
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. Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.
Latest episodes

Oct 3, 2024 • 55min
How Labour made a political scandal worse
Ed Balls, a former Labour politician and economist, joins George Osborne, the ex-Chancellor of the Exchequer, to dissect Labour's recent PR blunder involving Keir Starmer and donor freebies. They analyze the missteps that turned a minor scandal into a major headache. The discussion broadens to examine escalating tensions in the Middle East and its implications for Western politics. Finally, they forecast potential challenges and strategies for Rachel Reeves as Labour prepares for a crucial budget that could redefine its future.

Oct 2, 2024 • 40min
HOT TAKE: James Cleverly: Next Tory leader?
James Cleverly, a rising star in Tory politics, shares his vision for leadership, impressing with a compelling speech that captivates audience attention. Former Chancellor George Osborne offers keen insights from the Conservative Party Conference, while seasoned politicians Michael Gove and Danny Finkelstein provide sharp analysis of candidates' performances. They discuss the art of political oratory, the importance of emotional connections in speeches, and the optimistic strategies needed for successful governance. It's a lively debate on what it takes to lead the party.

Sep 30, 2024 • 34min
EMQs: What’s your unpopular opinion?
In this engaging discussion, Ed Balls, a former UK politician, and George Osborne, the ex-Chancellor of the Exchequer, reveal their contrarian views. They dive into the controversial topic of cannabis legalization, expressing sharply contrasting opinions. The duo also tackles questions from the Labour Party conference, offering insights on the role of the new Chief Secretary to the Treasury. Additionally, they discuss food security challenges amidst potential agricultural budget cuts, blending serious issues with their signature humor.

Sep 26, 2024 • 1h 3min
Which Tory will get the Boris blessing?
The race for the Conservative leadership is heating up, with whispers about who Boris Johnson might back. Labour's recent conference left much to be desired, sparking questions about leadership authenticity. Across the pond, Trump’s economic policies and Kamala Harris's approach make for an intense U.S. election landscape. The fun doesn't stop there, as karaoke sessions poke fun at political speeches, blending humor with serious discussions about party dynamics and the future of key campaigns.

Sep 23, 2024 • 35min
CONFERENCE HOT TAKE: Protestors disrupt Rachel Reeves’ speech
Rachel Reeves, a prominent Labour politician, aims to revitalize her party amidst a challenging political landscape. She faces protests during her speech, highlighting tensions around her party's direction. The discussion critiques her rhetoric as being heavy on promises yet light on concrete policies. Analysts Ed Balls and George Osborne debate her ability to avoid the ‘austerity chancellor’ label while addressing fiscal decisions that resonate with public concerns over spending and essential services.

Sep 22, 2024 • 38min
EMQs: How to give a GREAT conference speech
Rachel Reeves, a key figure in the Labour party, joins Ed Balls and George Osborne, seasoned political figures, to discuss the art of delivering powerful conference speeches. They share memorable moments from British political history, offering insight into the preparation and camaraderie involved. The trio humorously debates which MPs might sport tattoos and whether Treasury budget representations are even read. Their lively conversation reveals the intersection of politics and personal expression, making for an engaging listen!

Sep 19, 2024 • 54min
Starmer’s big Sue Gray problem
Ed Balls, a former politician and commentator, joins George Osborne, former Chancellor and media executive, to dissect the chaos surrounding Keir Starmer’s freebies scandal. They analyze the Tory party's delight in Labour's turmoil and discuss the challenges facing Energy Secretary Ed Miliband with the Grangemouth oil refinery closure. The duo also reflects on the Liberal Democrats' recent conference and their evolving role in British politics, pondering if they could disrupt Labour and Conservative plans.

Sep 16, 2024 • 29min
EMQs: Media spin, middle classes and memories of conferences past
In a lively discussion, Ed Balls, a seasoned politician and former government minister, teams up with George Osborne, a prominent former Chancellor of the Exchequer. They tackle whether eloquent middle-class voices dominate public resources and the validity of co-payments in the NHS. The duo debates their differing perspectives on the 2010 financial crisis. They also share light-hearted tales from political conferences, and dissect how politicians often sidestep tough questions with media spin. A blend of nostalgia and sharp political insight!

Sep 12, 2024 • 52min
Can Starmer really fix the NHS?
Prime Minister Keir Starmer talks boldly about NHS reform, suggesting it must ‘reform or die.’ He draws comparisons to past policies and discusses the tough choices ahead. Kamala Harris reflects on her pivotal debate with Trump, while Taylor Swift’s endorsement raises questions about celebrity impact in politics. The conversation also pivots to the evolving role of social media in campaigns and the dynamics of post-Brexit UK-France relations, highlighted by Michel Barnier's new role in French governance.

Sep 9, 2024 • 36min
EMQs: Should you pay if you miss an NHS appointment?
Should you face fees for missing NHS appointments? The hosts debate this provocative idea, weighing accessibility concerns against possible improvements in wait times. They also venture into the world of MPs, discussing the challenges of vacationing in the public eye. Exploring historical shifts in parliamentary questioning, they reflect on the UK versus Australian systems. Plus, the importance of diverse international political literature is emphasized, ensuring global voices aren't overlooked in political discourse.
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