
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

May 8, 2024 • 1h 6min
Defections, coalitions and China-UK relations
Topics include Rishi Sunak's challenges, Labour's election prospects, and China-UK relations. Is Keir Starmer on track for a small majority? How would a prime minister improve Sino-UK relations?

May 2, 2024 • 60min
Will local elections bring down Sunak?
It’s polling day. Ed Balls and George Osborne give their expert analysis on the importance of local elections: what contests do you need to look out for? And what do they reveal about Rishi Sunak’s political fortunes?Across the border, the Scottish National Party is in turmoil after First Minister Humza Yousaf resigned. Could this open the door to a Labour resurgence in Scotland?Speaking of, the person hoping to lead that resurgence is Keir Starmer. But how well do we really know the man hoping to be our next Prime Minister? George has called up Keir’s old friend Andrew Cooper to find out more about the Labour leader’s youth.Become a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes, receive early access to EMQs and Inside The Room, and to live show tickets. Try for free: patreon.com/politicalcurrency or on Apple Podcasts: apple.co/politicalcurrencyRemember to send us your questions to questions@politicalcurrency.co.ukProducer: Rosie StopherProduction support: Miriam HallTechnical Producer: Will Gibson SmithExecutive Producers: Dino Sofos and 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.

Apr 28, 2024 • 39min
EMQs: Ed Balls Day
It’s the most auspicious day of the year: Ed Balls Day. To celebrate, George has got his Ed Balls mask out (not a euphemism), and is ready to go Inside the Room. Just kidding. But he has in fact organised some questions from Ed’s nearest and not-so dearest. Shadow chancellor Rachel Reeves asks about Ed’s favourite Gregg’s order. Bandmate and Political Journalist Robert Peston wants to know why regulation of public services has gone so badly wrong, and Ed’s successor in his Morley and Outwood seat, Andrea Jenkyns, wonders if he regrets Labour’s gold sale. Plus, the icon that is Delia Smith asks about their shared passion: Norwich City Football Club. Not that that will stop Ed and George discussing their favourite Delia recipes. Head to our social media platforms to see how Ed celebrated Ed Balls day this year @polcurrency Producer: Rosie StopherProduction support: Ellen MorganTechnical Producer: Will Gibson Smith and Oliver Geraghty Executive Producers: Dino Sofos and 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.

Apr 25, 2024 • 1h 1min
Planes, Trains and Nationalism
After two years, Rishi Sunak can finally celebrate a Rwanda victory as his bill passes in parliament - but Ed Balls and George Osborne can’t help noticing it’s been somewhat overshadowed by an announcement on defence spending. Is the government playing with fudged figures? And is it even worthwhile as far as voters are concerned?St George’s Day saw an unexpected new poster boy this week - and no, it’s not George, much to his chagrin. Keir Starmer is embracing his patriotic side. Ed and George weigh in on whether now is the right time to be flying the English flag, and if a dose of nationalism (and a nationalised railway) is the way to win an election.And across the pond, presidential polling has been shaken up by the emergence of Robert F. Kennedy Jr. as a viable third candidate ready to split the vote. But whose vote will it split exactly? Producers: Rosie Stopher Production support: Ellen MorganTechnical Producer: Will Gibson Smith and Oliver Geraghty Executive Producers: Dino Sofos and 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.

Apr 22, 2024 • 38min
EMQs: Blunders, Bag Carriers and Biden’s Stammer
Is the role of a PPS more than just a ‘bag carrier’ and when has it gone wrong? If Ed and George could have a cardboard cut out of any politician who would it be? And BBC Radio 4’s Amol Rajan asks Ed about Joe Biden’s stammer. Should the American President talk more openly about his speech impediment? Plus, is the rise of the smartphone to blame for us all being less productive? And should 16 and 17 year olds have been allowed to vote in the Brexit referendum? Become a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes, receive early access to EMQs and Inside The Room, and to live show tickets. Try for free: patreon.com/politicalcurrency or on Apple Podcasts: apple.co/politicalcurrencyRemember to send us your questions to questions@politicalcurrency.co.ukProducer: Rosie Stopher and Miriam Hall Technical Producer: Will Gibson Smith and Oliver Geraghty Executive Producers: Dino Sofos and 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.

Apr 17, 2024 • 60min
Liz Truss for PM?
It should have finally been a bumper week for Rishi Sunak - with inflation down, a win for his smoking ban and with success on his Rwanda legislation within sight.But instead, would-be Tory leaders have been hogging the limelight. Liz Truss is back with a vengeance. Could her ‘Trump-style’ return to form see her reinstated as head of the party? Or is it Kemi Badenoch’s time to shine? Why has her stance on the smoking ban been rubbing her colleagues up the wrong way? And as we head towards the local elections, party leaflets are coming in thick and fast. That is, if you can tell which party it’s come from - because George has noticed some parties are a bit more keen to dwell on their Westminster representatives than others…Become a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes, receive early access to EMQs and Inside The Room, and to live show tickets. Try for free: patreon.com/politicalcurrency or on Apple Podcasts: apple.co/politicalcurrencyRemember to send us your questions to questions@politicalcurrency.co.ukProducer: Rosie StopherTechnical Producer: Will Gibson Smith and Oliver Geraghty Executive Producers: Dino Sofos and 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.

Apr 15, 2024 • 38min
EMQs: The Brexit Plots special
Ed Balls and George Osborne were Inside the Room with Michael Gove last week to deep dive into the Brexit plots - and now they’re facing your questions on the moment that changed British politics forever. What happened to all the voters the EU referendum coaxed out of the woodwork? Are women ignored in the retelling of those tumultuous days of 2016? And what can historical parallels tell us about the inevitability of rejoining?Plus, GB News’ Chris Hope asks why George and David Cameron didn’t give themselves more time for their EU negotiations, Tim Shipman asks what would have happened if Boris Johnson became PM straight away and it’s time to ‘uncork the Gauke’ with a question on whether Michael Gove was right to advise future Prime Ministers to ‘never ever have a referendum on anything’?You could have listened to this episode early and ad-free! Become a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes, receive early access to EMQs and Inside The Room, and to live show tickets. Try for free: patreon.com/politicalcurrency or on Apple Podcasts: apple.co/politicalcurrencyProducer: Rosie StopherTechnical Producer: Oliver Geraghty Production Support: Miriam HallExecutive Producers: Dino Sofos and 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.

Apr 11, 2024 • 60min
Sexts, Tax and Mar-a-Lago
Another week, another scandal surrounding the Conservatives. But this time of the honey trapping variety. Ed and George discuss the dating app scam that has ensnared at least one MP. Meanwhile, Labour is having a difficult time stamping out persistent claims the party’s Deputy Leader Angela Rayner dodged tax on a house sale. George says if she stumbles, all the Conservatives want to see her fall. He predicts there will be more to come. And David Cameron is back on the world stage, meeting with US presidential candidate Donald Trump at Mar-a-Lago in Florida this week. George thinks it shows Cameron can secure the meetings no “normal” foreign secretary could land. Ed wonders, though, what Joe Biden would think of the former PM giving airtime and legitimacy to Trump … Become a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes, receive early access to EMQs and Inside The Room, and to live show tickets. Try for free: patreon.com/PoliticalCurrency or on Apple Podcasts: apple.co/politicalcurrencyProducer: Rosie StopherTechnical Producer: Will Gibson SmithProduction Support: Miriam HallExecutive Producers: Dino Sofos and 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.

Apr 10, 2024 • 48min
Inside The Room: The Brexit Plots (Part 3)
The result is in, and in the words of David Dimbleby, ‘we’re out’. But whilst the Brexit referendum draws a line under the campaign period, it sets the stage for chaos in the lives of our insiders. In this final episode of 'Inside the Room: The Brexit Plots', Ed Balls and George Osborne grill Michael Gove on the Conservative leadership contest that followed David Cameron’s resignation, and what (or who) persuaded him to commit one of the great political betrayals of recent years.Become a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes, receive early access to EMQs and Inside The Room, and to live show tickets. Try for free: patreon.com/PoliticalCurrency or on Apple Podcasts: apple.co/politicalcurrencyProducer: Rosie StopherTechnical Producer: Will Gibson SmithProduction Support: Miriam HallExecutive Producers: Dino Sofos and Ellie CliffordArchive: BBC News, EuroNews and Sky NewsPolitical Currency is a Persephonica Production and is part of the Acast Creator Network Hosted on Acast. See acast.com/privacy for more information.

Apr 8, 2024 • 42min
Inside The Room: The Brexit Plots (Part 2)
Michael Gove, Ed Balls, and George Osborne share insights into the chaotic Brexit campaign HQs. They discuss the escalating tension, emotional turmoil post Jo Cox's murder, strategic shifts, immigration concessions, referendum night emotions, and ongoing intrigues.