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Page last updated at 07:06 GMT, Thursday, 22 January 2009
Today: Thursday 22 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.

There must be profound changes to prevent a repeat of the current crisis in the banking system, the head of the Financial Services Authority has said. And President Obama has taken the oath of office for a second time, after getting the words wrong at his inauguration.

0709
Lord Turner, the head of the Financial Services Authority, has said that parts of the banking industry's current regulatory system were "seriously deficient". Gillian Tett, assistant editor of the Financial Times, discusses if these problems were shared by bankers, central banks, finance ministers and academics across the world.

0712
A leading pharmacologist is warning that his subject is not being taught widely enough to medical students. Professor David Webb, of Edinburgh University, discusses his views - which will be put to the Commons Health Select Committee - with Professor Peter Rubin, chair of the education committee at the General Medical Council.

0718
How far should the rights of an individual be compromised to protect sport from drugs? Sports correspondent James Munro reports on a number of athletes in Belgium who have begun legal action over the introduction of the new world anti-doping code, claiming it is an infringement of their human rights.

0722
Business news with Adam Shaw.

0724
Average temperatures in the Antarctic have been rising for the last 50 years, scientists have discovered. Science correspondent Tom Feilden explains why incomplete records have led to difficulty with measuring temperatures in the Antarctic up to now.

0727
Sports news with Garry Richardson.

0734
A number of the most serious violent crimes will be excluded from latest figures because of doubts over the accuracy of the statistics. Dr Marian FitzGerald, a criminologist at the University of Kent, and Ian Johnston, chief constable to the Transport Police, who also speaks for Acpo, discuss the release of details about the 18 police forces that undercounted crime figures.

0741
Today's papers.

0744
President Obama has sworn the oath of office for a second time - because one word was given out of order during Tuesday's ceremony. Historian Simon Schama discusses why the president has taken the oath again.

0748
Thought for the day with the Reverend Angela Tilby, vicar of St Bene't's Church in Cambridge.

0751
"Know that America is a friend to each nation," the new US President Barack Obama told the world in his inauguration speech, adding that: "We are ready to lead once more." Lord Patten, former European commissioner for external affairs, discusses his warning that if President Obama turns out to be as multi-lateral as promised, life could become rather less comfortable for Europe.

0810
There must be profound changes to prevent a repeat of the current crisis in the banking system, the head of the Financial Services Authority has said. Lord Turner discusses his role and whether parts of the regulatory system are "seriously deficient".

0823
It is the 250th anniversary of the birth of Robert Burns. BBC Scotland is marking the moment by launching an audio archive project which will involve over 600 of his works being read by well known figures. Prince Charles reads the poem My Heart's in the Highlands.

0825
China is bracing itself for the world's biggest annual migration. Every year around 200m people go home to celebrate the Chinese New Year. Beijing correspondent James Reynolds joins some of the travellers making the trip who, because of the downturn, may not be able to return to their jobs.

0826
Sports news with Garry Richardson.

0835
The Winter of Discontent began 30 years ago with the first public sector day of action. Less than four months later a general election made Margaret Thatcher prime minister. Rodney Bickerstaffe, formerly of public sector workers' union the NUPE, and Will Hutton, chief executive of the Work Foundation, remember the action of the 1970s and discuss if a public sector uprising could happen once again.

0843
Business news with Adam Shaw.

0846
Two men get the death penalty and an ex-dairy boss gets life for China's tainted milk scandal. Correspondent Quentin Sommerville reports on the first sentencing after almost 300,000 fell ill from drinking contaminated formula milk.

0848
There has been a dramatic increase in the illegal harvesting of freshwater pearls. Scotland correspondent Lorna Gordon reports from the Highlands, as half of the 150 rivers still thought to have populations of freshwater mussels containing pearls are in Scotland.

0851
The government is complacent in the way it deals with personal information held in its databases, data protection experts believe. Correspondent Angus Stickler reports on accusations that millions of government records contain errors.

0856
Scotland's wild red deer may be lost if they continue breeding with a foreign species, scientists warn. Helen Senn, report author of the University of Edinburgh, discuss the increasing influence of Japanese sika deer, which was brought to Scotland in the 19th Century.




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