The FT’s Robert Wright discusses the UK government’s controversial decision to back a new runway at London’s overcrowded Heathrow airport.


Italy’s Banca Monte dei Paschi di Siena, one of Europe’s most troubled lenders, has announced a new restructuring plan. Martin Arnold is joined by the FT’s Christopher Thompson and Filippo Alloatti of Hermes Investment Management to discuss whether the turnround plan can work. Music: Kevin MacLeod


Martin Arnold and guests discuss the latest turnround plan announced by Italy’s Monte dei Paschi, western investment banks’ struggle to make money in Asia and the impact of low interest rates on US retail banks, with special guests Filippo Alloatti of Hermes Investment Management and Mike Mayo, banking analyst at CLSA.


Time spent waiting is an opportunity to catch up with emails, reading and phone calls, says Lucy Kellaway


The Supreme Leader Ayatollah Ali Khamenei has led the Islamic Republic since 1989. But after the nuclear deal with the US, questions have been raised over whether it is necessary to have a senior cleric in charge, says Najmeh Bozorgmehr. Now reformists and hardliners have begun to position themselves for influence over the future of the country


In a US election dominated by character attacks, coal country stands out as a region where a single policy question — what to do about unemployed miners — still eclipses all else. The FT’s Barney Jopson reports from the mountains of Appalachia


Gary Grant found that his “ethical” approach to business that put people before profits, helped his toy shop chain thrive when others were closing down.


To celebrate the FT’s Business Book of the Year Award, our star columnists recommend six classic business books and challenge listeners to read them in 12 weeks. In episode three, Sarah Gordon, the FT’s business editor, and Martin Dickson, the FT’s former deputy editor, discuss ‘Barbarians at the Gate’ by Bryan Burrough and John Helyar.


The origin of Deep Purple’s 1971 hit is almost as famous as its instantly recognisable guitar riff.

Credits: Parlophone UK, Thompson Music P/L


With George Parker and Robert Shrimsley of the Financial Times, plus Matthew Goodwin, senior fellow at Chatham House. Presented by Sebastian Payne.