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
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.
9 snips
Jul 24, 2025 • 1h 6min
Is Labour reaching a breaking point on Palestine?
As summer recess approaches, tensions are rising within Labour over Gaza, putting Starmer under intense pressure. Ed and George unpack the shifting political dynamics in the UK, discussing the implications of recent party reshuffles and the influence of protests. They also delve into the complexities of Trump's upcoming UK visit, contemplating the potential fallout for trade and Middle Eastern diplomacy. With increasing polarization on the left, the deepening crisis in Gaza becomes a defining issue, forcing political leaders to navigate a volatile landscape.
9 snips
Jul 21, 2025 • 48min
EMQs: Can we really fund everything in the NHS?
The hosts dive into the tough debate on NHS funding amidst rising public expectations and medical innovations. They reflect on how life after politics shapes their views, questioning if they’d govern differently. A humorous tale involving political leaders in a lift adds levity as they discuss accountability during crises, especially when politicians are on holiday. Additionally, they explore the role of literature in politics, pondering the value of self-help books and classic political texts in understanding leadership.
