Nick is joined at Newbury racecourse by Lydia Hislop to discuss the news and events in the racing world. They preview the Ladbrokes Trophy, with important contributions from Nigel Twiston Davies and David Pipe, before considering some of the supporting races this weekend and many of the key issues of the day. Lydia gives her perspective on Shishkin and on the political issues surrounding racing's governance this week, while James Willoughby is along with his regular Friday rankings, with a particular focus on this weekend's Japan Cup.