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
Nov 21, 2024 • 50min
John Prescott: The punchy political powerhouse we knew
The conversation pays tribute to John Prescott, reflecting on his role as a policy powerhouse and negotiator during his time in the Labour Party. Humorous anecdotes from his career blend with discussions on the current political landscape and leadership voids. The heated topic of assisted dying legislation sparks a debate about its future, while the recent budget's impact raises questions about political maneuvering in light of emerging economic challenges. The speakers also hint at exploring Scottish independence campaigning in upcoming discussions.
Nov 18, 2024 • 36min
EMQs: Will the government support British farmers?
Tensions rise as British farmers prepare to protest against new tax rules. The hosts examine whether the government will reconsider its stance, drawing parallels to past policy changes like the 'pasty tax.' They reflect on the timing of elections amidst International influences, including Trump’s protectionist policies. Additionally, the discussion sheds light on gerrymandering and its implications for electoral fairness. The intersection of farming policies and political strategies creates a captivating dialogue.
Nov 14, 2024 • 55min
Who should be the UK’s ambassador to Trumpworld?
The podcast dives into recent controversial cabinet appointments in Trump's administration, raising eyebrows over figures like the new Defense Secretary and Attorney General. As Britain contemplates its next ambassador to the US, tensions mount over the Chagos Islands deal and potential economic fallout. Domestically, the Labour government faces backlash for raising tuition fees amid a tightening fiscal climate. The discussion balances humor with serious analysis, spotlighting the intricacies of UK-US relations and the implications for local policies.
Nov 11, 2024 • 38min
EMQs: Is there a silver lining in Trump?
The return of Trump sparks a debate about potential positives in his presidency. Pollster James Johnson encourages rethinking gloom and doom. Is the U.S. still a beacon of democracy? Media questions challenge perceptions of voter priorities. There's a humorous recount of political mishaps in D.C., blending nostalgia with absurdity. The discussion also dives into the economic disconnect voters feel versus their expectations, while the shadow cabinet's role in British politics gets an insightful review.
Nov 7, 2024 • 59min
Trump 2.0: The economic fallout
Donald Trump 2.0 presents potential seismic shifts in the global economy. Discussion centers on how aggressive trade policies might affect the UK's growth. Trump claims he could end the Ukraine war in a day—would that lead to peace or simply appeasement? Nigel Farage could serve as a unique British envoy to Trump, adding an interesting twist. Meanwhile, new Tory leader Kemi Badenoch's first performance at PMQs is reviewed, reflecting a pivotal moment in UK politics. The complexities of UK-US trade relations and the challenges posed by Trump's style further complicate the economic landscape.
5 snips
Nov 6, 2024 • 31min
HOT TAKE: Donald Trump is President
Donald Trump's surprising election victory ignites a debate on the importance of economic issues over identity politics. The discussion highlights the shifting demographics and voter priorities that led to his win. Concerns arise for UK Labour, echoing the fate of the Democrats if they fail to address living standards. The implications of Trump's leadership for both American and British politics are explored, alongside the potential support for Reform from a newfound Trump-Farage connection. It's a whirlwind analysis of shifting political landscapes!
Nov 4, 2024 • 39min
EMQs: Can you revamp a political image?
Rishi Sunak's future might not be as bleak as it seems, as insiders speculate about his potential comeback. The conversation takes a humorous turn when discussing political endorsements and their impact on elections. Historical accountability comes into play as they debate reparations for the transatlantic slave trade. There's a focus on how personal interactions can reshape how politicians are viewed, underscoring the need for humanity and respect in political discussions.
Oct 31, 2024 • 1h
What did Rachel Reeves’ Budget miss?
The aftermath of Rachel Reeves’ budget reveals significant omissions, particularly regarding child poverty and support for pensioners. Ed and George offer a critical analysis of the economic strategy and its potential impact on Labour’s future. Meanwhile, the U.S. elections heat up with a tight race between Kamala Harris and Donald Trump, raising questions about political dynamics. The discussions also touch on Japan's recent election missteps, reflecting on its economic challenges and their implications for global stability.
10 snips
Oct 30, 2024 • 36min
Budget Hot Take: Rachel Reeves’ Tax Raid
The podcast dives into Rachel Reeves' bold budget announcement, sparking a debate over £40 billion in new taxes. Ed Balls and George Osborne dissect whether the budget is a strategic gamble for Labour or a reckless move amidst economic stagnation. They analyze the potential impacts on public services like the NHS and the implications for various economic groups. The conversation touches on Labour's fiscal strategies and the delicate balancing act between increased funding and actual benefits for citizens.
Oct 28, 2024 • 36min
EMQs: Budget traditions, Briefings and Brits for Trump
The podcast dives into the impact of recent cuts to winter fuel payments and the hesitance of Labour to make bold welfare moves. A quirky discussion ensues about the tradition of Chancellors sipping brandy while unveiling budgets. The hosts dissect the murky world of political communication, including infamous leaks and briefings throughout British history. They also explore the surprisingly mixed sentiments towards Donald Trump among the UK public. Finally, Nordic music recommendations add a cultural twist to the lively conversation!
