, according to research published this week by the Office for National Statistics (ONS). Alarmingly, 15 per cent of people fail to meet some of their repayments, the ONS said. On the other hand, the same survey reported that household wealth reached a record £9 trillion in Great Britain between 2006 and 2008, with the average wealth of households estimated at a healthy-looking £204,500.

The high cost of debt to your wellbeing

People with mental health issues can face difficulties managing their money, leading to debt problems. Neasa MacEarlean finds out what help is available

Consumers repay record levels of debt as new home loans rise

Britons cut their credit card, loan and overdraft debts by £579m in October

Consumers continuing to pay off debts

Consumers repaid a record level of unsecured debt during October as they continued to focus on improving their finances in the face of the recession, figures showed today.

Simon Read: Do so many people need to lose homes?

The number of people facing the misery of repossession is falling, which is great news. The Council of Mortgage Lenders this week slashed its repossession predictions for the year to 48,000. Earlier in the year, it predicted some 75,000 people could lose their homes in 2009. Is this a sign that the recession really is over for home owners and the good times are back?

Simon Read: No more chances for dodgy debt advisers

Debt management firms are facing a new crackdown by the Office of Fair Trading. Explaining the review which will examine the advertising and business practices of the firms Ray Watson, OFT director of consumer credit, said: "A recent increase in formal OFT enforcement action, rising complaints and new problems emerging in the market suggest that some businesses are still not meeting minimum standards."

Mortgage borrowing increases

Homeowners' mortgage borrowing increased in September while the number of loans approved for house purchase also grew, figures showed today.

Recession closes 26,000 shops in nine months

Nearly 26,000 shops went out of business in the first nine months of this year, with multiple retailers as badly affected as independents.

Signs of life in the housing market

Amid the continuing economic gloom, the British Bankers' Association provided a ray of light yesterday, saying that the number of home loans approved was back up to levels last seen at the end of 2007.

Bad day for US banking

Bank of america yesterday showed that America's banking system is not yet out of the woods, slumping to a $1bn (£613m) third-quarter loss.

JPMorgan results help Dow power past 10,000

Wall Street giant beats forecast with $3.6bn earnings

Business Diary: 10/10/2009

Place your bets in the airline strike stakes

Do you think Paddy Power's market on which airline will suffer a major industrial dispute first is just a bit mean-spirited? It is offering odds of 1/2 that British Airways workers will be the first to stage a walkout, or you can back Aer Lingus at 6/4. Still, it might be one way to raise money for a new flight.

David Prosser: Is the Bank's QE gamble paying off?

Outlook: Your "open meeting" is my "crisis summit", as the Bank of England has discovered after inviting 50 leading economists into Threadneedle Street for a chat about the progress of its quantitative easing initiative.

How to dodge the recession rip-offs and online scams

The credit crunch has brought with it an big increase in fraud. Kate Hughes looks at how to avoid becoming a victim
News
Russell Brand was in typically combative form during his promotional interview with Newsnight's Evan Davis
peopleReports that Brand could stand for Mayor on an 'anti-politics' ticket
News
The clocks go forward an hour at 1am on Sunday 30 March
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Arts and Entertainment
The Doctor finds himself in a forest version of London in Doctor Who episode 'In the Forest of the Night'
TVReview: Is the Doctor ever going stop frowning? Apparently not.
News
Voluminous silk drawers were worn by Queen Victoria
newsThe silk underwear is part of a growing trade in celebrity smalls
Sport
footballMatch report: Real fight back to ruin Argentinian's debut
News
Candidates with surnames that start with an A have an electoral advantage
newsVoters are biased towards names with letters near start of alphabet
Arts and Entertainment
Isis with Lord Grantham (Hugh Bonneville)
TV
Arts and Entertainment
Jay James
TVReview: Performances were stale and cheesier than a chunk of Blue Stilton left out for a month
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Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?