Political Currency

Week two of the Andy Burnham premiership has come with a honeymoon and polling bounce. Ed Balls and George Osborne look at how he’s returned to a more collaborative approach with his cabinet, and the comms strategy which has seen pork scratchings become an international talking point. But what bigger political strategy is Burnham building? Despite protestations, is he still weighing up a General Election while his opponents are down?

George felt many of Burnham’s initial policies were ‘small beer’ and lacked a big feeling. That wasn't the case this week with massive reforms to education and social care brought forward by the PM. But can they succeed? Both have been issues for successive governments, yet never solved. They caution that social care will be difficult to build without a strong narrative, and true cross-party consensus.

Finally, as always, the buck still stops with the US. With new Fed Chair Kevin Warsh announcing no change to interest rates yesterday, it raises the question on how much the cost of living can improve in the US or UK. It also calls into question just what kind of Fed chair Warsh will be. Is he going to be too dovish? Or will he live up to his previous rhetoric?

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Credits:

Production: Sam Burton & Nasreen Arain
Producer: Caillin McDaid
Video Editor: Sam Gruet
Executive Producer: 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.

South Yorkshire Mayor Oliver Coppard is our first questioner on this week’s EMQs, asking whether other MPs will follow in Andy Burnham’s footsteps and leave Westminster to become mayors. Ed Balls and George Osborne speak about the career opportunities that could come with these positions and how they can uniquely prepare you for No. 10 more than any cabinet role can.

A civil servant then enquires why Burnham’s reshuffle took so long, and what MPs are thinking during the tense hours that follow one. Ed recounts his own anxiety when first entering government, while George explains the complications in moving ministers who are not keen for new jobs and how governments stop the house of cards from toppling.

They also give advice on how to pick the right college at Oxford, recalling their own time at school. The pair then reflect on the behind the scenes debates that led to the vote for equal marriage in 2013, with George venting long held frustrations at some MPs for their opposition...

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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:

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Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Research: Sam Burton
Producer: Caillin McDaid
Video Editor: Sam Gruet
Executive Producer: 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.

A new dawn has broken, with the Andy Burnham premiership finally beginning. Ed Balls and George Osborne dive deep into the packed first week of PM Burnham, from his first words at Downing Street, to his massive reshuffle, and initial policy announcements. Is he being too ambitious out of the gate? Can he do politics differently? Will this really be a circuit breaker for Britain?

The big surprise of Burnham’s cabinet is also the biggest role: Chancellor John Healey. Why did he go for the ex-defence secretary rather than presumed frontrunners Ed Miliband or Shabana Mahmood? Ed and George recall their own memories of Healey to assess whether he will be a creature of the Treasury or make the Treasury his creature. They also speculate whether these initial announcements could lay the groundwork for an Autumn election…

Finally, despite the best efforts of the new PM and chancellor, global conflicts will determine what they can do. With the situation in Iran heating up once more, how will Burnham respond to foreign dilemmas? Is appointing Ed Miliband a canny move or will it spark new conflict with the Trump White House?

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:

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Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Research: Sam Burton
Producer: Caillin McDaid
Video Editor: Sam Gruet
Executive Producer: 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.

This week, Ed Balls and George Osborne hear from a current and former Member of Parliament. Former Tory minister Greg Clark asks if Andy Burnham’s pledge for ‘devolution in every postcode’ is attainable, while Starmer loyalist John Slinger puts forward his proposals for a ‘youth triple lock’ to improve prospects for young people in the UK. Should there be guarantees on above-inflation maintenance loans and free bus travel? And should there be youth advisors in all government departments? Ed and George praise the initiative behind the idea.

The pair also hear from a London cyclist frustrated by a council's ban on Lime bikes, the question is: has some devolution given away too much control? George recalls his approaches to devolution during the coalition government, while Ed evaluates the regulation of e-bike rentals.

And lastly, Ed and George explain why politicians resist apologising - citing Nick Clegg’s now infamous apology on student loans as an example. Can senior politicians ever recover from apologising about a decision they have made?

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:

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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:

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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.

The shocking killing of Ann Widdecombe has set a sombre tone in British politics in the last week. Ed Balls and George Osborne delve into the political implications of this tragedy, examining the changing police messaging and debating what the solution for protecting politicians should be. They also share memories of Widdecombe, who they both worked with throughout the years.

‘The King of North’ (Andy Burnham) is set to enter Downing Street on Monday, after receiving the backing of over 90% of Labour MPs. But what is he going to do? The unknowns of the incoming Burnham premiership has resulted in breathless speculation hitting a fever pitch. George argues Burnham is focusing too much on the past in his messaging and must look to the future, while Ed cautions that Burnham should not assume he will be popular in the country off the bat.

As Keir Starmer’s time in No. 10 comes to an end, and Rachel Reeves time in No. 11 is likely to follow suit, the pair reflect on their political legacies and obituaries. They deliver a harsh sentence on their reigns, explaining why they were stuck in a doom loop the last two years, and how it speaks to wider problems in Britain in the last 10 years.

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:

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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:

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Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Research: Sam Burton
Production: Caillin McDaid & Nasreen Arain
Video Editor: Sam Gruet
Executive Producer: 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.