PLEASE NOTE: We are unable to offer transcripts for our programme interviews. Today is broadcast live and the running order is subject to change.
Two more MPs have rejected suggestions that they flouted the rules over their expenses. A parliamentary committee says big City bonuses were partly to blame for the banking crisis. And as more public funds are pledged to the 2012 London Olympics is, the planned sporting legacy of the games under threat?
A committee of MPs has identified City bonuses as a major cause of the banking crisis which has pushed the economy into recession. In the third of four reports on the banking crisis which began in 2007, the Treasury Committee attacks the management of the banks. Business editor Robert Peston reports on the culture of paying huge bonuses to bankers.
Is there any point in carrying out opinion polls in an atmosphere of public outrage against politicians from all three of the main parties? John Curtice, Professor of Politics at the Strathclyde University, discusses what role the expenses controversy will play in the outcome of the next general election.
The Government revealed this week that it is going to increase public funding of the £1bn Olympic village project. The athletes' village was originally to be entirely funded by a private-financing deal which now seems to have collapsed. The total public bailout of the project now totals £650 million and has put more pressure on the already-strained contingency budget, which now stands at £1.1bn (down from £2.7bn). Tim Lamb, chief executive of the CCPR, the umbrella body for sports bodies across the UK, discusses the latest funding problems.
Some of the first US soldiers to be sent to Afghanistan as part of the "military surge" have arrived in Wardak province, near to the capital Kabul. The Taleban gained strength in the area over the past year, threatening locals who cooperated with foreign troops or the Afghan government. The 10th Mountain Division of the US Army, now based in the province, has the challenge of persuading the population to back them rather than the insurgents. In our second piece from Wardak, our Afghanistan Correspondent Ian Pannell, reports.
0728 Sports news with Garry Richardson.
The MPs expenses scandal is now in its eighth day. Shadow foreign secretary William Hague discusses what needs to be done to clean up the system and ensure transparency.
A museum of Victorian life, complete with cobbled streets, shops and cottages, is to be sold at auction. The Shambles museum in Newent, Gloucestershire, closed last October after the owners decided to pursue other projects. Correspondent Jon Kay reports on the hundreds of items in one of the largest collections of everyday Victoriana in the UK.
0748 Thought for the day with Abdal Hakim Murad, Muslim Chaplain at the University of Cambridge.
According to the latest report from the Commons Treasury Committee, City bonuses contributed to the financial crisis by encouraging "reckless and excessive risk-taking". John McFall, chair of the Treasury Committee, and Oliver Kamm, Times columnist and former hedge fund manager, discuss whether big City bonuses were partly to blame for the banking crisis.
The expenses row has led to a cataclysmic collapse in public confidence in representative democracy. James Naughtie visits the Marsh Farm estate in Luton, which borders on the seat of Margaret Moran MP - who was revealed to have spent £22,500 of taxpayer's money on curing dry rot in a house many miles from both her constituency and Westminster - and to Tatton, where in 1997 Martin Bell campaigned against Neil Hamilton on an "anti-sleaze" agenda.
If Islam is not compatible with modernity, can Islam ever comfortably conform to Western society? Ali Allawi, former cabinet minister in the Iraqi post-war governments, argues in his new book The Crisis of Islamic Civilisation that Muslim modernisers have been seduced by a certainty in scientific knowledge to the extent that they are now Muslim in name alone.
0827 Sports news with Garry Richardson.
A group of MPs has identified City bonuses as a major cause of the banking crisis that pushed the economy into recession. In the third of its reports on the crisis, the Treasury Committee says the huge payments encouraged bankers to take excessive risks. Liberal Democrats treasury spokesman and deputy leader, Vince Cable, says there must be radical change in both the culture and regulation of the banking system.
0841 Business news with Nick Cosgrove.
Samantha Morton is an award-winning British actress who has worked with some of the biggest names in cinema including Steven Spielberg and Woody Allen. But she also likes to choose more challenging projects, and is making her directorial debut with The Unloved, a harrowing story of 11-year-old Lucy, a child cut adrift in the care system. It is inspired by Morton's own difficult and disrupted childhood. She was taken into care as a baby and at seven she was made a ward of the court and never went home again. Sarah Montague talked to her about "the compulsion" to make a film about being in care.
It is common in Cuba to find ordinary houses or flats where the owners serve up meals for small groups of paying customers. Now the concept has come to Britain. All this week, 10 amateur cooks from the north-east of England are inviting members of the public into their homes for supper. The event is part of the Eat Newcastle Gateshead festival. So what is the attraction? Reporter Luke Walton found out by joining the preparations at one of the households taking part.
Has the recession and the outrage over bankers' bonuses and MPs' expenses fundamentally changed our attitude towards money? Where once we were relaxed about ourselves or others lining our pockets, is having money now something to be embarrassed about? Oliver James, a psychologist who has written a book called Affluenza, and Jonathon Aitken, the Conservative cabinet minister who went to jail and is now a prison reformer, discuss whether our attitudes to wealth is changing.