In Full: Prime Minister's Questions

Hello and welcome to our live coverage of Prime Minister's Questions. As Greece flounders its way towards a second election, and with the future of its membership of the eurozone - and the possible effects on the UK economy - under debate, the great and good of Westminster will have their say. If Greece does leave, will the UK have to spend some more money? Government sources have ruled out contributing to a support fund, but expect demands for an explicit statement to come up at some stage.

But there is some better economic news for the government. Unemployment fell by 45,000 between January and March, figures out today reveal. Ed Miliband will be keen to avoid discussing this, but David Cameron will be at pains to raise it as much as possible. However, the Bank of England has this morning cut its growth forecast for the year from 1.2% to 0.8%.

And what about Theresa May's appearance at the Police Federation's appearance in Bournemouth. The home secretary is due to speak soon and the atmosphere, and discussion of spending cuts, might well be described as unfriendly. Any more hostility would be a gift for Mr Miliband at PMQs.

For the inside view, we will be joined, courtesy of BBC Two's Daily Politics, by Cabinet Office minister Mark Harper and shadow Scottish secretary Margaret Curran.

Among the lucky MPs placed at - or near - the top of the list to ask questions today are Conservatives Paul Maynard and Jo Johnson (brother of the re-elected Mayor of London Boris Johnson) and Labour's Meg Hillier. An interesting figure, lurking at number 11 in the list, is George Eustice. The Conservative MP for Camborne and Redruth is David Cameron's former press secretary. But he is also an ardent Eurosceptic who could push for commitments on Greece.

Margaret Curran tells Daily Politics the government's approach to police reforms has been "boneheaded and completely wrong".

The home secretary stands up to deliver her speech to the Police Federation. The response? Silence.

Mrs May tells police that she appreciates the sacrifices made by officers who battled to quell last summer's riots.

The home secretary adds that there is need for reform within the police service and the government has to take "tough decisions" over money.

The police are not being "singled out" for cuts, Mrs May says.

In the Commons, Northern Ireland Questions is taking place. There is quite a hubbub in the chamber, which is about half-full. Just under a quarter of an hour until David Cameron faces MPs for the first PMQs since last week's Queen's Speech.

The conference hall in Bournemouth is quiet as Theresa May continues to outline the government's case on changes to police budgets.

Daily Politics is looking at lobbying. Cabinet Office minister Mark Harper denies the government is going slow on the issue after no measures were included in the Queen's Speech.

David Cameron is in the Commons chamber. About five minutes to go now.

The Commons is very noisy, with most seats now occupied.

Ed Miliband is looking frantically through his notes. What will he ask about first? Theresa May is still addressing the Police Federation.

David Cameron is on his feet.

The BBC's Nick Robinson says Ed Miliband will want to challenge the Prime Minister on the economy saying Britain's economic problems are made in Downing Street and not Europe, but David Cameron is likely to point to falling unemployment and the problems in the Eurozone.

Mr Cameron pays tribute to servicemen killed in Afghanistan - Lance Corporal Lee Davies, 27, from 1st Battalion Welsh Guards; Corporal Brent McCarthy, 25, of the Royal Air Force.

Tory MP Paul Maynard welcomes today's figures showing a fall in unemployment. The PM thanks him.

There was silence from the opposition benches on that first mention of the unemployment figures

Ed Miliband stands up to cheers, genuine and ironic, from his supporters and detractors. He mentions unemployment, adding that the fall must be sustained by economic growth. He asks what discussions Mr Cameron has had with Francois Hollande, the new French president, who has spoken out against austerity measures. The PM replies that the government is pushing to revitalise the European economy.

The Labour leader makes a joke about Mr Cameron's contacts with Rebekah Brooks, suggesting the PM should text Mr Hollande with the message "LOL". The PM retorts with an anti-Gordon Brown joke, saying that at least he "uses" rather than "throws" his mobile phone.

That "LOL" reference got a loud cheer in chamber. But the volume went up further after Cameron's "throwing mobile phone" line

Mr Cameron adds that Mr Hollande does not back Labour's policy of "borrowing" the UK's way out of debt.

Ed Miliband moves on to the police and ask about cuts to frontline policing.

Across from the PM Ed Balls was making his now familiar "flatlining" gesture on the economy

Amid raucousness, Mr Miliband criticises Foreign Secretary William Hague for saying British business must "work harder".

Jeremy Hunt standing by the doors impassively so far - including during the "LOL" reference

Mr Miliband says the PM is sacking 5,000 frontline police, saying forces are "absolutely furious". But Mr Cameron says any party in power would have to reduce budgets.

Mr Cameron says Labour would cut police budgets more deeply. Mr Miliband tells MPs that Mr Cameron has broken promises to police and nurses. He asks how many fewer nurses there are now than in 2010. The PM replies that clinical staff numbers are up.

Away from the Commons, Mrs May is being questioned by police officers. One tells her that a proposal to pay new recruits £19k is "disgusting".

The ding-dong continues. Mr Miliband says there are 3,500 fewer nurses than when Mr Cameron entered Downing Street. He says the government is cutting taxes for millionaires and services for others. The PM says there has been a tax cut for every working person in the country. He mocks Mr Miliband's decision to replace Liam Byrne with Jon Cruddas as his policy chief, saying it shows he is "weak" and "left-wing". The leaders' debate is over.

Leader of the House Sir Peter Tapsell asks about the eurozone's future. Mr Cameron says it must take steps to help the weakest members - such as Greece - or make a choice about its future soon.

Mr Cameron is asked whether ex-News of the World editor Andy Coulson was vetted before he became the Conservative communications chief. Mr Cameron says there is "no smoking gun".

Off camera, Ed Miliband and Ed Balls share a private joke which they seem to find hilarious

Tory Jo Johnson praises the UK car industry, saying it is now a "net exporter". The PM calls this encouraging.

Labour's Hugh Bayley urges the government to reverse the VAT increase. Mr Cameron says the budget deficit requires such measures.

Conservative Caroline Dinenage praises an adult learning group in her Gosport constituency. She invites him to visit. The PM also pays tribute to the work.

George Osborne was whispering advice to the PM during a question about police service of NI

Tory Stuart Andrew urges more sales of council houses. Mr Cameron says the "right-to-buy" championed in the 1980s was a good policy. He adds that the discount on sales will be increased.

Labour's Ian Austin says the PM has suffered a "calamitous collapse" in his reputation for competence. But the PM says the coalition is coming up with a "textbook" response to problems caused by the previous government.

Mr Cameron says interest rates are low because the world has confidence in the UK's economic direction.

Jeremy Hunt - standing at the back - suddenly takes out a notebook and jots down a thought.

Labour's Tony Lloyd refers to the convictions in Rochdale of men who groomed girls in the area for sexual exploitation. Mr Cameron promises that it is vital to find out why this "truly dreadful case" happened.

The PM gets a friendly question on apprenticeships. He says the budget has been increased.

So far during the session Nick Clegg has nodded occasionally, but otherwise offers David Cameron very little visible support

Rochdale MP Simon Danczuk says girls in his Rochdale constituency went "to hell and back" at the hands of the men who have been convicted of sexual offences against them. Mr Cameron says recommendations for action to combat such behaviour should be available within a month.

Tory George Eustice says the UK must be a leading force in international science. Mr Cameron outlines the work being done to teach the next generation of scientists.

Labour's Dan Jarvis says an increase in home care charges is a result of government cuts. The PM questions the figures and adds that a white paper out this year will address the issue.

Lib Dem Tessa Munt says the government should insist anyone paid by the government should be on the official payroll and pay appropriate taxes. Mr Cameron says this is "spot on".

Labour's Peter Hain, who has stood down as shadow Welsh secretary, says backing the Severn Barrage project is a "no-brainer". Mr Cameron, who reveals he had listened to Radio 4's Farming Today on the issue says energy "co-operation" must be pursued across Europe.

Tory Chris Pincher praises the government's Work Programme. Mr Cameron says the difference between this and previous schemes is "payment by results".

Nick Clegg and George Osborne exchanged a joke about David Cameron's reference to Farming Today.

Ex-Labour Home Secretary Alan Johnson says "not a penny" of Regional Growth Fund money has reached Hull, where he is an MP. Mr Cameron promises to look at the claim. He adds that the government is putting more money into projects. That ends PMQs for this week.

The issue was not raised as much as expected at PMQs, but Downing Street has commented on the Greek situation. The PM's spokesman said it was up to the eurozone countries to resolve the crisis, adding: "The sooner these issues are addressed, the better."

BBC political editor Nick Robinson tells Daily Politics that underlying PMQs were two new strategies from the party leaders. Mr Miliband wanted to align himself with the new French President. Mr Cameron wanted to talk about how Labour's failure to back police reforms meant the party would have cut forces by more than the coalition. Both men were looking for new messages after the local elections, he adds.

A delegate at the Police Federation conference wins a round of applause when he tells the home secretary: "We no longer trust you. End of story."

Looking ahead to the G8 and the G20, Nick Robinson tells Daily Politics these will be "pressure points" where world leaders can push leaders in Europe to take action.

Theresa May's appearance at the Police Federation conference ends in silence. Many members raise banners protesting against the cuts, but there is no booing.

That concludes our coverage of Prime Minister's Questions for this week. It was a session when no single issue dominated, but there was still much to discuss on police cuts, unemployment, the economy, the Rochdale sexual exploitation scandal and the future of Europe. The next week looks set to be a busy one too. Please join us again next Wednesday for more debate from the House of Commons.