In Westminster, Michael White witnesses the chancellor, George Osborne, clashing with his opposite number, Alistair Darling, on the final day of debating the Queen's speech. And as the government announces its intentions to restructure financial regulation, we speak to one of the original architects of the current tripartite system, Geoffrey Robinson.
Making his debut today at the despatch box as chief secretary to the Treasury, Danny Alexander gets a taste of the rough ride ahead. We hear the former Labour foreign secretary Margaret Beckett's thoughts on the new parliament and White previews a forthcoming set of Westminster Top Trumps playing cards.
At the Guardian's HQ, columnist Gary Younge tells Jon Dennis about the likely impact of the rightwing grassroots movement the Tea Party on today's primary elections in the United States.
City editor, Julia Finch, considers Sir Terry Leahy's career as chief executive of Tesco, and asks what his departure will mean for Britain's biggest supermarket.