

Political Currency
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 questions@politicalcurrency.co.ukFind us on social media @polcurrencyPolitical Currency is a Persephonica production. Hosted on Acast. See acast.com/privacy for more information.
Episodes
Mentioned books

17 snips
Oct 6, 2025 • 44min
EMQs: The return of the TBGBs?
New Labour is trending on TikTok, and the hosts dive into why Gen Z is obsessed with 90s politics. They analyze how recent political dynamics might signal a TBGB comeback, particularly looking at key figures like Bridget Philipson. Discussion shifts to Scottish Labour's strategy for upcoming elections and how fiscal policies could play a crucial role. The duo warns against alienating voters with careless language while brainstorming how the Conservatives can rebuild their credibility in opposition. Expect humor and sharp insights throughout!

19 snips
Oct 2, 2025 • 1h 2min
Will Starmer's attack on Farage pay off?
In a gripping discussion, political experts dissect Keir Starmer's bold move of targeting Nigel Farage, weighing its risks and potential to unify the Labour Party. They also delve into Donald Trump's controversial Gaza peace plan, exploring its implications for the Middle East. The hosts ponder the return of Tony Blair and his role in this evolving narrative. Another hot topic includes Rachel Reeves' proposal to alter the UK's economic forecasting, a shift that could reshape fiscal policy and transparency.

30 snips
Sep 29, 2025 • 37min
What REALLY goes on at party conference?
Join Sir Oliver Letwin, a former Conservative MP and Cabinet minister, as he shares a gripping first-hand account of the 1984 Brighton bombing. The conversation delves into the chaotic world of party conferences, from managing applause for political leaders to the intense security measures in place. Letwin reflects on the lasting impact of political violence on conference life, while discussing the fine line between messaging and reality. Discover how small incidents can create significant headlines in this insightful exploration of political dynamics.

21 snips
Sep 25, 2025 • 1h 1min
Is Andy Burnham coming for Keir Starmer’s job?
Tensions rise within Keir Starmer's government as Donald Trump's provocative speech at the UN sparks debates about loyalty and leadership challenges. The hosts delve into speculation around Andy Burnham's potential bid for leadership amidst a £30 billion fiscal gap. They also tackle the controversial idea of a wealth tax and whether a digital identity scheme could address migration issues. With Labour's internal strife laid bare, the discussion ponders the implications for the party's stability and direction.

27 snips
Sep 22, 2025 • 38min
EMQs: Is there room for optimism in politics?
Join Richard Curtis as he leads a lively discussion about hope in politics. Ed Balls shares uplifting news about breakthroughs in fighting diseases, while George Osborne highlights how technology is changing lives for the better. Sadiq Khan chimes in on what makes London special, from its diversity to the Underground. Plus, Seyi Akiwowo inspires young voters by exploring the importance of safe online communities and optimistic campaigning. It’s a refreshing take on politics filled with positivity and progress!

31 snips
Sep 18, 2025 • 1h 1min
A looming coup for Starmer?
In a whirlwind recap, Ed shares juicy details from the lavish state banquet with President Trump. The conversation dives into Labour's internal struggles, highlighted by Angela Rayner's abrupt exit and growing leadership competition, especially with Andy Burnham eyeing the top spot. Meanwhile, Tory defections to Reform stir the pot further. On the economic front, they break down interest rate shifts from the Fed and the Bank of England, alongside the mounting pressures on upcoming budgets. Get ready for a rollercoaster ride through British politics!

23 snips
Sep 15, 2025 • 45min
EMQs: Lasagna plots and Shakespearean AI bots
Discover the frantic truth about the first 24 hours of a new government role, from chaotic briefings to the drivers' secret insights. Dive into the infamous 'Lasagna-gate' incident, sparking a wild conspiracy theory around a dinner party. Listen as AI takes on the challenge of writing a Shakespearean sonnet for political speeches, revealing its creative limits. The hosts also share tips on transitioning to podcasting, reflecting on the humorous chaos of political life and the evolving role of technology in communication.

19 snips
Sep 11, 2025 • 57min
Peter Mandelson OUT. George Osborne… IN?
Peter Mandelson's sudden ousting sheds light on a tumultuous political climate, with speculation about George Osborne stepping in as US Ambassador. The conversation shifts to ongoing instability in Keir Starmer’s government, intensified by Angela Rayner's resignation and a significant deputy leadership contest. Candidates Bridget Phillipson and Lucy Powell emerge, potentially reflecting deeper rifts within the party. As the stakes rise, the hosts humorously contrast serious political shifts with personal anecdotes, making for a lively discussion.

Sep 8, 2025 • 46min
EMQs: Car doors, pole dancers and Diary columns
Dive into a lively debate on how politicians should handle tough conversations about immigration. Ed Balls and George Osborne tackle generational divides, with a Gen Z listener questioning the establishment. Discover the 'chicken run' strategy – is it cowardly or wise? Enjoy humorous anecdotes, including Ed's car door mishap and a pole dancing story. The duo also reflect on the importance of diary columns and the fun of political gaffes, blending lightheartedness with the seriousness of engaging younger voters.

11 snips
Sep 4, 2025 • 1h 11min
Could sacking Rayner make her a ‘backbench martyr’?
Political tensions are heating up as Angela Rayner faces scrutiny over her tax mishaps, prompting discussions about her fate within the Labour party. Meanwhile, Nigel Farage's influence looms large, pushing immigration and crime to the forefront while the government grapples with its response. As Keir Starmer attempts a leadership reset with new appointments, questions arise: will this restructuring bring clarity or merely distract from deeper issues? The conversation highlights the evolving landscape of free speech and the significance of effective communication strategies in today’s political climate.