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Political Currency

Political Currency

By: Persephonica
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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.

Persephonica
Political Science Politics & Government
Episodes
  • EMQs: Could PMQs save America?
    Jun 16 2025

    Could a weekly grilling like Prime Minister’s Questions fix US politics? In the wake of Original Sin - Jake Tapper and Alex Thompson’s damning account of Joe Biden’s final days in office - Ed Balls and George Osborne ask whether a PMQs-style showdown could bring more accountability to American democracy. And are there any American political customs they’d import to the UK in return?


    The pair then flick open their ministerial boxes: what’s it like to carry one, what can one find inside and why has it never been replaced in the digital age for something more user-friendly? A red tablet perhaps? Speaking of opening up, George responds to Michael Gove’s ex-wife Sarah Vine’s claims in her recent memoir “How not to be a Political Wife” - did he really tell her to borrow some money from her father when she was in a financial bind?


    Plus - Giles Winn, Special Advisor to the Treasury under Philip Hammond, asks about soft diplomacy in an era of ramped-up military spending. With UCL, he just released a report, The Soft Power impact of The BBC World Service’ - and he wants Ed and George to weigh in. And Christine Farquharson from the Institute for Fiscal Studies asks about the politics of the rise of Sure Start, which she recently evaluated alongside co-authors in this report.



    To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet: 👉 patreon.com/politicalcurrency

    👉 Apple Podcasts


    Please note: Kitchen Cabinet is only available via Patreon


    Producer: Miriam Hall

    Senior Producer: Silvia Maresca

    Video Editor: Danny Pape

    Executive Producer: Ellie Clifford


    Political Currency is a Persephonica Production and is part of the Acast Creator Network.


    Hosted on Acast. See acast.com/privacy for more information.

    Show More Show Less
    45 mins
  • Reeves's Spending Review ‘gamble’: continuity or change for Labour?
    Jun 12 2025

    Rachel Reeves has finally delivered her much-anticipated Spending Review, but has it done anything to shift Labour’s story? George Osborne calls it “continuity Sunak,” arguing that the big spending pledges are less a break from the past and more a continuation of Boris Johnson and Rishi Sunak’s economic path. Ed Balls says Reeves is taking ‘a real gamble’ without ‘any insurance’, boxing herself in with big promises, uncertain growth, and no room to manoeuvre.


    With defence and the NHS coming out on top, and departments like the Foreign Office facing deep cuts, what does this Review tell us about Labour’s true priorities? And can the party really keep these pledges without raising taxes or breaking its own fiscal rules?

    Meanwhile, across the Atlantic, Donald Trump is making headlines once again, this time for turning on his old ally Elon Musk and deploying troops into LA over immigration protests. Ed and George assess what it all means for the UK’s relationship with Trump, the future of US-UK diplomacy, and Starmer’s carefully built transatlantic strategy.


    To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:

    👉 patreon.com/politicalcurrency

    👉 Apple Podcasts


    Please note: Kitchen Cabinet is only available via Patreon.


    Producer: Miriam Hall

    Senior Producer: Silvia Maresca

    Video Editor: Danny Pape

    Executive Producer: Ellie Clifford


    Political Currency is a Persephonica Production and is part of the Acast Creator Network.



    Hosted on Acast. See acast.com/privacy for more information.

    Show More Show Less
    1 hr
  • EMQs: The art of political sacking
    Jun 9 2025

    Two Members of Parliament (and a former too!) are seeking Ed Balls’ and George Osborne’s counsel this week. The pair consider the impact of AI, courtesy of a question from Alan Mak, the MP for Havant and the Shadow Secretary of State for Science, Innovation and Technology - who has rung in to ask how emerging technologies can help governments run better. Meanwhile, Jake Richards, a newly elected Labour member, wants their views on immigration policy.


    And Ed and George are live, unscripted, and face-to-face for the first time - answering questions at the SXSW festival. The pair consider how best to handle a political sacking - would a couple of sherries help? Or should one invest in a coffee machine so you never have to leave the house? They also mull the value of a Politics, Philosophy and Economics (PPE) degree. Plus, they share their favourite political jokes, and the role of humor and satire in the current environment …


    To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:

    👉 patreon.com/politicalcurrency

    👉 Apple Podcasts


    Please note: Kitchen Cabinet is only available via Patreon.


    Producer: Miriam Hall

    Senior Producer: Silvia Maresca

    Video Editor: Danny Pape

    Executive Producer: Ellie Clifford


    Political Currency is a Persephonica Production and is part of the Acast Creator Network.

    Hosted on Acast. See acast.com/privacy for more information.

    Show More Show Less
    48 mins
All stars
Most relevant  
Truly insightful - keep up the good work! Especially enjoy the deep dive into the formation of the coalition. More please.

1st class

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I'm really excited to hear more of your podcasts. it's so interesting to hear your stories from your time in politics and your take on current events. Looking forward to next week's.

really enjoying the podcast

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The best political podcast by far! You both have the ability to make important political news really easy to understand and add a bit of fun too! Great!

Really informative and enjoyable

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