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Political Currency

Persephonica
Political Currency
Latest episode

257 episodes

  • Political Currency

    EMQs: Will the AI bubble burst?

    02/03/2026 | 33 mins.
    On the heels of the AI Impact Summit, former advisor to Nick Clegg and author Verity Harding asks how Ed Balls and George Osborne’s experiences of the dot com bubble and rise of social media can inform the current government’s approach to AI. They also discuss whether AI is heading for its own Dot Com crash.

    And, what’s in a Department Name? More than you’d think apparently. The pair get surprisingly passionate about the joys of a government department rebrand - reminiscing on the coalitions unpicking of the Whitehall reorganisation done by New Labour. Ed is still bitterly disappointed at the abandonment of the DCSF.

    And, turning to the appointment of Antonia Romeo as Cabinet Secretary - and the wave of misogynistic commentary that followed - Ed and George ask, given her obvious qualifications, why didn’t Keir Starmer appoint her sooner?

    Finally, former civil servant Tamara Finkelstein asks why investment into UK deep tech startups is so lacking, and what can be done to close the gap with the US? Ed and George pose a challenge to the government to address this issue sooner rather than later.

    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.

    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, Caitlin Hanrahan & Eve Jones
    Video Editor: Avi Asher
    Executive Producer: Ellie Clifford

    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

    The existential threats facing Keir Starmer

    26/02/2026 | 59 mins.
    Hosted on Acast. See acast.com/privacy for more information.
  • Political Currency

    EMQs: Is it time for another referendum?

    23/02/2026 | 33 mins.
    Should a government hold a referendum on tax? A civil servant messages in to pose this idea to Ed Balls and George Osborne on this week’s EMQs. The two debate the merits of holding any referendum, reminisce on how easily they become about more than their central question, and ponder whether tax policy is suited to the form of a referendum.

    Former MP Luke Hall asks the pair about charities funding and tax changes, and George relays the surprising difficulty he found in crafting the appropriate policy for this sector whilst Chancellor.

    And, is Peter Mandelson leaking information to Jeffrey Epstein a betrayal to the Labour party on the scale of the SDP forming in ‘81 or Ramsay MacDonald’s National government? Or, is it something even greater? Ed explains the ways that the Mandelson scandal is uniquely perfidious.

    Finally, is the shelf life for a British politician shorter than the rest of the world? Why is it so rare to see someone re-enter the Commons after leaving? Ed and George weigh up the reasons for greater churn in British political life than in other democracies.

    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.

    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, Caitlin Hanrahan & Eve Jones
    Video Editor: Avi Asher
    Executive Producer: Ellie Clifford

    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 bad could the by-election be for Labour?

    19/02/2026 | 1h 2 mins.
    We’re one week from the Gorton and Denton by-election, which could prove another brutal blow to Keir Starmer’s already unstable premiership. Could Reform gain another MP or will this be the Green Party’s first by-election victory? And is a Labour hold out of the question?

    Ed Balls and George Osborne explore the state of play for the parties, including the U-turn on postponing 30 local elections, the Labour Together scandal, and Reform unveiling their ‘shadow cabinet’.

    Then, following last weekend’s Munich Security Conference, the pair turn their attention to further calls for Europe to increase defence spending. The question for the UK is: can the Treasury afford the proposed 3% defence spending by the end of the parliament? And would the British public accept spending cuts needed to hit that target?

    Finally, George gives the inside scoop on the AI Impact Summit in India. He explains what opportunities and concerns are being addressed by world leaders, as well as why it represents an achievement for Britain.

    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.

    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 & Caitlin Caitlin Hanrahan
    Video Editor: Avi Asher
    Executive Producer: Ellie Clifford

    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: Are we influencers now?

    16/02/2026 | 38 mins.
    Is it in the best interest of opposition leaders to see weak Prime Ministers resign? In this week’s EMQs Ed and George debate whether it benefits the opposition to depose a vulnerable Prime Minister. What are the consequences if their successor is a better leader? What comes first for the Leader of the Opposition - the country, or the party?

    And - can just anyone become Prime Minister? Do party leaders need to be MPs or might Britain see its own Mark Carney emerge? The pair discuss historical examples in favour of and against this notion and how it could happen again. They then weigh up an even bigger question: has the podcast turned them into influencers? With so many high profile people in the political world tuning in, are they taking notes on what Ed and George say?

    Finally, Sky News political reporter Ben Bloch chimes in with a response to our question last week about what would happen in the event a PM was incapacitated. He consulted the Labour Party rule book, and it got him wondering if Britain should adopt a US style line of succession for government. Is it time to codify the unwritten rules?

    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.

    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, Caitlin Hanrahan & Eve Jones
    Video Editor: Avi Asher
    Executive Producer: Ellie Clifford

    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 [email protected] us on social media @polcurrencyPolitical Currency is a Persephonica production. Hosted on Acast. See acast.com/privacy for more information.
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