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Political Currency

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Political Currency
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  • EMQs: How much power do chancellors have?
    How many times did Gordon Brown save Tony Blair from a calamitous decision? Ed Balls and George Osborne recount the times chancellors stepped in to save their PM from disaster. Does George wish he'd done it a bit more with David Cameron?And why does the Opposition leader respond to the budget and not the shadow chancellor? Ed and George try to work it out, but are not quite sure themselves - please write in! They also delve into the minimum wage rise from the budget, and signal pressing issues Keir Starmer and Rachel Reeves must tackle down the line.Finally, the pair share their dream jobs - other than Prime Minister, of course - with Ed’s being a suitably political answer and George’s being typically wide-ranging from his previous roles.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. Thanks for listening. To get episodes early and ad-free join Political Currency Gold. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Research: Sam BurtonProduction: Caillin McDaid and Paige ReynoldsVideo Editor: Maha Al-BadrawiExecutive Producer: Ellie CliffordPolitical 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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  • Has Chancellor Rachel Reeves abandoned growth?
    Does Rachel Reeves have a credible plan for growth? One day on from her Budget Statement, George Osborne and Ed Balls debate her headline measures and ask if she’s built enough of a narrative to save her job. Health Secretary Wes Streeting asks about two Osbornian policies: the sugar tax and two-child limit. How can Labour win the argument?They also talk about the disastrous OBR leak, whether anyone will be sacked, and ask how it stacks up to some of the biggest leaks in budget history… Is it worse than Ken Clarke in 1996? Or the Evening Standard beating George to the punch in 2013?Finally, they briefly turn to the war in Ukraine and debate the peace negotiations. The big question now is whether Putin has been strong-armed into signing a peace treaty, and if that means a lasting cease-fire is in sight.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 PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Research: Sam BurtonProduction: Caillin McDaid and Paige ReynoldsVideo Editor: Maha Al-BadrawiExecutive Producer: Ellie CliffordPolitical 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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  • Budget Hot Take: Has Chancellor Rachel Reeves saved herself? | LIVE reaction
    After months of speculation, briefings and leaks, Rachel Reeves has finally delivered her fated second budget. Has she done enough to save herself, Keir Starmer, and the Labour government?In a special YouTube LIVE episode, Ed Balls and George Osborne give their immediate reaction to the Chancellor's budget. They dive into who the budget was for, the overtly political tone, and whether Reeves stood by her manifesto pledges.Thanks for listening. To get episodes early and ad-free join Political Currency Gold. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon!Credits:Researcher: Sam BurtonAssistant Producer: Caillin McDaidVideo Editor: Oliver Geraghty Executive Producer: Ellie CliffordPolitical 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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  • EMQs: Is it time for a Tory/Labour truce?
    With politics fraying and radical parties growing in strength, could the Tories and Labour come together and merge into a grand coalition of the centre? Surely George Osborne and Ed Balls have proven on this podcast that great things can happen when the two parties come together… And, as budget week looms, former Treasury civil servant Jill Rutter asks how Ed and George would get themselves out of the hole Rachel Reeves is in IF there were no political repercussions? And they wonder whether we are still feeling the effects of the mini-budget or if it’s unfair for Rachel Reeves to continue blaming Liz Truss for the economic woes? Plus, they explain why too much preparation ahead of a great speech can actually be a bad thing. ~Do you want the opportunity to own a piece of British political history? In memory of the brilliant civil servant Chris Martin, a magnificent Jeroboam of Pol Roger, Winston Churchill's favourite champagne bearing the signatures of all nine living British Prime Ministers is being auctioned to raise money for Sarcoma UK. Place your bid here: https://astarauction.com/Chrismartinquiz The link will remain open until 10:30pm on the 27th November.~Thanks for listening. To get episodes early and ad-free join Political Currency Gold. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsCredits:Assistant Producer: Caillin McDaidSenior Producer: Silvia MarescaVideo Editor: Maha Al-BadrawiExecutive Producer: Ellie CliffordPolitical 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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  • Is Shabana Mahmood the heir to Blair?
    A dramatic U-turn from Labour has stopped them from breaking their manifesto, but it has also left the Budget looking messy and wide open to risk. The expected income tax rise has been shelved in favour of what some insiders call a “smorgasbord” of smaller taxes. In this episode of Political Currency, Ed Balls and George Osborne dig into whether this was a rushed scramble or a smart political play. - and the extent to which it has knocked Rachel Reeves off the story she had been shaping in the run up to Budget week.Away from the Budget noise, all eyes turned to Shabana Mahmood and her sweeping overhaul of the asylum and refugee system. The announcement has split Labour supporters. Is this the arrival of what some are already calling "Mahmoodism"? And will these measures work in practice, or just push parts of the left toward the Greens or the Lib Dems?Finally, George and Ed look from Tehran to California, where George’s former colleague Steve Hilton is suddenly leading the race for governor. Can his Trump style rhetoric, polished social media - and even the promise to control the weather - deliver an upset in a solidly Democrat state?You can access the link to the Chris Martin auction here: https://astarauction.com/Chrismartinquiz The link will remain open until 10:30pm on the 27th November.Thanks for listening. To get episodes early and ad-free join Political Currency Gold. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Assistant Producer: Caillin McDaidSenior Producer: Silvia MarescaVideo Editor: Maha Al-BadrawiExecutive Producer: Ellie CliffordPolitical 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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About Political Currency

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] us on social media @polcurrencyPolitical Currency is a Persephonica production. Hosted on Acast. See acast.com/privacy for more information.
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