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Political Currency

Persephonica
  • 4.2 (46)
  • Politics
  • Updated Weekly

Ed Balls and George Osborne take us behind closed doors into the rooms where decisions are made. Having battled it out across the despatch box, the former Chancellor and shadow chancellor now meet in the studio to discuss the decisions that affect the nation’s pockets. Our frenemies have the knowledge and experience to explain how good politics follows the economics - and expose how the powerful become powerless when faced with market forces and political currents they can’t control. Join us every Thursday. Send your messages or voice notes to questions@politicalcurrency.co.uk Find us on social media @polcurrency Political Currency is a Persephonica production. Hosted on Acast. See acast.com/privacy for more information.

  1. EMQs: Why no one will end the triple lock

    18h ago • Subscribers Only

    EMQs: Why no one will end the triple lock

    Hot off Centrist Dad’s sellout show last week, two listeners at the gig have sent in questions. Our Kitchen Cabinet winner, Douglas Law, asks a question on the mind of every junior Labour MP right now: will Burnham promote them? Ed Balls and George Osborne explain what ministers must do to secure a promotion in government, and what Burnham will look for. Then, they answer a question that has plagued every recent government: can you end the triple lock? Despite its salience amongst some, George argues why it is neither politically or fiscally sensible to do so. Ed more or less agrees, though proposes a possible path to reducing the burden on public finances. Former Olympic gold medalist, and mind behind the Bee Network, Chris Boardman then asks how the work in Manchester and across devolved administrations can be scaled in order to replicate things like the Bee Network. The pair explain why Chris and Andy Burnham’s work was successful, and how cross-party collaboration is key for long-term viability. Finally, they look at the perks received by former PMs. As Keir Starmer becomes the ninth living ex-prime minister, and with Burnham eventually taking it to ten, many wonder if the expense paid to these leaders is becoming too much of a strain. George explains why they were brought in to begin with, and why they can still prove beneficial long after each person has left Downing Street. We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles. Thanks for being a valued member of our Kitchen Cabinet or a Gold subscriber. Remember Kitchen Cabinet members get exclusive access to live EMQs recordings, briefings from the team, and an exclusive Political Currency mug. Please note: Kitchen Cabinet is only available via Patreon. Credits: Research: Sam Burton Production: Caillin McDaid Executive Producer: Henrietta Harrison Political Currency is a Persephonica Production and is part of the Acast Creator Network.

    42 min

  2. 1d ago

    Is Reform unravelling?

    The Nigel Farage donation scandal reached a breaking point on Tuesday when he took the extreme step of triggering his own by-election. But was this a shrewd move or has it backfired? Ed Balls and George Osborne examine the risks to Reform, how Kemi Badenoch may use it to her advantage, and whether Count Binface could really be Clacton’s next MP.  While some see Farage as future PM, the next man set to lead the country remains Andy Burnham. With nominations opening for Labour leader today, and no other candidate in the race, it’s all set to be a coronation. But is this a good thing? George’s Labour sources have all voiced anxieties about the lack of scrutiny on Burnham, while Ed counters that a heated contest could have boxed in the next Labour leader. And finally, Ed explains his latest Harvard-Kings paper on regional growth, which details where Keir Starmer and Rachel Reeves went wrong and how Andy Burnham can move the country forwards. Last night, he was at a talk discussing the paper with Michael Gove and Angela Rayner, and the former Tory MP made a surprising endorsement for the ex-deputy PM… We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles: 👉 X 👉 Instagram 👉 TikTok Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today: 👉 patreon.com/politicalcurrency 👉 Apple Podcasts Please note: Kitchen Cabinet is only available via Patreon. Credits: Research: Sam Burton Production: Caillin McDaid Video Editor: Louis Norris  Executive Producer: Henrietta Harrison Political Currency is a Persephonica Production and is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

    1h 6m
  3. EMQs: Are holiday taxes a threat to tourism?

    4d ago

    EMQs: Are holiday taxes a threat to tourism?

    The proposed holiday tax from the King’s speech is a subject of controversy in the hospitality sector, and on this week’s EMQs Ed Balls and George Osborne speak to these concerns. Does this drive away tourism? Or, can they follow in the footsteps of other European cities and help inject funding into these destinations through the extra cashflow? Then, they delve into the lack of employment rights for ministers.  They explain why discrimination laws don’t apply to heads of office and debate the possible route if a minister was harassed at work and wanted to take it further.  A question to Ed takes us back to his trip to the playground with Andy Burnham. One listener asks how might the incoming PM revive New Labour-era play strategies and support for children and families?  Another listener spotted Ed at the opera last week and wonders how politicians can increase support for the arts without perpetuating class divisions or stereotypes.  Finally, the pair are put to a test when a listener sends ChatGPT’s assessment of who would come out on top in a 10-pin bowling game. They debate the outcome, but agree the answer demonstrates the striking advancements in tone and humour of these AI language models.  We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles: 👉 X 👉 Instagram 👉 TikTok Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today: 👉 patreon.com/politicalcurrency 👉 Apple Podcasts Please note: Kitchen Cabinet is only available via Patreon. Credits: Research: Sam Burton Production: Caillin McDaid & Nasreen Arain Video Editor: Louis Norris Executive Producer: Ellie Clifford & Henrietta Harrison Political Currency is a Persephonica Production and is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

    42 min

  4. Jul 2

    The two major challenges facing Andy Burnham

    Andy Burnham is now prime minister-in-waiting and is laying out his vision for Britain. On Monday he outlined his approach to the economy, but is his vision any different to Keir Starmer’s? Ed Balls and George Osborne worry the speech lacks a theory of change, and sets him up for the same troubles Starmer faced. George puts forward the two key challenges Burnham will face: defence and communication. Starmer’s Defence Investment Plan leaves a £5bn gap and stray briefings are confusing Burnham’s messaging. If he can’t get on top of these, is he destined to fail as Starmer has?  The primary policy laid out in Burnham’s speech was a No. 10 in the North, based in Manchester. But this plan comes with risks. Ed worries this could lead to increased divisions between No. 10 and the Treasury, which will kneecap the government’s agenda. George feels these changes are too radical mid-Parliament, and distract from policy.  And finally, this Saturday marks the 250th anniversary of U.S. independence and, to mark this historic milestone, Ed and George reflect on the country’s history. They look at the founding fathers, their own relationship with the country, and what future relations will look like with the UK under Burnham.   We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles: 👉 X 👉 Instagram 👉 TikTok Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today: 👉 patreon.com/politicalcurrency 👉 Apple Podcasts Please note: Kitchen Cabinet is only available via Patreon. Credits: Research: Sam Burton Production: Caillin McDaid & Nasreen Arain Video Editor: Louis Norris Executive Producer: Ellie Clifford & Henrietta Harrison Political Currency is a Persephonica Production and is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

    1h 3m
  5. EMQs: The reshuffle dilemma facing Andy Burnham

    Jun 29

    EMQs: The reshuffle dilemma facing Andy Burnham

    Should Andy Burnham appoint an entirely new Cabinet or resist the temptation for a full reshuffle? Ed Balls and George Osborne discuss whether constant ministerial churn is a hindrance to effective government, and who the new Prime Minister should keep in post to provide stability. They also revisit one of the biggest political "what ifs" of the year. Was Keir Starmer wrong to stop Burnham returning to Westminster earlier? Looking back, could allowing him to fight Gorton and Denton have changed the course of events, or was Starmer's fate already sealed? A listener's memories of school evacuation drills before the Iraq War prompt a wider conversation about how governments prepare the public for crises. From terrorist attacks and pandemics to extreme weather, Ed and George reflect on the challenge of planning for events that may never happen. Elsewhere, they discuss why Classical Civilisation remains out of reach for many pupils, whether today's political infighting has more in common with Ancient Rome than we might like to admit, and reveal the surprisingly practical advice they'd give to an ambitious young Conservative hoping to enter Parliament, including where politicians really go to get suited and booted.  We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles: 👉 X 👉 Instagram 👉 TikTok Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today: 👉 patreon.com/politicalcurrency 👉 Apple Podcasts Please note: Kitchen Cabinet is only available via Patreon. Credits: Research: Sam Burton Production: Caillin McDaid & Nasreen Arain Video Editor: Sam Gruet Executive Producer: Ellie Clifford & Henrietta Harrison Political Currency is a Persephonica Production and is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

    40 min

  6. Jun 25

    The Andy Burnham we know

    The pathway from Makerfield to Downing Street seems inevitable. Andy Burnham was sworn in to Parliament hours after Keir Starmer resigned and now seems set to be crowned as prime minister next month. But who is he? Ed Balls and George Osborne have known him for over 25 years, and speak to how the man they know will govern once he enters No. 10. How will his style as a footballer be reflected in his governing? Ed and George then examine the likelihood of whether Andy Burnham will call an early General Election. Either way he risks repeating the mistakes of Gordon Brown or Theresa May. Ed lays out the three tests Burnham must ask himself before going to the polls, while George lays out how a General Election could play out for the opposition parties. Finally, they turn to the man still in Downing Street. What will Keir Starmer’s final weeks in post look like? Ed and George look back on the final moments of Brown’s and Cameron’s premierships, and what the thinking will be in the Starmer team in these final days and weeks. We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles: 👉 X 👉 Instagram 👉 TikTok Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today: 👉 patreon.com/politicalcurrency 👉 Apple Podcasts Please note: Kitchen Cabinet is only available via Patreon. Credits: Research: Sam Burton Production: Caillin McDaid & Nasreen Arain Video Editor: Sam Gruet Executive Producer: Ellie Clifford & Henrietta Harrison Political Currency is a Persephonica Production and is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

    1h 5m
  7. HOT TAKE: Starmer resigns, what comes next?

    Jun 22

    HOT TAKE: Starmer resigns, what comes next?

    After Keir Starmer delivered his resignation speech this morning, Ed Balls and George Osborne reflect on what comes next for the government, for the country, and for the outgoing Prime Minister. Was Starmer’s ‘clinical’ address a sign of a weak legacy and further inability to communicate his successes? The pair argue the performance was lacking in both emotion, and in recognition for the work of his cabinet colleagues. Plus, as Wes Streeting backs down and a coronation of Andy Burnham seems imminent, will any other Labour MPs dare to stand against the King of the North? Or will they now start trying to book a spot at the next Cabinet table instead? Ed suggests an outsider candidate could launch a pre-contest to have their moment in the limelight and give Burnham some scrutiny. Meanwhile, George speaks of the need for Andy Burnham to nail down a plan for the government and get ahead of the tide of public opinion. Lastly, they discuss where this leaves the Labour government two years on from its landslide majority. Has Starmer fallen into the same trap as previous governments of not sticking to a clear plan, as George says? And, as Ed theorises, is the Starmer legacy now tied to the performance of a future Burnham government? We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles: 👉 X 👉 Instagram 👉 TikTok Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today: 👉 patreon.com/politicalcurrency 👉 Apple Podcasts Please note: Kitchen Cabinet is only available via Patreon. Credits: Research: Sam Burton Production: Caillin McDaid Video Editor: Oliver Geraghty Executive Producer: Ellie Clifford & Henrietta Harrison Political Currency is a Persephonica Production and is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

    28 min
  8. EMQs: Keir Starmer’s problem with ministers

    Jun 22

    EMQs: Keir Starmer’s problem with ministers

    Al Carns revealed in the wake of his resignation he only met Keir Starmer in an official capacity once. On this week’s EMQs, Ed Balls and George Osborne break down how unusual this is for a PM and why it may explain the problem at the heart of the Starmer operation.  Baroness Jan Royall, Chair of the Jo Cox Foundation asks what lessons have been learned in the decade since her tragic murder and what more needs to be done to protect MPs. The pair then tackle the big political debate: is ‘white van man’ always right? Ed recalls a near disaster for the treasury with ‘white man van’, while George offers politicians advice on how to balance their personal views with meeting the public where they are. Ed and George also answer ‘Emily’s’ question on free childcare benefits and whether it should be stopped completely when you earn over £100,000.  Ed and George bring their experience to the question and discuss the pros and cons of benefits tapering rather than ending on a salary cliff edge.    Plus a Canadian listener hits back at George’s recent derogatory comments on Ottawa and asks George and Ed for their predictions if significant election results had gone another way.  Don’t forget if you’re a Kitchen Cabinet member and want to win a chance to see Centrist Dad live at the Water Rats on the 2nd July make sure to send in an EMQ to questions@politicalcurrency.co.uk with the subject ‘CENTRIST DAD’. If you have any other burning questions send them to questions@politicalcurrency.co.uk and make sure to include a voice note of your question or send a question to our social media handles: 👉 X 👉 Instagram 👉 TikTok Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today: 👉 patreon.com/politicalcurrency 👉 Apple Podcasts Please note: Kitchen Cabinet is only available via Patreon. Credits: Research: Sam Burton Production: Caillin McDaid & Nasreen Arain Video Editor: Sam Gruet Executive Producer: Ellie Clifford & Henrietta Harrison Political Currency is a Persephonica Production and is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

    47 min
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Hosts & Guests

4.2
out of 5
46 Ratings

About

Ed Balls and George Osborne take us behind closed doors into the rooms where decisions are made. Having battled it out across the despatch box, the former Chancellor and shadow chancellor now meet in the studio to discuss the decisions that affect the nation’s pockets. Our frenemies have the knowledge and experience to explain how good politics follows the economics - and expose how the powerful become powerless when faced with market forces and political currents they can’t control. Join us every Thursday. Send your messages or voice notes to questions@politicalcurrency.co.uk Find us on social media @polcurrency Political Currency is a Persephonica production. Hosted on Acast. See acast.com/privacy for more information.

Information

  • Creator
    Persephonica
  • Years Active
    2023 - 2026
  • Episodes
    314
  • Rating
    Clean
  • Copyright
    © Persephonica
  • Show Website
    Political Currency
  • Provider
    PERSEPHONICA LTD

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