PLEASE NOTE: We are unable to offer transcripts for our programme interviews. Today is broadcast live and the running order is subject to change.
The Lockerbie bomber is expected to be released from prison on compassionate grounds by the end of next week. The charity, Barnardos, says we are jailing far too many young children. And Hector Sants, chief executive of the Financial Services Authority, responds to criticism that he is soft on City bonuses.
The man convicted of the Lockerbie bombing in 1988 is going to be allowed to go home to Libya to die. Glenn Campbell reports on the reaction in Scotland to Abdelbasset al Megrahi's likely release.
The City regulator is outlining plans to curb bonuses in the banking industry. Publishing a new code of practice, which will be introduced next year, the Financial Services Authority (FSA) said banks should spread bonus payments over a longer period to avoid rewards for short term gains. Edward Hadas, assistant editor of the financial news website, Breakingviews.com examines the proposals.
Many of the children between 12 and 14 sent to jail in England and Wales last year should not be there according to the children's charity, Barnardo's. Reporter Nicola Stanbridge speaks to one 18-year-old who has been in and out of juvenile detention since she was 11 to find out what life is like for a young person in prison.
0719 Business news with Nick Cosgrove.
Russia's navy has been deployed to find a ship reportedly hijacked three weeks ago in the Baltic Sea. David Osler, who writes on maritime safety for Lloyd's List, discusses the latest developments in the mysterious disappearance of the Arctic Sea.
0725 Sports news with Garry Richardson.
A new wave of bombings in Iraq has killed about 160 people and raised fears of a return to sectarian violence between the Shiite and Sunni communities. The government of Iraq is predominantly Shiite, and yesterday on this programme a political adviser to the government - Saad Yusuf Al Mutalibi - blamed the attacks on Sunni religious groups based in Saudi Arabia. Correspondent Natalya Antelava visited a poor Sunni area of Baghdad to ask residents who they blamed for the violence. Security correspondent Frank Gardner gives his analysis of the latest violence.
0737 Today's papers.
Pheasants of the world, watch out. Lord Tebbit has written a book on cooking game which he says is an inexpensive and tasty alternative to bland supermarket chicken. So what is it like to be shot, de-feathered and cooked by Norman Tebbit? Evan Davis visits Lord Tebbit and his wife Margaret at their home to learn the art of cooking pheasant.
The children's charity Barnardo's says that too many children are being imprisoned in England and Wales and warns that the government's own sentencing criteria are being regularly ignored in the courts. Barnardo's chief executive Martin Narey and David Green, director of the think tank Civitas, discuss why more children are sent to jail in England and Wales than in any other country in Europe.
The Financial Services Authority (FSA) is being accused of being soft on city bonuses after a number of proposals were dropped from their new code on banking remuneration, which comes into force next year. FSA chief executive Hector Sants discusses whether the code will prevent the high-risk banking that was one of the causes of the credit crunch.
The Scottish government is expected to decide in the next week that Abdelbaset Ali al Megrahi, the one man imprisoned for the Lockerbie bombing, should be released on compassionate grounds as he is suffering from prostate cancer. Jim Swire, father one of the victims of the bombing, and Oliver Miles, former ambassador to Libya, discuss whether al Megrahi should be allowed to leave the country.
0828 Sports news with Garry Richardson.
Conservative front-bencher Alan Duncan has been widely criticised for his remark that MPs "have to live on rations" following the expenses scandal. Fraser Nelson, political editor of The Spectator, discusses the fall out from Mr Duncan's remark - which was secretly filmed by Heydon Prowse, of the magazine Don't Panic.
0837 Business news with Nick Cosgrove.
Russia in still in control of two breakaway regions of Georgia - South Ossetia and Abkhazia - one year on from the end of the five-day war between the two nations. Giorgi Kandelaki, deputy head of the foreign affairs committee in the Georgian parliament, and journalist Misha Glenny discuss whether the Russia's presence in the country will continue indefinitely.
The International Olympic Committee is to decide on new Olympic sports for the 2016 games. The candidates up for discussion include rugby sevens, golf and baseball - American baseball that is. Wyre Davis reports from Cardiff on fears that the British version of the game could die out.
Some 400 12 to 14-year-olds are behind bars in England and Wales, but the charity Barnardo's says 170 of them fail to meet the government's own criteria that custody be a last resort for that age group. Now, the House of Commons Justice Committee says there are inconsistencies in the way sentences are being imposed. Committee chairman Alan Beith discusses his concerns.
Has the recession, soaring public debt and the emergence of China, India and Brazil set the UK on a path of decline from which it cannot recover? Stryker McGuire, contributing editor of Newsweek magazine, and Ekow Eshun, director of the Institute for Contemporary Arts (ICA), debate the state of the nation.
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