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
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Migrant crisis: UN official Philippe Douste-Blazy reveals the harrowing sights he encountered among refugees arriving on Lampedusa

‘Can we really just turn away?’

Dead bodies, men drowning, women miscarrying – a senior UN figure on the horrors he has witnessed among migrants arriving on Lampedusa, and urges politicians not to underestimate our caring nature
Nine of Syria and Iraq's 10 world heritage sites are in danger as Isis ravages centuries of history

Nine of Syria and Iraq's 10 world heritage sites are in danger...

... and not just because of Isis vandalism
Girl on a Plane: An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack

Girl on a Plane

An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack
Why Frederick Forsyth's spying days could spell disaster for today's journalists

Why Frederick Forsyth's spying days could spell disaster for today's journalists

The author of 'The Day of the Jackal' has revealed he spied for MI6 while a foreign correspondent
Markus Persson: If being that rich is so bad, why not just give it all away?

That's a bit rich

The billionaire inventor of computer game Minecraft says he is bored, lonely and isolated by his vast wealth. If it’s that bad, says Simon Kelner, why not just give it all away?
Euro 2016: Chris Coleman on course to end half a century of hurt for Wales

Coleman on course to end half a century of hurt for Wales

Wales last qualified for major tournament in 1958 but after several near misses the current crop can book place at Euro 2016 and end all the indifference
Rugby World Cup 2015: The tournament's forgotten XV

Forgotten XV of the rugby World Cup

Now the squads are out, Chris Hewett picks a side of stars who missed the cut
A groundbreaking study of 'Britain's Atlantis' long buried at the bottom of the North Sea could revolutionise how we see our prehistoric past

Britain's Atlantis

Scientific study beneath North Sea could revolutionise how we see the past
The Queen has 'done and said nothing that anybody will remember,' says Starkey

The Queen has 'done and said nothing that anybody will remember'

David Starkey's assessment
Oliver Sacks said his life has been 'an enormous privilege and adventure'

'An enormous privilege and adventure'

Oliver Sacks writing about his life
'Gibraltar is British, and it is going to stay British forever'

'Gibraltar is British, and it is going to stay British forever'

The Rock's Chief Minister hits back at Spanish government's 'lies'
Britain is still addicted to 'dirty coal'

Britain still addicted to 'dirty' coal

Biggest energy suppliers are more dependent on fossil fuel than a decade ago
Orthorexia nervosa: How becoming obsessed with healthy eating can lead to malnutrition

Orthorexia nervosa

How becoming obsessed with healthy eating can lead to malnutrition
Lady Chatterley is not obscene, says TV director

Lady Chatterley’s Lover

Director Jed Mercurio on why DH Lawrence's novel 'is not an obscene story'
Farmers in tropical forests are training ants to kill off bigger pests

Set a pest to catch a pest

Farmers in tropical forests are training ants to kill off bigger pests