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Political Currency

Persephonica
Political Currency
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291 episodes

  • Political Currency

    HOT TAKE: Starmer resigns, what comes next?

    22/06/2026 | 27 mins.
    After Keir Starmer delivered his resignation speech this morning, Ed Balls and George Osborne reflect on what comes next for the government, for the country, and for the outgoing Prime Minister. Was Starmer’s ‘clinical’ address a sign of a weak legacy and further inability to communicate his successes? The pair argue the performance was lacking in both emotion, and in recognition for the work of his cabinet colleagues.

    Plus, as Wes Streeting backs down and a coronation of Andy Burnham seems imminent, will any other Labour MPs dare to stand against the King of the North? Or will they now start trying to book a spot at the next Cabinet table instead? Ed suggests an outsider candidate could launch a pre-contest to have their moment in the limelight and give Burnham some scrutiny. Meanwhile, George speaks of the need for Andy Burnham to nail down a plan for the government and get ahead of the tide of public opinion.

    Lastly, they discuss where this leaves the Labour government two years on from its landslide majority. Has Starmer fallen into the same trap as previous governments of not sticking to a clear plan, as George says? And, as Ed theorises, is the Starmer legacy now tied to the performance of a future Burnham government?

    We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles:

    👉 X
    👉 Instagram
    👉 TikTok

    Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:

    👉 patreon.com/politicalcurrency
    👉 Apple Podcasts

    Please note: Kitchen Cabinet is only available via Patreon.

    Credits:

    Research: Sam Burton
    Production: Caillin McDaid
    Video Editor: Oliver Geraghty
    Executive Producer: Ellie Clifford & Henrietta Harrison

    Political Currency is a Persephonica Production and is part of the Acast Creator Network.
    Hosted on Acast. See acast.com/privacy for more information.
  • Political Currency

    EMQs: Keir Starmer’s problem with ministers

    22/06/2026 | 46 mins.
    Al Carns revealed in the wake of his resignation he only met Keir Starmer in an official capacity once. On this week’s EMQs, Ed Balls and George Osborne break down how unusual this is for a PM and why it may explain the problem at the heart of the Starmer operation.

    Baroness Jan Royall, Chair of the Jo Cox Foundation asks what lessons have been learned in the decade since her tragic murder and what more needs to be done to protect MPs.

    The pair then tackle the big political debate: is ‘white van man’ always right? Ed recalls a near disaster for the treasury with ‘white man van’, while George offers politicians advice on how to balance their personal views with meeting the public where they are.

    Ed and George also answer ‘Emily’s’ question on free childcare benefits and whether it should be stopped completely when you earn over £100,000. Ed and George bring their experience to the question and discuss the pros and cons of benefits tapering rather than ending on a salary cliff edge.

    Plus a Canadian listener hits back at George’s recent derogatory comments on Ottawa and asks George and Ed for their predictions if significant election results had gone another way.

    Don’t forget if you’re a Kitchen Cabinet member and want to win a chance to see Centrist Dad live at the Water Rats on the 2nd July make sure to send in an EMQ to questions@politicalcurrency.co.uk with the subject ‘CENTRIST DAD’.

    If you have any other burning questions send them to questions@politicalcurrency.co.uk and make sure to include a voice note of your question or send a question to our social media handles:

    👉 X
    👉 Instagram
    👉 TikTok

    Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:

    👉 patreon.com/politicalcurrency
    👉 Apple Podcasts

    Please note: Kitchen Cabinet is only available via Patreon.

    Credits:

    Research: Sam Burton
    Production: Caillin McDaid & Nasreen Arain
    Video Editor: Sam Gruet
    Executive Producer: Ellie Clifford & Henrietta Harrison

    Political Currency is a Persephonica Production and is part of the Acast Creator Network.
    Hosted on Acast. See acast.com/privacy for more information.
  • Political Currency

    How’s Britain and George Osborne, 10 years on from Brexit?

    18/06/2026 | 1h 11 mins.
    Keir Starmer’s legacy is on the line, no matter who wins in Makerfield. A flurry of announcements from social media bans to the defence strategy have seen the PM attempt to recentre himself in the narrative as his greatest rival comes closer and closer to re-entering Westminster. This week, Ed Balls and George Osborne delve into what it means for Labour, whether Wes Streeting is still a contender, and if ‘last chance saloon’ legacy building ever works.

    No matter who the PM is later this year one thing is certain: the fallout of Iran. Positive or negative the worldwide economy has been affected by the war, and with Trump signing a peace deal we may start to see what the true impact will be long term.

    Finally, the 10th anniversary of the Brexit vote is on Tuesday and after turning down the Today Programme, Newsnight, and Channel 4, George gives us his verdict on the Brexit legacy. Is Britain poorer, weaker and less influential outside the EU, as George argues, or was Brexit ultimately inevitable, as Ed suggests? And have George’s personal relationships recovered?

    We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles:

    👉 X
    👉 Instagram
    👉 TikTok

    Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:

    👉 patreon.com/politicalcurrency
    👉 Apple Podcasts

    Please note: Kitchen Cabinet is only available via Patreon.

    Credits:

    Research: Sam Burton
    Production: Caillin McDaid & Nasreen Arain
    Video Editor: Sam Gruet
    Executive Producer: Ellie Clifford & Henrietta Harrison

    Political Currency is a Persephonica Production and is part of the Acast Creator Network.
    Hosted on Acast. See acast.com/privacy for more information.
  • Political Currency

    EMQs: Will new laws protect children online?

    15/06/2026 | 39 mins.
    How effective will new UK laws be at protecting children online? Ed Balls and George Osborne hear a question from Natalie Fleet, the Minister for Safeguarding and Violence Against Women and Girls. They discuss the technology that can help, the importance of legislation keeping pace with risks, and the legal decision that made social media platforms more likely to host misleading content.

    Plus, why is the government now prioritising inflation over low unemployment? Is it possible to tackle them both at the same time? And what could a future Prime Minister do towards this? Ed and George assess the history and economics behind it.

    They also discuss the importance of historical education as a politician and an economist. Ed talks about the importance of learning from mistakes of the past, and George recalls how two paintings in No 11 Downing Street paid tribute to an influential 1925 dinner between then-Chancellor Winston Churchill and economist John Maynard Keynes.

    And finally, how do Ed and George feel about comedians rarely impersonating them? The pair show off their own impressions of William Hague, Gordon Brown, and Peter Mandelson.

    We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles:

    👉 X
    👉 Instagram
    👉 TikTok

    Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:

    👉 patreon.com/politicalcurrency
    👉 Apple Podcasts

    Please note: Kitchen Cabinet is only available via Patreon.

    Credits:

    Research: Sam Burton
    Production: Caillin McDaid & Nasreen Arain
    Video Editor: Oliver Geraghty
    Executive Producer: Ellie Clifford & Henrietta Harrison

    Political Currency is a Persephonica Production and is part of the Acast Creator Network.
    Hosted on Acast. See acast.com/privacy for more information.
  • Political Currency

    Is it the final blow for Starmer as Healey resigns?

    11/06/2026 | 1h 15 mins.
    The shock resignation of defence secretary John Healey has prompted an emergency input from Ed Balls and George Osborne for this week’s episode. They react to why he went, what it means for the government and how defence spending will become a bigger crunch point than it was already.

    In one week’s time voting will open for the by-election of the century. Will Andy Burnham return to Parliament and enter Downing Street? If he does, how can he learn from not just the mistakes of Keir Starmer but previous PMs who entered mid-government. The pair examine the challenges facing the King of the North, and lay out what he must do immediately to right the ship.

    They then turn their focus to Burnham’s biggest challenge: the economy. He says Manchesterism is the answer, but what is it? Does it work? And if it does, can it be effectively applied to the whole country?

    Finally, with the World Cup kicking off tonight the pair take some time to look at the interplay of politics and football. Is this the most politically charged World Cup ever? What can be expected from Donald Trump, who has a testy relationship with co-hosts Canada and Mexico? What will be the impact of Iran’s participation?

    We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles:

    👉 X
    👉 Instagram
    👉 TikTok

    Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:

    👉 patreon.com/politicalcurrency
    👉 Apple Podcasts

    Please note: Kitchen Cabinet is only available via Patreon.

    Credits:

    Research: Sam Burton
    Production: Caillin McDaid & Nasreen Arain
    Video Editor: Oliver Geraghty
    Executive Producer: Ellie Clifford & Henrietta Harrison

    Political Currency is a Persephonica Production and is part of the Acast Creator Network.
    Hosted on Acast. See acast.com/privacy for more information.
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About 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.
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