In tonight's Newsnight & Newsnight Review

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	FRIDAY 19 JULY 22:30 BST - BBC TWO FROM EMILY MAITLIS Hello, CASH FOR HONOURS "I would like to take this opportunity to thank the police for their hard work, diligence and decency". The words of the Labour Party General Secretary Peter Watt. Others aren't feeling quite so warm spirited about an enquiry that went on for 16 months, cost a million pounds, threatened to bring down a government, and ultimately yielded no charges. Last night the BBC broke the story that no-one would be prosecuted in the Cash for Honours investigation. Today, with the confirmation, came many many questions. Was it, as some claim, a political stunt by the SNP? Why did police drag it out for so long if evidence was so scant? Was the decision by the CPS not to prosecute the right one? And where does this leave party funding, and indeed party reputations going forward? We've got a panel of those involved together and the discussion promises to be pretty heated. BY-ELECTION It will be hard to think of the MP for Sedgefield as being anyone other than Tony Blair. But from today, there is a new one. Phil Wilson won the by-election pretty comfortably for Labour, which also won in Southall and Ealing. So will two early successes for Gordon Brown give him the confidence to face the polls early for a General Election? We'll be discussing the implications of these results tonight with our hot political panel of familiar faces. Join us tonight at 10.30pm on BBC2. Emily Missed Newsnight? Click here to watch online Newsnight Blog Add your comments to our correspondents' blogs: CLICK HERE
	LAST NIGHT'S HIGHLIGHT CAGE FIGHTING A mixture of boxing, wrestling and martial arts - cage fighting is attracting both fans and criticism Watch the item
	newsnight review
	PRESENTED BY MARTHA KEARNEY THE END OF MR Y A few weeks ago the (male) guests complained about having to carry round the bright pink edition of Tina Brown's book on Diana. This week's homework has been far more classy. "The End of Mr Y" by Scarlett Thomas is beautifully produced like a Victorian magician's manual in red, black and gold. But I doubt if this week's discerning guests - Jeanette Winterson, Julie Myerson, Michael Gove and Tim Lott - will judge the book by its cover. SHERRYBABY We will also be discussing Maggie Gyllenhaal's latest film which was widely tipped for an Oscar nomination. Sherrybaby is the story of a woman just released from prison who is trying to rebuild her relationship with her daughter. Only the second feature from director Laurie Collyer, it came out of the Sundance Film Lab project. It's based on the true story of a schoolmate. CLAPHAM JUNCTION The TV drama Clapham Junction has an equally serious theme - violent homophobia. It's part of the Channel Four season to mark the 40th anniversary of the legalisation of gay sex. Amidst the brutality there is a very funny parody of a TV commissioning editor. SAINT JOAN We have also been to see the new production of Saint Joan by George Bernard Shaw. Anne-Marie Duffy (of Shameless) has had some very good reviews of her performance in the play which was directed by Marianne Elliott. Her staging which I really liked in Pillars of the Community - also at the National - is very imaginative and the themes of the play seem contemporary - religion and politics. I hope you can join us. Martha
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