Episodi
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This week, George Osborne and Ed Balls consider: should economic decisions be confined to the Treasury and the Prime Minister? Or is the room for wider cabinet discussion?
Meanwhile, Lyanne Nicholl, the CEO of 50:50 Parliament – an organisation dedicated to driving more female representation in government – asks Ed and George to share their most positive words of wisdom for someone weighing a career in politics. The pair reveal the women they’ve encouraged to go into the government game, and where they think barriers persist.
They also mull the costs Britain would face were it to join the customs union – and is a Welsh referendum ever going to be a reality?
Plus, they share when mishearing something has led to some political awkwardness all round …
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Production support: Caillin McDaid
Producer: Rosie Stopher and Miriam Hall
Executive Producers: Ellie Clifford
Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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Keir Starmer is working hard to shift the narrative on his government from gloomy tax raiders to optimistic change makers. Ed Balls and George Osborne asses whether he’s leaning too hard into blame. Does he need to stop the finger pointing and get on and deliver?
Bashar al-Assad’s regime in Syria collapsed this week — a sudden, stunning end to the Assad family’s five-decade reign. Ed and George reflect on the Syrian civil war and its impact on their time in politics. What is going on in Downing Street right now, and how should the UK proceed? David Cameron’s deputy security adviser Hugh Powell makes a guest appearance to advise on how to stop the country from descending into conflict.
Plus, Emmanuel Macron is dealing with a frozen French parliament and under mounting pressure to appoint a new Prime Minister. After a spectacular Olympics and the grand reopening of Notre Dame, he should be riding high – but are his days in politics now numbered?
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Production support: Caillin McDaid
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Producers: Miriam Hall and Rosie Stopher
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Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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Episodi mancanti?
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Who are the individuals who’ve influenced elections in the same way as Elon Musk? Ed Balls and George Osborne run through some of the great drivers of political results over the years - from people on the street to press barons.
Plus, with our Inside The Room miniseries with Nicola Sturgeon now wrapped up, George and Ed take listener questions on the matter of the 2014 referendum and the ongoing, simmering tensions around Scottish independence. Would England be economically better off without Scotland – and why are English politicians so keen to cling to it? Are there parallels between the Scottish independence movement and Brexit – and if so, why won’t the nationalists admit it?
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Production support: Caillin McDaid
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Technical Producer: Oliver Geraghty
Executive Producers: Ellie Clifford
Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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After helping to secure a victory for Donald Trump in the US election Elon Musk is seemingly setting his sights on the UK and Reform. Ed Balls and George Osborne take stock of whether Keir Starmer and Kemi Badenoch should be worried. Is this another sign of the end of the two-party system?
The historic vote on assisted dying last week has brought a whole new set of questions and challenges for the government. How Labour will balance its plans for the NHS with this potential landmark legislation? And does Keir Starmer support this? Can the cabinet divisions on the bill be overcome?
Meanwhile, the government’s main focus is a relaunch to help set the agenda for the rest of the parliament. Not, of course, that they're calling it that. But do government relaunches ever work? And how can this one successfully reset the narrative?
Become a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes and receive early access to EMQs. You'll also get EXCLUSIVE access to Ed and George's Inside The Room: The Scottish Independence Referendum debrief conversation.
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Production support: Caillin McDaid
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Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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A decade ago, the Scottish people went to the polls for a referendum vote to make a choice: should the country break free of the United Kingdom? Ultimately, they voted to stay by a resounding margin – crushing the hopes of the Scottish National Party and soothing the fears of the British government of the day. But the issue of Independence continues to divide, and in this special miniseries, George Osborne and Ed Balls are joined by the former First Minister of Scotland Nicola Sturgeon to take a fresh, forensic look at the forces, decisions and party politics that drove the independence movement.
With just weeks to go, polling suggested the ‘Yes’ campaign had it, and Scottish voters were going to vote to leave. Nicola Sturgeon reveals the sense of jubilation inside the SNP when the tide began to turn their way, and fear the British establishment was only set to become more ferocious. If the poll had come just a little later, could the ‘Yes’ side have been triumphant? Did the “Vow” – a promise for more devolution powers – make a difference? Who was convinced Rupert Murdoch was going to use his tabloid to support their interests?
Remember to send us your questions in for our special Inside The Room: The Scottish Independence Referendum episode of EMQs. You can send them to [email protected]
Political Currency Gold subscribers have exclusive access to Ed and George's debrief chat.
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Become a member of Political Currency Gold to support the podcast, enjoy ad-free listening to all our episodes, receive early access to EMQs and Inside The Room, and more.
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Producers: Rosie Stopher and John Rogers
Technical Producer: Oliver Geraghty
Production Support: Miriam Hall
Executive Producers: Ellie Clifford and Dino Sofos
Archive: BBC News, EuroNews and Sky News.
Political Currency is a Persephonica Production and is part of the Acast Creator Network
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A decade ago, the Scottish people went to the polls for a referendum vote to make a choice: should the country break free of the United Kingdom? Ultimately, they voted to stay by a resounding margin – crushing the hopes of the Scottish National Party and soothing the fears of the British government of the day. But the issue of Independence continues to divide, and in this special miniseries, George Osborne and Ed Balls are joined by the former First Minister of Scotland Nicola Sturgeon to take a fresh, forensic look at the forces, decisions and party politics that drove the independence movement.
As the independence vote approached, the question of finances and currency began to plague the ‘Yes’ campaign. In episode two of this special miniseries, Nicola Sturgeon, Ed Balls and George Osborne reflect on the decisions, mistakes and motives that may have tilted public perceptions around Scotland's departure from the UK. We go inside Cameron government’s so-called Project Fear – was it all just scaremongering? Nicola reveals the moment she thought it was all going to collapse, and why George played part. And Ed lifts the lid on the machinations that led him to say Scotland would have to join the Euro if it were to leave the UK.
Part 3 of 'Inside The Room: The Scottish Independence Referendum' is available to listen to NOW for subscribers to Political Currency Gold, as well as Ed and George's exclusive debrief.
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Producers: Rosie Stopher and John Rogers
Technical Producer: Oliver Geraghty
Production Support: Miriam Hall
Executive Producers: Ellie Clifford and Dino Sofos
Archive: BBC News, EuroNews and Sky News.
Political Currency is a Persephonica Production and is part of the Acast Creator Network
Hosted on Acast. See acast.com/privacy for more information.
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Joe Biden's White House days are numbered, and he appears to be scrambling to secure his legacy. With a ceasefire just brokered between Israel and Lebanon, George Osborne and Ed Balls ask: What kind of influence is the returning President Trump already having on foreign policy? How is the transition really working? And what does this mean for the conflict in Ukraine? Is the Trump effect forcing world leaders to harden up and have a real, public conversation about a peace deal?
Back home, Rachel Reeves is talking a big game – insisting Labour won’t be bringing in any more tax increases or borrowing plans. Is she making promises that will be hard to keep? Ed and George mull whether Reeves is setting herself up for trouble down the road.
And with a snap election in Germany just months away, Ed and George take a closer look at the country’s economy – which has gone from ‘miraculous’ to ‘kaput’ in just a few years – and ask who’s to blame.
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Production support: Caillin McDaid
Technical producer: Oliver Geraghty
Producers: Miriam Hall and James Shield
Executive Producer: Rosie Stopher
Political Currency is a Persephonica Production and is part of the Acast Creator Network.
Subscribe now on PatreonHosted on Acast. See acast.com/privacy for more information.
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A decade ago, the Scottish people went to the polls for a referendum vote to make a choice: should the country break free of the United Kingdom? Ultimately, they voted to stay by a resounding margin – crushing the hopes of the Scottish National Party and soothing the fears of the British government of the day. But the issue of Independence continues to divide, and in this special miniseries, George Osborne and Ed Balls are joined by the former First Minister of Scotland Nicola Sturgeon to take a fresh, forensic look at the forces, decisions and party politics that drove the independence movement.
In this first of three episodes, Nicola, Ed and George walk through the key moments leading up to David Cameron’s decision to grant Holyrood the referendum vote. What was the focus of the conversations in Downing Street? George explains why he wanted to call the nationalists’ bluff and catch them off guard. And what advice did Gordon Brown provide – that Nicola says was ignored – to keep the United Kingdom intact?
Parts 2 and 3 of 'Inside The Room: The Scottish Independence Referendum' are available to listen to NOW for subscribers to Political Currency Gold.
POLITICAL CURRENCY GOLD 🏅
Become a member of Political Currency Gold to support the podcast, enjoy ad-free listening to all our episodes, receive early access to EMQs and Inside The Room, and more.
Subscribe now: patreon.com/PoliticalCurrency or on Apple Podcasts: apple.co/politicalcurrency
Producers: Rosie Stopher and John Rogers
Technical Producer: Oliver Geraghty
Production Support: Miriam Hall
Executive Producers: Ellie Clifford and Dino Sofos
Archive: BBC News, EuroNews and Sky News.
Political Currency is a Persephonica Production and is part of the Acast Creator Network
Hosted on Acast. See acast.com/privacy for more information.
Subscribe now on PatreonHosted on Acast. See acast.com/privacy for more information.
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Former deputy prime minister John Prescott died yesterday at the age of 86. Often described as a ‘political bruiser’, Ed Balls and George Osborne remember Prescott differently: as a policy powerhouse and as a skilled negotiator between Blair and Brown. Does a comparable player exist in today’s Labour government? And, Ed recalls the moment he was involved in a car chase with ‘Two Jags’ himself.
With the assisted dying bill facing a second reading next week, the pair consider whether it will pass or be voted down. Is the issue set to be off the agenda for a generation, or could Starmer rescue the bill?
Plus: the Budget may not have fallen apart, but with Scottish Labour sending different messages, farmers (and Jeremy Clarkson) on the march and mortgage rates rising, we take a look at its political impact. Are any u-turns on the horizon?
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Production support: Caillin McDaid
Technical Producer: Oliver Geraghty
Producers: Miriam Hall, Rosie Stopher and James Shield
Executive Producers: Ellie Clifford
Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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With incensed British farmers set to descend on London in protest to the government’s new rules on inheritance tax for agricultural property, Ed Balls and George Osborne consider the likelihood of the Treasury reversing course. What made George change his mind on the so-called “pasty tax” in 2012 - and will Rachel Reeves consider a similar u-turn?
This past week marked a special anniversary – the day George thought the UK would go to the polls. Should Rishi Sunak have let his run go a little longer? Author and journalist Tim Shipman, who has examined the issue of Sunak’s timing in his latest book Out: How Brexit Got Done and the Tories Were Undone asks George and Ed their view on when the Tories should’ve called the election. They also consider: does Donald Trump’s election, and his love of protectionist policies, make the idea of the UK joining the European Union Customs Union more justifiable?
And… exactly what is Gerrymandering? Professors Balls and Osborne are here to explain.
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Production support: Caillin McDaid
Producer: Rosie Stopher, James Shield and Miriam Hall
Executive Producers: Ellie Clifford
Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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The second era of Trump is a little over a week old, and the president-elect is making waves with his cabinet appointments. An attorney general who has been investigated by the House ethics committee for sexual misconduct allegations (which he vehemently denies)? Welcome, Matt Gaetz. Trump’s pick for defence secretary? Pete Hegseth, a Fox News host who’s a proponent of American-made ammo.
George Osborne and Ed Balls consider what the spillover will be for the UK. Will the recently cooked-up Chagos Islands deal get messy? And will Britain find itself more exposed to America than the US itself when it comes to the economic fallout?
And while Nigel Farage still appears to be jostling to become UK ambassador to the US, Peter Mandelson is strongly tipped for the job. Do unusual times call for an ambassador with a little ‘British allure’?
Back home, and the Labour government has increased tuition fees for the first time since 2017. With that, and the cut in the winter fuel payment, George says he’s really starting to get on board with the Starmer government…
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Producers: Miriam Hall, Rosie Stopher and James Shield
Executive Producers: Ellie Clifford
Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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Donald Trump’s return has provoked days of soul searching among Democratic voters. But the pollster with one of the most accurate predictions of the outcome, James Johnson of JL Partners, has asked George Osborne and Ed Balls to shake off the gloom and consider any positives. Is there a silver lining in a second Trump presidency? George has some ideas, while Ed is struggling…
Votebeat editorial director Jessica Huseman asks: does the world see the US as an international example of democracy any more? Did it ever?
And Susanna Reid from Good Morning Britain has rung in to ask what Trump’s re-election tells us about what voters truly want.
Plus: with Kemi Badenoch now leading the Tories, George and Ed answer the question: what does the shadow cabinet …actually do?
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Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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It’s beginning to sink in: Donald Trump 2.0 is now upon us. George Osborne and Ed Balls think seismic shifts in the global economy could be ahead. Could his aggressive trade policies chip away at the UK’s growth plans?
Trump has also claimed he could end the Ukraine war in a day. Does that mean a peace deal – or appeasement? Meanwhile Nigel Farage is offering up his services as a British ambassador to Trumpworld. Would despatching Farage to Mar-a-Lago be a relief for Keir Starmer?
And the new Tory leader, Kemi Badenoch, faced her first PMQs this week. Ed and George review her debut performance at the despatch box.
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Donald Trump is set to make his return to the White House after a stunning overnight victory against Kamala Harris in the US election, just as George Osborne and Ed Balls predicted. But was this just a simple case of ‘It’s the economy, stupid!’
Ed thinks the Harris loss could be a warning to UK’s Labour party members – if they don’t get UK living standards up, could they go the way of the Biden Democrats too? George, meanwhile, thinks Trump’s win exposes a fundamental challenge for the Left that it is now too focused on identity politics and not on people's living standards.
They also question: will Donald Trump seek vengeance for Labour’s ill-advised involvement in the election? Nigel Farage was the only British politician with a major presence in the US overnight. Does his time at the Trump victory party mean Reform will be getting some help from Trump in years to come?
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Production support: Caillin McDaid
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Rishi Sunak spoke at his last PMQs. But George Osborne reveals why it may not be the last time we see him in No 10... He and Ed Balls discuss whether perceptions of politicians can ever change.
Former cabinet member Caroline Spelman asks if a spoiled ballot is a waste of time. And Laura Trevelyan, co-host of the podcast Heirs of Enslavement asks whether countries should apologise for their role in the transatlantic slave trade.
Plus - Love the pod? We thought so. Ed and George clarify whether a declaration of love at the top of your question is a prerequisite for getting a spot on the show...
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Production support: Caillin McDaid
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Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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The dust has settled on Rachel Reeves’ budget, and despite a strong performance from the Chancellor, George Osborne and Ed Balls have noticed a few glaring omissions. Child poverty? Didn’t really rate a mention. How about some of the New Labour classics like getting people back to work? Pensioners? Nope. So how did this crucial economic pitch to the nation stack up? Ed and George consider how the fallout might impact Labour all the way to the next election.
Meanwhile, the polls are telling us the historic US election is set to be a squeaker, with Kamala Harris and Donald Trump in a dead heat. The betting platforms and markets are telling a different story, however. George has the latest on who the world’s major financiers are expecting to be in the White House come January …
And speaking of going to the polls, Japan’s snap election just backfired – did anyone in the UK notice? Ed and George question if we should be paying more attention to this major world economy.
Remember, you can catch up on our Budget Hot Take here: tr.ee/pc-live
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Production support: Caillin McDaid
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Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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Has Rachel Reeves done enough to get away with announcing £40 billion of new taxes?
In a special YouTube LIVE episode, Ed Balls and George Osborne give their immediate reaction to the Chancellor's first budget. Was it “big and bold and historic” or a “cross your fingers and hope for the best" moment?
Who wins and loses from the budget? And how big a gamble is it for Labour's fortunes?
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Production support: Caillin McDaid
Technical Producer: Oliver Geraghty
Producers: Miriam Hall and Danny Garlick
Executive Producers: Ellie Clifford and Dino Sofos
Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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Has the reaction to the Winter Fuel Payment cut scared Labour from making more big budget moves on welfare? And what ever happened to the tradition of the Chancellor knocking back a brandy while delivering the Budget? Ed and George discuss the best drinks of choice when outlining an economic plan to the nation… and what other Treasury traditions are in place.
Plus, is it a brief, is it a leak or is it just a plain old trail? The pair breakdown the terms and mull some of the most famous, career-ending leaks in British political history.
And with the US election just over a week away, what is the level of support for Donald Trump amongst the UK population? Do more Brits than we think secretly admire the Republican nominee’s approach?
Finally, for all you listeners desperate to join our Record Club, Ed has followed up his first suggestion of Kuunnelmia by Jukka Perko with another Scandi recommendation: Hoven Droven.
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Production support: Caillin McDaid
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Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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Drumroll, please. After keeping his cards pretty close to his chest throughout the Tory leadership campaign, George Osborne is ready to name who he thinks should seize the Tory crown. With the race now whittled down to just two people – Kemi Badenoch and Robert Jenrick – George explains why a possible exit from the European Convention on Human Rights has swayed his choice and what might put him off voting Conservative at all...
Meanwhile, members of the Labour party are in hot water after Donald Trump accused them of election interference. Ed Balls thinks the party’s decision to get involved in a foreign country’s election could be described in a few ways (mainly as naive, gauche and definitely a mistake.)
And, less than a week away from the first Labour budget in 14 years, has the party done enough to convince voters, the markets and business leaders there’s a plan for economic growth?
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Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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Frenemies George Osborne and Ed Balls talk about great political friendships and rivalries. What was the unspoken understanding between former Prime Minister David Cameron and George that made their allegiance last? And which Conservative friendships were soured by Brexit?
They answer the question: Are economists just making it up as they go along? How can Rachel Reeves just change the definition of fiscal rules? And with questions from all over the world this week, Ed and George ponder: should we be rethinking about how we teach second languages?
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Production support: Caillin McDaid
Producer: Rosie Stopher, Miriam Hall and Danny Garlick
Executive Producers: Ellie Clifford
Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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