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

11 snips
May 22, 2025 • 59min
Is winter fuel U-turn a leadership 'fiasco' for Labour?
The political landscape is heating up with a controversial U-turn on winter fuel allowances, sparking debates on leadership credibility. Speakers reflect on the messy implications for Labour's standing with voters and discuss the suspension of trade talks with Israel amidst Gaza tensions. A deep dive into the recent UK-EU trade deal reveals the complexities of fishing industry dynamics. The conversation also touches on the ongoing debate around bank ring-fencing, weighing the legacy of prior regulations against current economic needs.

6 snips
May 19, 2025 • 39min
EMQs: Is Trump accidentally going green?
Join a lively discussion about the surprising green implications of Trump's tariffs. Hear insights on the political dynamics between senators and governors, and reflect on personal memories from PMQs in Parliament. Explore innovative proposals for employment incentives and the complexities of job seeking in today's climate. The hosts also share whimsical hypotheticals about future political ambitions, all while keeping the tone light and engaging.

20 snips
May 15, 2025 • 1h 5min
Is Labour’s immigration blitz worth the price?
Keir Starmer's divisive immigration remarks have stirred debate, with Ed Balls seeing potential benefits and George Osborne sensing a shift towards conservative rhetoric. The discussion expands to Donald Trump's Middle East tour and its implications for U.S. foreign policy. Attention also turns to Trump's tariffs on film production, analyzing the potential impact on the UK industry. Amidst this, exciting news emerges about a live show opportunity for listeners looking to engage further with the content.

13 snips
May 12, 2025 • 30min
EMQs: Can Reform UK fix broken councils?
Join a lively discussion as hosts reflect on the impact of the new trade deal with India and the proposed CANZUK alliance. They dive into the challenges facing local councils, including how to support the most vulnerable amidst financial pressures. Listeners also hear personal anecdotes about camping adventures, bringing some lighthearted fun into the mix. The dynamics of international relations and the role of young Conservatives in local governance are also explored, providing a blend of humor and insight into current political landscapes.

22 snips
May 8, 2025 • 1h 2min
Starmer's Trump Bump? The UK-US trade deal
The Labour government's recent trade deals with India and the US spark intriguing discussions about Starmer's approach to the Trump administration. Ed and George dissect how these agreements may influence Labour's stance on immigration and economic priorities. The rise of Nigel Farage's Reform Party adds pressure on traditional parties, prompting a reassessment of strategies. Meanwhile, the Bank of England's interest rate decisions raise questions about the UK's economic future amidst contrasting policies from the US Federal Reserve.

May 5, 2025 • 36min
EMQs: A Brit for Governor of California?
The candidacy of a British figure for California's governorship sparks intriguing discussions about multicultural governance. Exploring podcast habits among politicians reveals fascinating insights into media influence on election strategies. The conversation dives into the complexities of fundraising and local Republican dynamics in California's unique political landscape. Also highlighted is the essential interplay of economics and political decision-making, encouraging young listeners to engage more in political discourse.

21 snips
May 1, 2025 • 1h 5min
Trump’s tumultuous first 100 days, UK local elections and the end of two party politics?
Local elections in England are a critical test for key political figures, while Donald Trump’s first 100 days have pushed stock markets into turmoil. The podcast delves into the potential collapse of traditional two-party politics amidst the rise of new movements. It highlights the challenges faced by Labour and the Conservatives and the implications of Mark Carney's recent victory in Canada. Additionally, the discussion touches on negotiating trade deals post-Brexit and the evolving dynamics of U.S.-Canada relations.

7 snips
Apr 28, 2025 • 52min
Inside The Room: The Election That Never Was (Part 3)
In this installment, Andrew Marr, a seasoned political journalist, and Deborah Mattinson, a veteran political pollster, dive into the chaos of October 2007 when Gordon Brown hesitated to call a snap general election. They discuss the intense strategy sessions leading up to the decision, revealing the swirling doubts and pressures within Brown's team. Marr shares the inside scoop on his historic interview with Brown right after the cancellation, shedding light on the dynamics of political decision-making and media influence during this tumultuous period.

14 snips
Apr 24, 2025 • 44min
Inside The Room: The Election That Never Was (Part 2)
Election Speculation... Labour had a substantial lead in the polls in 2007, fuelling talk of a snap general election to cement Gordon Brown’s place in Number 10. And things only got better as the party arrived in Bournemouth for their party conference. By the end of it, election fever was well and truly in the air.To listen to episode 3 straight away, sign up to Political Currency Gold or our Kitchen Cabinet. Head to Apple Podcasts or www.patreon.com/PoliticalCurrency to find out more. Subscribers will also get exclusive access to 'The Inquiry' - our bonus episode where Ed and George give their reflections on the series.EPISODE 2: Labour’s rivals had to follow the show, and shadow chancellor George Osborne had an ace up his sleeve to unveil at their own conference in Blackpool: a hugely popular cut on inheritance tax. David Cameron followed it up with his own surprise move, a ‘no-notes’ speech that was well received. Suddenly, the polls swung back, erasing the Labour lead in less than a week. Deborah Mattinson - a key pollster for Gordon Brown - continues in the studio with George and Ed to relive these tumultuous couple of weeks.Producers: John Rogers and Miriam HallTechnical Producer: Danny PapeExecutive Producers: Ellie Clifford and Dino SofosPolitical Currency is a Persephonica Production and is part of the Acast Creator Network Hosted on Acast. See acast.com/privacy for more information.

49 snips
Apr 21, 2025 • 49min
Inside The Room: The Election That Never Was (Part 1)
Deborah Mattinson, former chief pollster for Gordon Brown, shares her insights on the pivotal moments that shaped British politics in 2007. She and the hosts reminisce about the chaotic early days of Brown's premiership, his attempts to manage crises, and the profound impact of budget decisions on voter sentiment. The transition from Tony Blair to Brown is unpacked, revealing contrasting leadership styles and the challenges that arose. The conversation is a fascinating reflection on an election that never happened and the dynamics that influenced a nation.