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BBC TwoNewsnight
Last Updated: Wednesday, 28 March 2007, 16:20 GMT 17:20 UK
Wednesday, 28 March, 2007
By Robert Morgan
Programme Producer, BBC Newsnight

HMS Cornwall

Presented by Jeremy Paxman


It's been a day of frantic diplomatic activity. There are reports that Faye Turney - the sole woman amongst the 15 Royal Navy personnel seized by the Iranians - might be released within the next 24 hours; Margaret Beckett has announced a freeze on all official business between Britain and Iran until all the crew is released unharmed and the Ministry of Defence published evidence which it says proves that the captured sailors were well within Iraqi waters when they were seized on Friday.

Our very own Mark Urban will help navigate us through these murky waters...

Private equity

Private equity firms still appear to have their sights firmly set on Sainsbury's - despite the supermarket's announcement of positive trading figures this morning.

Are such takeovers a good or bad thing? Paul Mason will be on hand to explain all and a leading figure from the private equity industry goes head to head with his union critics.

Guido Fawkes

He says that traditional political journalists are too close to the very MPs they claim to scrutinise and so short change the viewer. They say that he misunderstands their role.

Who is right - the controversial blogger or the political lobby? In a special piece - Guido confronts his broadcast and print counterparts - and goes up against the Gaurdian's Michael White, live.

Dicing with defeat

And we'll bring you the latest from the knife-edge Commons and Lords votes which may scupper the government's plans to build a new supercasino in Manchester.

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