This sounds very much like a defective CCD imager. If so, Canon should fix this for you for free, including free shipping both ways. This is regardless of your camera's warranty status. Please check the following two links for more info:
http://camerarepair.blogspot.com/2007/11/canon-digital-cameras-showing-black.html
And this applies worldwide. For the UK and your A70:
http://www.canon.co.uk/Support/Consumer_Products/products/cameras/Digital_Compact/Powershot_A_series/PowerShot_A70.aspx?type=important&faqtcmuri=tcm:14-522149
Click on the "Service & Repair" link in the left column of the above link to find the nearest service center to you. Make sure that you make it very clear to this service center that your submitting your camera for evaluation and free repair under the CCD advisory.
Applicable cameras include:
A40, A60, A70, A75, A80, A85, A95, A300, A310, S1 IS, S60, S200, S230, S330, S400, S410, S500, SD100, SD110, IXUS V2/300/400/430/500, IXY Digital 200a/300a/400/450/500