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Page last updated at 06:31 GMT, Thursday, 13 May 2010 07:31 UK
Today: Thursday 13th May

David Cameron is preparing for his first cabinet meeting as prime minister as he puts the finishing touches to his historic coalition government. And the cost of paying overtime to police officers has doubled over the last ten years.

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The new coalition cabinet is meeting later today to examine how best to tackle the UK's budget deficit. Economics editor Stephanie Flanders explains the two parties' different approaches to the economy and whether they can agree a solution.

The Afghan president Hamid Karzai has been meeting President Obama this week to discuss the peace process in Afghanistan. Carl Forsberg, Afghanistan scholar at the Institute for the Study of War in Washington, outlines how much progress is being made.

Business news with Adam Shaw.

Fewer troops are suffering from post-traumatic stress disorder after serving in Iraq and Afghanistan, according to a new health study published in The Lancet. Professor Simon Wessely from the King's Centre for Military Health Research, explains the findings.

Spain has unveiled deep public spending cuts as it attempts to avoid being infected by Greece's financial turmoil. George Magnus, senior economics advisor to UBS Investment Bank, examines whether the European financial community will beat off the crisis. 0728
Sports news with Rob Nothman.

Tough decisions on how to make efficiency savings without disrupting front-line services will have to be made by the new coalition government. Health correspondent Jane Dreaper has visited an NHS hospital and a private clinic in Milton Keynes to examine if lessons can be learnt from private healthcare.

The Lib Dem manifesto contained a pledge to break up the big banks but the coalition with the Tories could affect this policy aspiration. Business editor Robert Peston comments on whether there will be tensions between Chancellor George Osborne and the Business Secretary Vince Cable.

The paper review.

A new book claims that innate sporting talent is not inherited, but obtained through sheer hard work and practice. Matthew Syed, Commonwealth champion table tennis player - and the author of Bounce: How Champions are Made - and Olympic gold medal winner Jonathan Edwards debate whether great sports stars are born or made.

Thought for the day with the writer Rhidian Brook.

The Labour leadership contest is underway after David Miliband declared his candidature. Other possible runners for the post are Jon Cruddas, Ed Balls and Ed Miliband. Former justice secretary Jack Straw comments on the leadership race and what it means for the Labour Party.

The new cabinet meets for the first time today and is expected to cut spending in a number of government departments to reduce the deficit. Political editor Nick Robinson comments on the likely areas to be cut. Health Secretary Andrew Lansley outlines whether NHS funding and provision will be affected.

Over the past six months the Today Programme has been receiving regular reports from Major Richard Streatfeild, commander of A Company of 4 Rifles, about what life is like on the front-line in Afghanistan. Major Streatfeild has now finished his tour of duty describes how he feels being back home with his family.

Sports news with Rob Nothman.

Energy policy could be an early flashpoint between the Conservatives and Lib-Dems who have different approaches to the future of energy security and whether to build nuclear power plants. Environment analyst Roger Harrabin outlines the two parties' policies, and Environment Secretary Chris Huhne comments on whether coalition members are in any agreement over energy.

Business news with Adam Shaw.

Will any of the exiting Labour ministers decide to reveal their government's secrets? Jonny Geller, literary agent and managing director of Curtis Brown Publishing House, and Chris Mullin, former Labour MP for Sunderland South who has written his memoirs, consider outlines the two parties' policies, which of the former Labour MPs will have the juiciest political memoirs.

The police in England and Wales are doing almost twice as much overtime as they were 10 years ago, a report by the Centre for Crime and Justice Studies has found. Chief Constable Peter Fahy of Greater Manchester Police, discusses the rise in overtime.

From Morecambe and Wise to Ant and Dec, the national newspapers have been having a ball with the new-found friendship between Nick Clegg and David Cameron. Obviously above such simple comparisons, Today brought Simon Hoggart of The Guardian and Andrew Gimson of the Telegraph together to ponder the deeper comic potential of the new coalition.



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