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Page last updated at 06:47 GMT, Friday, 30 July 2010 07:47 UK
Today: Friday 30th July

Chancellor George Osborne has said the Ministry of Defence will have to pay for a new Trident nuclear weapons system. And the Government is setting out proposals to reform the welfare system so that people can go back to work without seeing their incomes fall.

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Business news with Nick Cosgrove: Roger Altman, of Evercore, discusses the UK and US economy. And Friday boss Steve Holliday, chief executive of the National Grid, talks gas and electricity.

Last February saw 173 people die and hundreds of homes destroyed, in Australia's worst bushfire disaster. Phil Mercer reports from the town of Kinglake, one of the worst-affected communities, on an investigation into the causes of the tragedy.

BA has made a loss of £164m before tax for the period between April and June. Douglas McNeil a transport analyst at stockbroker Charles Stanley and General Secretary of Unite Derek Simpson discuss the results.

Ten years on from the fuel protests that ground the UK to a halt, have we learned the lessons on food security? Science correspondent Tom Feilden investigates.

The Chancellor George Osborne has said the £20bn cost of replacing the UK's Trident nuclear deterrent will have to be paid from the Ministry of Defence's core budget. Professor Malcolm Chalmers of the Royal United Services Institute for Defence and Security Studies discusses whether this will delay the Trident renewal.

A businessman from Cheshire, Arran Coghlan, has been cleared of killing an underworld figure well known to the police. It is the the third time Mr Coghlan has been cleared of killing criminals. Nick Ravenscroft reports.

Sports news with Rob Bonnet.

The government is set to announce that the public will be given the power to veto excessive council tax rises in England. Communities Secretary, Eric Pickles, reviews the new proposals.

For hundreds of years, sailors in the Royal Navy would be given a daily tot of rum. That tradition came to a close 40 years ago tomorrow. Commander David Allsopp explains the significance of Black Tot Day.

The paper review.

Pink Floyd's song Another Brick in the Wall has become an underground anthem of resistance for those opposed to the Tehran regime. Sepp and Sohl of the rock band Blurred Vision discuss their re-working of the song.

Thought for the day with Professor Mona Siddiqui from the University of Glasgow.

Former cricketer and Pakistani opposition politician Imran Khan has expressed his anger at the effect the war in Afghanistan has had on Pakistan. He explains why he believes his country is being made a scapegoat for what he argues is the failure of the war in Afghanistan.

The government is set to publish its proposals for reform of the welfare system. Work and Pensions Secretary Iain Duncan-Smith explains how he hopes to simplify the tax and benefit system and encourage the long-term unemployed to take up work.

The Norwegian journalist who wrote The Bookseller of Kabul has been ordered by a court to pay damages to the family whose lives she described in the book. Asne Seierstad, the book's author, and Shah Muhammad Rais, subject of the book, discuss the case.

Sports news with Rob Bonnet.

Next week marks the 10th anniversary of the fuel protests, where a lorry driver blockade exposed what many saw as a weakness in UK food security. Andrew Opie, of the British Retail Consortium, and Tim Lang, professor of food policy at City University London, evaluate whether the country has secured its food supply.

Business news with Nick Cosgrove.

With Dallas, Eastenders, Knight Rider and the A-Team, the 1980s was a period full catchy theme tunes. But what can you whistle from the TV series of the 2000s? Theme music composer Simon May and former BBC scheduler Stephen Price debate whether the art of the theme tune is dead.

A dispute is underway between the Treasury and Ministry of Defence over who should pay for Britain's nuclear deterrent. Former First Sea Lord Admiral West explains why he believes the Treasury should still foot the bill.

A new book argues that hedge funds have survived the financial crisis better than many institutions. Sebastian Mallaby, author of More Money Than God: Hedge Funds and the Making of a New Elite, lays out his argument.


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