Live: Prime minister's questions

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Prime minister's questions (UK only)

By Emma Griffiths

1208: Mr Brown waits until the laughter dies down and says not one depositor has lost any money in Britain. He says interest rates have come down and they are working to remove other "barriers" to lending with banks. He says the government has "led the world" in saving the banks.

1205: David Cameron starts by sending his condolences to the soldier's family. He asks how the government is going to get the banks to lend to businesses. He says Bank of England Governor Mervyn King has said recapitalisation should ensure the flow of lending returns to normal rates. Mr Cameron said on this basis the PM's plan has failed. In his reply Mr Brown says he has saved the banks, then raises laughter by accidentally saying he has "saved the world".

1204: Labour MP Alison Seabeck says businesses have welcomed government initiatives on the economy and asks Mr Brown for reassurances it will do everything it can to help them and homeowners. Mr Brown assures her they will and say Labour is leading the way on the economy, welfare reform and help for small businesses.

1203: The prime minister starts by paying tribute to a British soldier killed in Iraq

1202: BBC political editor Nick Robinson tells the Daily Politics he expects David Cameron will either ask questions about welfare reform and suggest they will go through with Tory support or try to highlight the divide between the two parties on the economy.

1201: And we're off. Gordon Brown begins the session immediately after Scottish secretary Jim Murphy finishes the preceeding session by answering an SNP attack on plans for a British football team at the 2012 Olympics

1158: Anne McGuire is speaking as Scotland questions approach their end in the Commons. The chamber is filling up. John Hutton is chatting with Alan Johnson. Alistair Darling is sitting in position ready to flank Brown when the session gets under way.

1155: On housing, Europe minister Caroline Flint - a former housing minister - says banks should sign up to attempts to restrict repossessions. She says ministers will look at Northern Rock's high repossession rate and try to resolve it. Repossession should be a last resort, she says on Daily Politics.

1152: Tory frontbencher Michael Gove tells the BBC's Daily Politics the Conservatives are likely to support the government's welfare reforms as they are very similar to their own plans. Labour backbencher Frank Field, a former welfare reform minister, says they should push to make the reform more radical and welfare should be "abolished as we know it".

1150: What subjects are likely to be raised today? The economy - and David Cameron's attack on Gordon Brown's planned "borrowing binge" - has to be one of the favourites. There may also be a mention of the benefit reforms which are set to be spelled out in detail in a statement to MPs immediately after PM's questions finishes.

1141: Good morning and welcome to our live coverage of Prime Minister's Questions in the House of Commons. The half hour session begins at noon. You can watch live on this page, and read the key points as they happen. We'll be taking in the views of BBC experts and guests from television and radio programmes. And you can have your say too via our live Have Your Say debate