Today - 29/09/2008

Presented by James Naughtie and Evan Davis. Robert Peston and Vince Cable, Liberal Democrat treasury spokesman, discuss the government's decision to nationalise Bradford and Bingley. Justin Webb reports from Washington on the multi-billion dollar rescue plan for the US financial system. Conservative MP David Willetts gives Evan Davis a tour of Birmingham. The National Housing Federation chief executive David Orr and Housing Minister Caroline Flint discuss affordable homes in rural England. Virgin Radio has been taken over and will re-launch as Absolute Radio. Media correspondent Torin Douglas reports on a new mood of optimism in commercial radio. Thought for the Day with Dr Indarjit Singh, director of the Network of Sikh Organisations. Chancellor Alistair Darling and Shadow Chancellor George Osborne discuss the nationalisation of Bradford and Bingley. Nick Robinson gives his analysis of an awkward Conservative Party Conference. Sherry Jones, author of The Jewel of Medina, reacts to a firebomb attack at her publishers' office in London. The Sound of Music will soon be 50 years old and a museum to celebrate its world success is being planned in Salzburg. Jonny Dymond reports. US lobbyist Mark Bloomfield discusses the vote on the new 700 billion dollar deal to rescue America's financial system. Steven Dorrell, former Conservative Financial Secretary, and Will Hutton, chief executive of the Work Foundation, discuss the success of building societies becoming banks in the 1990s.