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Page last updated at 06:03 GMT, Friday, 8 August 2008 07:03 UK
Today: Friday 8 August 2008

PLEASE NOTE: We are unable to offer transcripts for our programme interviews. Today is broadcast live and the running order is subject to change.

It is expected that the Royal Bank of Scotland will announce losses of more than a £1bn. Banking analyst Ralph Silva, of the Tower Group, discusses the future of the sector.

Georgian forces and South Ossetian separatists have been exchanging heavy fire just hours after agreeing to a ceasefire and Russian-mediated talks. Edward Lucas, author of the New Cold War, discusses the air strikes.

To what extent is the housing market the business of government? The chancellor says he is looking at a range of proposals. Mark Thomas, of Shelter, and Peter Bolton King, of the National Association of Estate Agents, discuss how far the government should intervene.

The government is publishing a "risk register" - a list of the things that threaten our security. Ian Kearns, of the think tank IPPR, discusses why he is behind it.

Sports news with Garry Richardson.

The effectiveness of certain kinds of fertility treatment have been questioned in the British Medical Journal. The suggestion is that some common treatments are no more effective than leaving things to mother nature. The author of the study, Siladitya Battacharya, and Professor Robert Winston, of Imperial College London, discuss the treatments.

Today's papers.

With the price of petrol so high and heightened consciousness of our carbon footprints, do you ever wonder why no-one seems to go hitchhiking anymore? Evan Davis sets off to see how easily he can hitch to Bournemouth.

Thought for the day with Catherine†Pepinster, editor of the Tablet

Leaders from around the world arrive in the Chinese capital ahead of the opening ceremony of the Beijing Olympics. Conservative MEP Edward McMillan-Scott discusses why he has been campaigning for a boycott of the Games.

RBS, Britain's second biggest bank, has reported a loss of nearly £700m. Jon Moulton of Alchemy Partners, and Terry smith of Tullett Prebon discuss the swing from a £5.1bn profit.

Some Democrats are worried that mid-way through the summer, Barack Obama has not put enough distance between himself and his Republican rival John McCain. North American editor Justin Webb reports.

The Chinese capital is preparing to open the 2008 Olympic Games with a lavish ceremony. Olympics minister Tessa Jowell discusses the Games with Garry Richardson.

The Russian prime minister Vladimir Putin is reported to have said that "aggressive" Georgian action in South Ossetia will incur a "response" from Russia. James Rodgers reports.

Business news with Richard Scott.

The Olympics opening ceremony will begin at eight minutes past eight on the eighth day of the eighth month of the eighth year of the century. Sonia Ducie, a numerologist, discusses the Chinese lucky number.

The death of nine experienced climbers on K2 was caused by brutal weather, the freak collapse of an ice sheet and some human error. Wilco Van Rooijen, who was airlifted to safety, described what went wrong.

The MBA business degree is not just useless but positively dangerous, a new book argues. The author of the book, Philip Delves Broughton, and Sean Rickard of Cranfield School of Management, discuss the qualification.

Why isn't everyone hitchhiking like they used to? Two experienced hitchers, Simon Usborne and Tony Hawks, discuss Evan's free ride from London to Bournemouth.

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