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
Aug 28, 2025 • 1h 8min
Emily Thornberry on the Corbyn era, being left out of government and Starmer’s first year
Dame Emily Thornberry, Labour MP for Islington South and chair of the Foreign Affairs Committee, delves into the Corbyn era, imagining a world with Prime Minister Corbyn and how the UK might have fared. She reflects on Starmer's first year, advocating for more confidence and a strategic approach to inherited challenges. Additionally, Thornberry shares insights from her two decades in Parliament and emphasizes her unwavering loyalty to the Labour Party, while the hosts discuss the intricacies and stakes of government reshuffles.
26 snips
Aug 25, 2025 • 43min
EMQs Political Craft Special: Speeches, diaries and the art of politics
The hosts explore the essential skills of political life, questioning if a single speech can still shift political tides. They discuss memorable parliamentary interventions that have changed legislation, share anecdotes from their early days as MPs, and reveal the quirks of managing a ministerial diary. The balancing act of cabinet roles versus constituency duties is highlighted, along with insights on the surprisingly lighter cabinet positions. Light-hearted tales from the parliamentary tea room showcase the camaraderie and rivalries between parties.
16 snips
Aug 21, 2025 • 1h 7min
Wes Streeting on battling the Treasury, his plan for the NHS, and the reality of power
Wes Streeting, Labour's Secretary of State for Health and MP for Ilford North, shares insights from his first year in power after years in opposition. He discusses Keir Starmer's leadership style and ambitious plans to empower patients and focus on NHS reform. Streeting also points out that Nigel Farage and Reform UK have become the 'real opposition.' Plus, he and George Osborne reveal hilarious tales about the lives of ministers and their drivers, shedding light on the unique camaraderie and gossip that can shape political careers.
11 snips
Aug 18, 2025 • 40min
EMQs Young People Special: Why won’t politicians listen to the next generation?
Young voices are often overlooked in political discussions, especially regarding job markets and housing. The guests tackle the disconnect between youth aspirations and available opportunities, highlighting the need for better career guidance. They also delve into the influence of role models and social media in shaping career paths. The possibility of rejoining Erasmus+ sparks debate, along with reflections on Brexit's enduring legacy. Furthermore, critical issues like sewage pollution and water quality regulations emphasize the importance of political responsibility for future generations.
23 snips
Aug 14, 2025 • 1h 3min
Sarah Vine on Michael Gove, the Camerons, and why she's done with "toxic" politics
In this engaging conversation, Sarah Vine, a columnist and author, shares her heartfelt experiences from her tumultuous marriage to politician Michael Gove. She reveals how Westminster's toxic culture strained her friendships, particularly with the Camerons, and impacted her mental health. Discussing her memoir, she candidly reflects on the emotional turmoil of public life, including her struggles with postnatal depression. The talk also sheds light on the often-misunderstood role of parliamentary whips, revealing their significance in shaping politics.
Aug 11, 2025 • 41min
EMQs Books Special: Do politicians make good writers?
Curious about why notable politicians like Ed Balls and George Osborne haven't penned memoirs? This discussion reveals intriguing insights on the impact of their untold stories. Dive into a political tension moment between Ed and Tony Blair regarding the Euro, exploring historical context and personal reflections. The hosts share summer reading recommendations, blending political biographies with fiction, and speculate on the possibility of politicians crafting their own thrillers. Humor and thought-provoking commentary make for a captivating literary journey.
20 snips
Aug 7, 2025 • 58min
Kwasi Kwarteng on the Liz Truss meltdown, getting sacked and Kemi Badenoch’s future
Kwasi Kwarteng, the former Chancellor of the Exchequer under Liz Truss, shares candid insights about the disastrous mini-budget and his unexpected sacking. He discusses the Bank of England’s critical intervention and calls for unity within the Conservative Party. Kwarteng emphasizes lessons learned from political setbacks while also reminiscing about the art of speechwriting. He reflects on the importance of effective communication in politics, showcasing how memorable speeches have the power to shape political narratives.
9 snips
Aug 4, 2025 • 48min
EMQs: Is a two-state solution still possible?
The possibilities of a two-state solution between Israel and Palestine are dissected, raising unsettling questions about public opinion post-conflict. A listener's personal tragedy during healthcare strikes sheds light on the debate over end-of-life care in the UK. Insights into political accountability and the ongoing impacts of junior doctor negotiations highlight the intricate ties between healthcare and politics. Plus, a fascinating look into the experiences of cabin crew with politicians offers a unique glimpse into life at 30,000 feet.
28 snips
Jul 31, 2025 • 1h 7min
Could the UK spiral into a ‘debt doom loop’?
The IMF's optimistic global growth forecast raises questions about the UK's fiscal future. Ed Balls and George Osborne debate potential tax hikes as spending cuts are deemed unlikely. Keir Starmer’s recent commitment to recognize the Palestinian state signals a shift in diplomatic relations with the US. Meanwhile, the impact of Brexit continues to haunt the UK economy, with rising national debt and stagnating growth presenting tough challenges. Lastly, communication strategy changes in Downing Street add another layer of complexity to navigating these political waters.
Jul 28, 2025 • 36min
EMQs: Was HS2 a complete waste of money?
The discussion kicks off with a critical look at the HS2 railway project, questioning if its massive costs were justified or if the money could have been better spent. Age limits on voting are debated, raising the question of whether those over 70 should influence decisions like Brexit while younger voters remain voiceless. The speakers also share hilarious heckling moments from political history, showcasing the blend of humor and tension in politics. Expect sharp insights and some laughter as they navigate these pressing issues.
