The Deputy Prime Minister Nick Clegg has suggested a temporary new tax on the wealthiest to help economic recovery. The honours system is accused by MPs of favouring Whitehall mandarins and celebrities over unsung local heroes. Also on today's programme, is there any truth at all in all the rumours and sightings of big cats?
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: After six years it appears the United States may have finally put its housing crash behind it.
0743 The British architect Sir David Chipperfield says that the financial crisis has changed the way that people are looking at the built environment, and architects are responding. He debates his thoughts with Maxwell Hutchinson, former president of the Royal Institute of British Architects.
0748 Thought for the day with Vishvapani, a member of the Triratna Buddhist Order.
0751 The Paralympic Games open today and the film director Stephen Daldry has devised a spectacular opening ceremony in the Olympic Stadium in East London. Sir Philip Craven, president of the International Paralympic Committee, and Marc Woods, a Paralympic swimmer, discuss the upcoming festival of sport.
0841 French prosecutors have opened a murder investigation into the death of Yasser Arafat, who died in Paris eight years ago. Middle East editor Jeremy Bowen explains how the former PLO leader's family believe he may have been killed by radioactive poisoning, a claim made in a French TV documentary.
0844 California is suffering one of its worst summers for wildfires in recent memory, but it has a little-known secret weapon in its fire fighting war chest, the humble mule has been used by the US Forest Service for decades to haul equipment and vital supplies in remote mountainous areas. Peter Bowes went to Mammoth Lakes, in the Sierra Nevada mountains, to see them in action.
0848 Lord Digby Jones, who gave evidence to the Public Administration Committee looking in to the honours system, shares his views on whether the system should be reformed.
0853 Will the Paralympics change the public attitude towards disability, and if so, how? Richard Hawkes, chief executive of Scope, and the BBC's disability correspondent Peter White, discuss whether the Paralympics can improve attitudes towards disabled people.
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