E.On cutting gas prices by 3.3% Energy firm E.On will cut its gas prices for domestic customers by 3.3% - an average of £25 a year - from Saturday. Pension view 'not radical enough' The author of an influential report into the future of pensions in the UK tells the BBC his proposals were not radical enough. Mortgage repayment quickens Homeowners in the UK paid back a record amount of their outstanding mortgage debt during the first three months of 2009. Crackdown on credit card cheques Unwanted credit card cheques will be banned and a new post created to help consumers get refunds, the government says. Pensions 'threat' to Royal Mail Failure to resolve the Royal Mail's huge pension deficit threatens the UK's universal postal service, it has been claimed. More defaults expected on loans Defaults on loans have risen and are expected to increase in the coming months, a Bank of England survey finds. Costs hit low-income households Rising costs are hitting the incomes of those on minimum household budgets, the Joseph Rowntree Foundation says. Private pension woes increase Problems with personal pensions drive a 10% increase in complaints to the Pensions Advisory Service. Machete sold to 15-year-old boy Trading standards officers call for a ban on online knife sales after a machete was sold to a 15-year-old for £1.50 over the internet. Fraud inquiry starts at Keydata The Serious Fraud Office is investigating the disappearance of up to £103m of clients' money at the insolvent investment company Keydata.