News in Picture

Tonight Justin Rowlatt reports on whether Britain is to join US President Barack Obama in limiting the size of banks and forcing them out of a series of activities which he regards as too risky and speculative.

The UK's City Minister Lord Myners has said that if banks fail in the future then their owners should pay the price.

Today, he has been chairing a meeting of officials from financial institutions and the world's richest countries on ways to prevent taxpayers from ever having to bail out banks again.

One of the items on the agenda will be whether banks or insurance companies should pay an insurance levy to cover the cost of any future bail-out.

Will there be a renewed push for a Tobin tax, which Gordon Brown floated at last autumn's G20 meeting, or living wills for banks so they can be broken up quickly if they collapse?

In a separate development, the BBC has learned that UK-based partners at Goldman Sachs are capping their 2009 pay and bonuses at £1m each.

Tonight, Paul Mason will be taking a closer look at the plan and asking what the Goldmans high earners do for their money.

And, when Labour came to power Tony Blair said his party would be judged by how it dealt with the poorest people in Britain.

Newsnight adopted two estates in Salford and through the lives of those living there tried to follow the successes and failures of government initiatives on a range of issues from encouraging single parents to work, to improving educational standards and dealing with juvenile crime.

Tonight, we return to Salford to see how its people have fared since we first visited over 11 years ago.

And, is modern art rubbish? In a new project this week artist Michael Landy, whose 2001 installation Break Down saw him destroy all of his possessions, is placing a huge industrial skip in the South London Gallery and inviting artists to fill it with what they deem their worst work.

What will end up in his "a monument to creative failure" and why is he doing it?

Join Jeremy at 10.30pm on BBC Two.