Presented by Stephanie Flanders
The threat level to Great Britain from Irish-related terrorism has been raised from moderate to substantial. Home Secretary Theresa May said it meant an attack was a "strong possibility".
It was the first time this threat level had been published, the Home Office confirmed.
Tonight Liz Mackean investigates what's happened to prompt the raising of the threat level and we hope to speak to senior politicians and terror experts.
Then, on the day that Oliver Stone's sequel to Wall Street comes out in the US, we'll be considering the future of capitalism. In the film Gordon Gekko is back, only this time he feels bad about being so greedy. As we know the real life Gekkos have not had the same change of heart.
The Business Secretary, Vince Cable, was rather rude about bankers and capitalism generally in his speech to the Liberal Democrat conference earlier this week, but he's not the only one.
Has the global financial crisis landed a mortal blow to the capitalist system? Ha-Joon Chang has written a provocative book claiming it has. Anatole Kaletsky thinks capitalism is poised to enjoy it's finest hour. We'll have both of them in the studio to debate.
And it's a night of firsts on Newsnight tonight. Not only am I getting my first turn in the presenter's chair, but Stephen Smith has the programme's first ever interview with Ken Dodd, "the comedian whose theme tune is happiness". I'll leave you to guess which of us will be using the word tottiflorious.
It's been a while since the master of the tickling stick appeared on television. Programme makers don't call him any more, and partly for that reason, he doesn't give interviews. But at 82, Ken Dodd is still packing them in at theatres up and down the country. He also, it turns out, watches Newsnight. He agreed to the interview because he thought we "needed a lesson in optimism". Prepare to be tickled.
And you can read more from Stephen Smith about meeting Ken Dodd here. Join me at 10.30pm on BBC Two.
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