Today: Friday 6th July

Drug company GlaxoSmithKline pleaded guilty to violations involving 10 drugs and paid a record fine of $3bn in the US. The brightest children are being let down by England's school system, a study for education charity the Sutton Trust says. And also on today's programme, the milk farmers dispute that is threatening to spill over into the Olympics.

We are no longer providing clips of every part of the programme but you will be able to listen via the BBC iPlayer .

0615
Business news with Simon Jack, looking ahead to the latest job figures in the US released later today.

0709
England is neglecting its brightest children, leaving them lagging far behind youngsters overseas, new research from the Sutton Trust suggests. Sir Peter Lampl, chairman of the Sutton Trust, explains the findings of the report.

0713
Drug company GlaxoSmithKline have had to pay a fine of $3bn (£1.9bn) in the United States because of the way they endorsed two anti-depressants. Sir Iain Chalmers, coordinator of the James Lind Initiative, shares his thoughts on the issue.

0716
Business news with Simon Jack.

0719

The Church of England's ruling Synod begins a meeting in York today that could see it take the historic decision to create women bishops, breaking a tradition the Church traces back to the time of Jesus. The BBC's Robert Pigott reports.

0723
Sports news with Garry Richardson.

0731

Dairy farmers are threatening to protest during the Olympics over cuts to the price of milk. Dairy industry analyst Ian Potter, and Peter Kendall, president of the National Farming Union, debate the issue.

0739
The paper review.

0742
The British Library is publishing four original recordings of Tom Stoppard's radio plays to mark the playwright's 75th birthday. The actor John Hurt, who played Albert in the 1967 BBC Radio production of Albert's Bridge, speaks to Justin Webb about the play and the playwright.

0747
Thought for the Day with Lord Harries of Pentregarth, Gresham Professor of Divinity.

0750

Anna Smith, head of curriculum at Parkside Federation comprehensive school, and Christine Blower, chief executive of the NUT, debate the Sutton Trust's research that found English school children are lagging behind overseas students.

0810

Drug company GlaxoSmithKline pleaded guilty to violations involving 10 drugs. The Today programme's Tom Feilden reports and Stephen Whitehead, chief executive of Association of the British Pharmaceutical Industry, shares his thoughts on how this has affected the industry.

0825
Sport news with Garry Richardson.

0832
The Times has reported comments by the Education Secretary, Michael Gove, that some school governors are "local worthies" seeking a badge of status and the chance to waffle about faddy issues. Trevor Averre-Beeson, director of Lilac Sky Schools, and Emma Knights, chief executive of the National Governors Association, give their reaction.

0838

The mummy porn novel Fifty Shades of Grey has made the subject of sex, fashionable again. Author John Banville, and Rachel Johnson, whose book Shire Hell was the winner of the bad sex in fiction award in 2008, debate how to write about sex.

0844

Russia's lower house of parliament will be debating a draft law later today which, if it is adopted, means that any non-governmental organisation in Russia receiving funding from abroad and considered to be engaged in political activity, will be labelled a "foreign agent". The BBC's Steve Rosenberg reports on whether Russia is becoming more authoritarian, following the return of Vladimir Putin to the presidency.

0849
Business news with Simon Jack.

0852
Reverend Rose Hudson-Wilkin, chaplain to the Speaker in the Commons, and Susie Leafe, a lay member of the General Synod, debate the Church of England's final vote - expected on Monday - on the creation of women bishops.

0856
Three leading UK charities have warned that the number of children living in vulnerable families will rise to more than a million over the next three years. Jonathan Portes, from the National Institute of Economic and Social Research, shares his thoughts.

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