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Page last updated at 10:30 GMT, Tuesday, 20 January 2009
Today: Tuesday 20 January 2009

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

Thousands of people are making their way to Washington for the presidential inauguration of Barack Obama. The head of the British army, Sir Richard Dannatt, has warned that soldiers in Afghanistan are stretched "to the very limit." And bank shares have fallen despite the announcement of a second government bail-out scheme.

0709
The head of the British army, Sir Richard Dannatt, has warned that soldiers in Afghanistan are stretched "to the very limit." Defence correspondent Caroline Wyatt reports the outspoken attack on the strains placed on the lives of serving soldiers.

0712
Barack Obama will not only be faced with crises in the Middle East and the financial markets on his first day as US president, but also the crumbling US roads and bridges. Jim Naughtie reports from Washington on the uphill struggle the president will face following through on his commitment to rebuild the US's ailing infrastructure.

0720
Business news with Adam Shaw.

0723
Rail unions are worried that train companies will start cutting services as the downturn starts to bite. National Express has already announced that it is to cut 300 jobs. Bob Crow, general secretary of the RMT union, discusses his fears over the future of the transport network.

0726
United Nations Secretary General Ban Ki-moon is visiting the Gaza Strip to see for himself the effect of the Israeli offensive. The scale of devastation in parts of Gaza is becoming clear, with at least 50,000 people believed to have been left homeless and whole neighbourhoods in the crowded territory destroyed. Christian Fraser reports from the north of Gaza City.

0728
Sports with Garry Richardson

0736
More than 140 British troops have died in Afghanistan, and the strain of continuing military operations is placing an unbearable burden on serving military personnel, according to the head of the British army. Defence Secretary John Hutton, who is in Afghanistan to visit the British troops, debates whether the war there is worth the hardships faced by soldiers on the front line.

0742
Today's papers

0745
Will Barack Obama's inaugural speech, like those of John F Kennedy and Franklin D Roosevelt, go down as one of the great moments in US presidential history? Jim Naughtie examines what it takes for an inaugural speech to make its mark.

0750
Thought for the day with DrIndarjitSingh.

0753
The stock market has responded badly to the government's latest scheme to shore up Britain's financial institutions, with bank shares seeing heavy falls. Sir Peter Burt, former deputy chairman of HBOS, debates whether full nationalisation is the solution to the falling value of RBS.

0810
Barack Obama is to be sworn in as president of the United States. Jim Naughtie reports from Washington as thousands of people make their way to the capital to witness the historic inauguration.

0818
Bank shares have fallen sharply despite the announcement of a second government bail-out scheme. Business editor Robert Peston reports on the latest turmoil in the financial markets.

0822
The government's attempt to bailout Britain's banking system did not prevent the big banks from facing a turbulent time on the increasingly nervous financial markets. Sir Alan Budd, who was chief economic advisor at the Treasury between 1991 and 1997, gives his insight into the work going on behind the scenes in the Treasury to try and shore up the financial institutions.

0827
Sport news with Garry Richardson.

0833
Russian gas company, Gazprom, says it has turned the taps back on and supplies are flowing into Europe. Correspondent James Rodgers analyses whether this is the end of the gas dispute between Russia and Ukraine.

0837
Valkyrie, a film that tells the story of Colonel Claus von Stauffenberg, the leader of the failed plot to assassinate Hitler in July 1944, is to receive its German premiere. But how accurate is the Hollywood depiction of a good German on a campaign to slay the Nazi dragon? Times columnist Ben Macintyre and novelist Justin Cartwright debate whether film can handle the complexities of history.

0840
Business news with Adam Shaw.

0845
The theory of evolution did not simply pop into existence, it developed over a long period of time and continues to develop to this day. Biologist Sean B Carroll has charted the emergence of the evolution revolution from Darwin's Origin of Species 150 years ago to the complex science of genetics. He talks to science correspondent Tom Feilden about the evolution of the idea.

0850
Brazilian footballer Kaka has turned down what would have been a world-record transfer to Manchester City with a reported weekly wage of 500,000. Former England international Graeme Le Saux explains that footballers do not only care about money.

0855
How do Washington insiders feel about Barack Obama? Ben Bradlee, editor of The Washington Post from the 1960s to the 1990s, says nobody knows how Obama is going to respond to the challenges of the presidency.




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