| TUESDAY 25th NOVEMBER 22.30 GMT - BBC TWO FROM PROGRAMME PRODUCER DAN KELLY Dear Newsnight viewer, Banks under pressure The UK economy will go into "steep recession" if the banks do not resume normal lending levels, the Bank of England Governor, Mervyn King said today, "this [is] more important than anything else at present" he said. The Governor even warned that nationalising banks could not be ruled out. So why has the injection of millions of pounds into the banks failed to boost lending to homeowners and businesses, and what can the Government do to end the credit famine? We'll speak to the banks and the lenders. Is New Labour dead? Where does yesterday's budget statement leave the New Labour coalition, and is it a serious error to effectively end the tax policies that won Labour the last three elections? There is a nervousness among some Labour MPs that tax has once again returned as a weapon that could destroy the party - today Labour and the Tories clashed about how much "middle Britain" will have to pay for the Chancellor's plans. Jeremy will speak to one of the architects of New Labour, Alastair Campbell, and Thatcher's former Chancellor, Lord Lawson. Iraq's Prisons Andrew North has an exclusive report on conditions inside Iraqi's overcrowded prison system. He has had unique access to inmates at Baghdad's Rusafa prison - the first time the foreign media have had such access to an Iraqi jail since the US invasion in 2003. Many prisoners complain that they are held without charge and kept in appalling conditions - so how much has changed since Saddam's day? Women's Institute And we speak to the Women's Institute and English Collective of Prostitutes about the WI's plans to monitor prostitute adverts in local papers. Should be interesting. Missed Newsnight? Click here to watch online Newsnight Blog Add your comments to our correspondents' blogs: CLICK HERE | 
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