Cheques will be phased out by October 2018, but only if adequate alternatives are developed, the body that oversees payments strategy has said. The board of the UK Payments Council has set the date in ...

"Acceptable" alternatives to cheques are still being devised by the banking industry Plans to phase out cheques from 2018 have faced renewed criticism. Conservative MP Andrew Tyrie, chairman of the ...

Do you pay the milkman by cheque? Slip a surprise cheque in a Christmas card to a grandson or granddaughter? Or maybe you simply don't trust direct debits when dealing with gas and electricity ...

Despite falling out of popularity in recent years, the former darling of the overseas money markets should still be a part of your travel wallet. Once the darling of the overseas money markets, ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Banks and building societies are being urged to take action to ensure cheques are still widely accepted, amid ...

Australians will soon not be able to cash cheques under a bold plan to modernise the way people get access to their money. The decision will see cheques phased out by the end of the decade under ...

Cheques could be reprieved as a result of a Treasury Select Committee inquiry into their abolition, following pressure from consumer groups and charities. The inquiry, chaired by Andrew Tyrie MP, will ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A group of MPs has claimed that it has been inundated by letters from the public saying that they rely on ...

Changing habits: People pass a bank in Singapore. Experts say specific uses for cheques still exist, especially for high-value transactions such as property or car payments. — Reuters SINGAPORE: ...

Plans to phase out cheques from 2018 have faced renewed criticism. Conservative MP Andrew Tyrie, chairman of the Treasury select committee, said the banks' approach had been "high-handed" and the ...