| TUESDAY 21st OCTOBER 22.30 BST - BBC TWO FROM PROGRAMME PRODUCER ROBERT MORGAN Hello, Yacht-gate What happened on a yacht in Corfu this summer? That's the question that we've spent the day trying to answer. The story that's unfolding involves a member of the Rothschild family, the shadow chancellor, a cabinet minister, a Russian oligarch and a network forged by students at Oxford University. The Conservatives are strongly denying the allegations at the heart of this affair - that they initiated a discussion with Russia's richest man about a possible donation to the party. The allegation has been made by the financier, Nat Rothschild. He says the conversation took place during the summer in Corfu, when the shadow chancellor, George Osborne, went on board a yacht owned by the billionaire, Oleg Deripaska. It is illegal for a political party to accept donations from overseas residents. There has been a flurry of activity all day - Mr Osborne came out to defend his reputation, then Mr Rothschild said he was standing by his allegations and then the shadow chancellor issued a timeline detailing who said what and when. But what does this all mean and why does it matter? David Grossman is on the case and we'll get political reaction live. Economy Bank of England Governor Mervyn King will give his first public reading on the economic outlook since the emergency cut in interest rates earlier this month. Our Economics Editor, Paul Mason and Newsnight's Shadow MPC will assess the speech and discuss whether further interest rates cuts are needed. US Elections And we have the latest in our Editors series on the upcoming US election. Diplomatic Editor, Mark Urban sets out how foreign affairs would be changed by both presidential candidates. Missed Newsnight? Click here to watch online Newsnight Blog Add your comments to our correspondents' blogs: CLICK HERE | 
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