Wednesday 8 July 2009
From Emily Maitlis:
The task ahead of us tonight, viewers, is to get through the programme without using the phrase 'macro-prudential regulation'. In fact, we are providing an office swear box. 5p goes in every time it slips from the lips. And as you can imagine, it already feels heavy enough to bail out a small building society.
But enough of that. I have just returned from Number 11 Downing Street where I have been interviewing the chancellor. We talked about his plans to stop 'kamikaze bankers' and a future market crash, and what he really made of that £9.6m RBS bonus. As we discussed financial regulation, I also asked him about that other curious 'tripartite system' - Brown/Balls/Mandelson - which appears to be trying to make decisions without him. Watch a clip here, and if you'd like to read our Economics Editor Paul Mason's reaction to today's banking White Paper click here.
The full interview with Alistair Darling will be in tonight's programme, when we'll also be asking the head of the OECD what he makes of the economic position Britain is in.
As yet another major company, this time IBM, announces that they plan to close their final salary pension scheme to existing members, we discuss whether we are witnessing the death of retirement. Will we have to work until we drop? What are the cultural implications of an army of young working to support the elderly and infirm? And should we be looking at an entirely radical new way to work and save?
And it's 25 years since Bob Geldof sent Band Aid to the top of the charts in the name of famine relief. But what has actually changed in Ethiopia since then? Can aid ever cure a country? As the G8 pledges to put Africa high on the agenda this week, we have an indepth report from Ethiopia. Read more about it here.
Join us at 10.30pm on BBC Two.