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Political Currency
by Persephonica
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 [email protected] Find us on social media @polcurrency Political Currency is a Persephonica production. Hosted on Acast. See acast.com/privacy for more information.
Episodes
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EMQs: Who Lifts Heavier, Ed or George?
Author Philip Delves Broughton asks Ed Balls and George Osborne whether Britain could survive an energy shock like the 1973–74 oil crisis, which ended with a three-day week and the fall of the Heath government. George warns of voters blaming the government while Ed argues that the real danger…
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Does Burnham have a foot in mouth problem?
International politics can disrupt the best laid plans of any government, and this week was no different. Ed Balls and George Osborne delve into a week that has been dominated by the war in Ukraine, and how Andy Burnham has chosen to navigate it. Donald Trump has made a deal with Russia on…
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EMQs: The truth about government war gaming
Money saving expert Martin Lewis sends in a question for Ed Balls and George Osborne this week, all about the tiny fixes. He tasks the pair with contributing to his new Small Ideas Initiative, proposing their own solutions to the most annoying problems in Britain. Ed goes for football tickets,...
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Have Burnham & Badenoch restored two-party politics?
Party conference season is over, and it went out with a bang. The Greens have been engulfed by controversy over Zionism, and the Tories have been repositioning as the leading party on the right. Ed Balls and George Osborne delve into what the troubles for the Greens means for Labour, who now...
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EMQs: Should John Healey recruit ex-chancellors?
A questioner from Instagram takes Ed Balls and George Osborne back 20 years in this week’s EMQs, reminiscing on fringe events at party conferences that drew no audience. They reflect on how to handle hosting a sparsely attended event, and the awkwardness George got into when asked a question…
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Will Burnham’s big and bold speech backfire?
The dust has settled on Andy Burnham’s conference speech, and the verdict is positive. However, there are lingering questions. Ed Balls and George Osborne, fresh off their Hot Take, set out to answer the most pressing ones. Is the PM moving too early on the triple lock? Has the National Care...
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HOT TAKE: Our verdict on Burnham’s conference speech
Andy Burnham’s first Labour conference speech was pitched as a break from your standard conference speech, but did it deliver? Ed Balls and George Osborne went live earlier this afternoon to give their verdict on the speech. How will reform of the triple lock work? Has he sewn up a coalition with...
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EMQs: Biggest conference clangers
In a star studded edition of EMQs, Sky News political editor, and rival podcaster, Beth Rigby asks Ed Balls and George Osborne for their biggest party conference cock-ups over the years. George takes us behind the scenes and back to 2007 to a moment that could have ended his and David Cameron’s...
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Can the Burnham & Trump love-in last?
Andy Burnham has finally met Donald Trump, and George Osborne concludes it went as well as it possibly could. He and Ed Balls delve into the two leaders’ meeting in New York this week, and just how Britain navigates the rising tensions around AI in the wake of Australia’s health data breach.…
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EMQs: The challenges criticising Netanyahu with rising anti-semitism?
How do you unite leaders to come together and work for a common goal? Tom Fletcher, who works for the UN on Humanitarian Affairs and Emergency Relief, asks this very question to Ed Balls and George Osborne on this week’s EMQs. As part of the Be Hope podcast takeover, Tom asks the pair how to make…
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Has Burnham wasted his honeymoon?
The budget crunch is on for Andy Burnham’s new government, with Ed Balls and George Osborne warning that the economic outlook has got much worse from when the new PM entered No. 10. The Fed raising interest rates, and the Bank of England likely to follow this autumn, create a stark picture for...
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EMQs: Why does Farage fall out with everyone?
Veteran journalist John Sweeney starts this week’s EMQs asking Ed Balls and George Osborne why Farage falls out with all his mates. From Rupert Lowe right back to his Ukip days, the Clacton MP has a long list of former friends turned bitter enemies. Is this part of the grit needed to be a...
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Has Andy Burnham gone too far on Israel?
Foreign affairs took centre stage in British politics this week, with Andy Burnham finally showing where he stands. Ed Balls and George Osborne examine the shake-up in rhetoric to Israel/Gaza, but suggest the policy was already planned by the Starmer government. George wonders whether Ed…
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EMQs: From Athelstan to Dollywood
Off the back of our preview of the Bayeux Tapestry, The Rest is History’s own Tom Holland asks Ed Balls and George Osborne about another significant English date: 926. The show is broadcast from inside the British Museum and Tom asks whether we should celebrate this date, commonly thought to be…
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Inside the British Museum’s Bayeux Tapestry Coup
In this week’s episode, George Osborne and Ed Balls broadcast from the magnificent Bayeux Tapestry exhibition at the British Museum - the only podcast allowed in the space. Joined by curator Michael Lewis, they discuss the dramatic diplomacy that saw the delicate masterpiece travel from France to...
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EMQs solutions special: Burnham reviving Sunak’s national service plan?
In this policy focused edition of EMQs, Ed Balls and George Osborne are thinking about the big ideas to help solve Britain’s big issues. They first consider whether steps should be taken to offer tax incentives for having children, as countries like Hungary have done. Ed and George explain why…
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Amol Rajan: Why I’m leaving the BBC
In our final special summer interview, George Osborne sits down with Amol Rajan as he leaves the Today Programme for a new venture. Amol gives George the scoop on his latest endeavour on YouTube and how he sees the media landscape shifting from his old stomping grounds of newspapers, radio, and...
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EMQs What If: Ed and George had never entered politics?
For our third summer EMQs we’re returning to our What Ifs. Ed Balls and George Osborne first consider how Britain would change had they never entered politics? Would the Bank of England become independent? Would there be a Manchester mayoralty? Or, would it have had no impact? What if George got...
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Sue Gray: Why working under Keir Starmer became ‘unbearable’
The third of our exclusive summer interviews sees Ed Balls sit down with the former Chief of Staff for No. 10 Sue Gray. In her first major interview since her dramatic split from Keir Starmer’s team, she details the lead up to entering Downing Street and just where things went wrong. Gray…
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EMQs America special: Best President there never was
This week’s themed EMQs is all about America. Ed Balls and George Osborne reflect on their memories of the US from the Founding Fathers right through to Trump. They first consider whether the MAGA worldview is baked into American politics, particularly on an international level, and will affect...
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Yvette Cooper: What Starmer got wrong
Our second summer interview sees George Osborne sit down with the new Health Secretary and one of Labour’s most experienced ministers, Yvette Cooper. She was the first minister to take maternity leave and is of course George’s podcasting partner’s other half. They talk about her nearly 30 years…
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EMQs Media special: Did podcasts ruin Keir Starmer?
In this media themed episode of EMQs, Ed Balls and George Osborne dip into the archive of questions from the past year to put all things media and politics into the spotlight. Fellow podcasters Jane Garvey and Fi Glover send in a question to find out why there are no interviewers quite like Brian...
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Kemi Badenoch: Why she won’t make a deal with 'woke' Reform
In the first of our summer interviews, Ed Balls sits down with Kemi Badenoch, leader of Conservative Party and Leader of the Opposition. The wide ranging interview begins with her Nigerian upbringing, coming to the UK at 16, and how that informs her immigration policy. Badenoch also details just...
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EMQs: Is Britain lazier than America?
Grimsby MP Melanie Onn sends in a question for this week's EMQs, querying why George went straight to Grimsby as a challenge for devolution in a recent episode. The pair delve into challenges facing Andy Burnham’s devolution agenda, and how past governments have failed and succeeded in addressing...
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Can Burnham end Britain’s social care crisis?
Week two of the Andy Burnham premiership has come with a honeymoon and polling bounce. Ed Balls and George Osborne look at how he’s returned to a more collaborative approach with his cabinet, and the comms strategy which has seen pork scratchings become an international talking point. But what...
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EMQs: The reality of reshuffles
South Yorkshire Mayor Oliver Coppard is our first questioner on this week’s EMQs, asking whether other MPs will follow in Andy Burnham’s footsteps and leave Westminster to become mayors. Ed Balls and George Osborne speak about the career opportunities that could come with these positions and how...
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Will Burnham’s radical reshuffle work?
A new dawn has broken, with the Andy Burnham premiership finally beginning. Ed Balls and George Osborne dive deep into the packed first week of PM Burnham, from his first words at Downing Street, to his massive reshuffle, and initial policy announcements. Is he being too ambitious out of the…
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EMQs: Why don’t politicians apologise?
This week, Ed Balls and George Osborne hear from a current and former Member of Parliament. Former Tory minister Greg Clark asks if Andy Burnham’s pledge for ‘devolution in every postcode’ is attainable, while Starmer loyalist John Slinger puts forward his proposals for a ‘youth triple lock’ to...
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How Ann Widdecombe’s killing has reshaped British politics
The shocking killing of Ann Widdecombe has set a sombre tone in British politics in the last week. Ed Balls and George Osborne delve into the political implications of this tragedy, examining the changing police messaging and debating what the solution for protecting politicians should be. They...
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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…
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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…
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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...
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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…
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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...
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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...
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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...
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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...
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How’s Britain and George Osborne, 10 years on from Brexit?
Keir Starmer’s legacy is on the line, no matter who wins in Makerfield. A flurry of announcements from social media bans to the defence strategy have seen the PM attempt to recentre himself in the narrative as his greatest rival comes closer and closer to re-entering Westminster. This week, Ed...
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EMQs: Will new laws protect children online?
How effective will new UK laws be at protecting children online? Ed Balls and George Osborne hear a question from Natalie Fleet, the Minister for Safeguarding and Violence Against Women and Girls. They discuss the technology that can help, the importance of legislation keeping pace with risks…
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Is it the final blow for Starmer as Healey resigns?
The shock resignation of defence secretary John Healey has prompted an emergency input from Ed Balls and George Osborne for this week’s episode. They react to why he went, what it means for the government and how defence spending will become a bigger crunch point than it was already. In one…
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EMQs: The best place to be an MP if you're a lover of rhubarb
In this week’s EMQs George Osborne and Ed Balls take on a question from Jeremy Hunt who asks if chancellors are under pressure to push through new reform as soon as they are in office. Ed and George bring their experience to the query. Following the Pope’s letter on the topic of AI, one listener...
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Did Farage go too far or score political points this week?
British politics has been dominated this week by the horrifying murder of student Henry Novak and the political storm that followed the release of police bodycam footage. Ed Balls and George Osborne examine the tragedy, the questions it raises around “two-tier policing” and the political…
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EMQs: Is Makerfield the UK’s presidential election?
Was George Osborne about to abandon David Cameron in the 2005 Tory leadership race? That’s the first question on this week’s EMQs, where George recounts the mistakes made by the David Davis campaign that allowed Cameron to ascend. Ed Balls shares similar mistakes of David Miliband’s 2010…
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Is Tony Blair the Logan Roy of Britain?
The battle for Makerfield is on, so this week Ed Balls and George Osborne dig into this consequential by-election’s frontrunners. Andy Burnham is radical in tone, but are his policies more conservative when you dig in? Reform’s Robert Kenyon has lost his shine as sexist and remain leaning views...
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EMQs: Should retired politicians go on Question Time?
Following Green MP Hannah Spencer’s comments on drinking culture at Westminster, Ed Balls and George Osborne answer whether MPs should be better behaved in general during Parliamentary sessions. They make the case for heckling and jeering, comparing it to more civilised Parliaments and systems to...
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Burnham, Streeting, and Rayner’s race to No. 10
British politics has moved at a rapid pace the last week, with Andy Burnham securing his root to parliament, Wes Streeting reigniting Brexit debates, and a defiant No. 10 fighting on through all of it. Ed Balls and George Osborne examine the leadership race, the manoeuvres being made by Streeting...
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EMQs: Should we vote on weekends?
Last week’s local elections saw votes counted during the Friday to save costs, and inspired one listener to ask Ed Balls and George Osborne why that isn’t always the case. He also wondered why we don’t vote at weekends like other European countries. The pair explain the historical roots of the...
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Who should be the next prime minister?
Wes Streeting’s resignation is the latest domino to fall amid the threat to Keir Starmer’s premiership, in a chain reaction that could lead to months of chaos. Ed Balls and George Osborne evaluate where the government and Keir Starmer can go from here. Should he resign? And how would Andy…
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HOT TAKE: Is it over for Starmer?
The fallout of the local elections was as many had predicted, but the chaotic aftermath demanded a reaction. Ed Balls and George Osborne went live on YouTube earlier today to give their thoughts on just how bad things are for Keir Starmer. They reflect on the heavy defeat Labour suffered on...
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EMQs: Is politics like snooker?
Fresh off his trip to the Crucible to see the snooker, Ed Balls brings a question for him and George Osborne to answer on just how similar politics and snooker are. Is it all about the long game? Or do you take the risky shot when the opportunity arises? Are the two even similar? And do Ed and...
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ABOUT THIS SHOW
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 [email protected]
Find us on social media @polcurrency
Political Currency is a Persephonica production.
Hosted on Acast. See acast.com/privacy for more information.
HOSTED BY
Persephonica
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