
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

Jan 25, 2024 • 50min
How (not) to take down a prime minister
Has Rishi Sunak survived his first attempted coup? It might look like Simon Clarke’s amounted to nothing but Ed and George think it might be too soon to tell whether he’s failed yet. They have plenty of insights into plots past, and the many ways they can fizzle, burn, or downright engulf a prime minister.Elsewhere in politics, the UK tax burden has been drifting up to a rate not seen since the 1960s. Can any chancellor - current or future - do anything about it?And in Europe, a beleaguered German coalition faces economic problems of their own, plus the looming rise of the far-right. Is the most stable country in Europe headed towards ‘Dexit’?Follow us on social media: @polcurrencyProducers: Rachel Balmer and Rosie StopherProduction Manager: Flick HeathExecutive 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.

5 snips
Jan 22, 2024 • 31min
EMQs: Preparing for PMQs, crisis management & setting the royal budget
George, leader of the Labour party, joins Ed to discuss crisis management, preparing for PMQs, and changing the monarchy's financing. They also address the accidental kick on live TV and reflect on impactful political ideas that weren't implemented.

Jan 18, 2024 • 50min
Rishi Sunak's next nightmare
Rishi Sunak survived Tory mutiny over the Rwanda policy, but he’s not out of the woods just yet. Ed and George explain why his road to election 2024 still faces huge problems.Meanwhile, George has been in Davos this week. He reveals his celebrity spots - including Sting - as well as the global mood on the economy. But is this more than just a glitzy who’s who? Ed thinks it's a prime opportunity for opposition parties to show they mean business. And, in America, Donald Trump has claimed victory in the Iowa caucus. It could mean a return to the White House in 2025. Can foreign leaders come back from their scathing attacks and form a new relationship, and should they?Follow us on social media: @polcurrencyProducers: Rachel Balmer and Rosie StopherProduction Manager: Flick HeathExecutive 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.

Jan 15, 2024 • 31min
EMQs: Special Advisers, tuition fees and is the Barnett formula fair?
Welcome to our first edition of EMQs - Ex-Ministers' Questions... see what we did there?. Every Monday, our ex-ministers will take your questions. Ed Balls and George Osborne will also hear from some influential and famous voices.In our first episode: did the Lib Dems agree to ditch their pledge on tuition fees during the coalition talks? What is the Barnett formula and is it fair? And why are Special Advisers such as Dominic Cummings so influential?To send in your questions for next week's episode, email questions@politicalcurrency.co.uk - we love to get your voice notes!Follow us on social media: @polcurrencyProducers: Rachel Balmer and Rosie StopherProduction Manager: Flick HeathExecutive Producers: Dino Sofos and Ellie CliffordPolitical Currency is a Persephonica Production and part of the Acast Creator Network Hosted on Acast. See acast.com/privacy for more information.

Jan 11, 2024 • 52min
George reveals the election date!
General election fever begins as George reveals the election date. The post office scandal and geopolitical instability are discussed. The role of local MPs in bringing attention to scandals is examined. Speculation and confusion surrounding the election date are explored. The Conservative Party's election strategy and challenges are discussed. Additionally, the upcoming Taiwanese election and its implications are examined.

8 snips
Jan 4, 2024 • 56min
Inside The Room: The Coalition Talks (Part 2)
This podcast delves into the tense negotiations that led to the formation of a coalition government between the Tories and the Lib Dems in the UK. Topics discussed include the moment Gordon Brown was told he had to go, why the Lib Dems decided to join forces with the Tories, and what current political leaders can learn from these negotiations.

Dec 30, 2023 • 33min
Inside The Room: The Coalition Talks (Part 1)
Danny Alexander, Chief of Staff for Nick Clegg and Lib Dem lead negotiator during the coalition talks, joins Ed Balls and George Osborne to give first-hand accounts of the high-stakes negotiations. They discuss the formation of a new government, the mood within the Gordon Brown administration, the start of the coalition talks, and the key players and challenges involved. Stay tuned for Part 2 on January 4th.

Dec 28, 2023 • 41min
Christmas Questions Special: Jeremy Hunt, Rachel Reeves & Stephen Fry
Ed and George answer questions from some very special guests...Jeremy Hunt asks about the power budgets can have on elections, Stephen Fry grills George on the Elgin Marbles, and Susannah Reid wants to know what Ed and George think is the most significant TV interview they’ve seen. As we head into an election year, they reminisce on their first time as candidates, how they met their big political partners, and Rachel Reeves asks them about their best Christmases in the Treasury.Producer: Rachel BalmerProduction Manager: Flick HeathExecutive 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.

Dec 21, 2023 • 57min
Do They Know It's Election Time?
Winter election announced. Conflict in Gaza. Junior doctors' strike. Economy and inflation. Politicians' funding claims. Tory party challenges. Christmas films and gift ideas.

Dec 14, 2023 • 1h 1min
Keir Starmer’s popularity problem
It’s not just Rishi Sunak’s approval rating which has taken a battering. Keir Starmer has his own popularity problem. Why?The so-called ‘five families’ of the Tory party threaten to “go to the mattresses” over the Rwanda bill, but end up bottling it. Is Mark Francois really the next Don Corleone? Ukraine’s President Zelensky has embarked on a world tour, pleading for more money for the Ukraine war. Is it time to rethink their strategy? And why London’s time as the great financial centre of the world might be over.Email: questions@politicalcurrency.co.ukFollow us on social media: @polcurrencyProducers: Rachel Balmer and Rosie StopherProduction Manager: Flick HeathExecutive 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.