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Political Currency

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Political Currency
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  • Peter Mandelson OUT. George Osborne… IN?
    Peter Mandelson, the so-called “Prince of Darkness” got sacked this morning, thanks to fresh revelations of his lengthy friendship with sex offender Jeffrey Epstein. Now all eyes are turning to his replacement … Could George Osborne himself be getting the call up for US Ambassador?He and Ed Balls consider what this sudden, inglorious end for Mandelson’s diplomatic career means for the government. How could this affect the all-important upcoming state visit from US President Donald Trump, who himself is facing questions around his links to Epstein? It’s not the only tumult for Keir Starmer’s government, that was hoping to reset its way into a calmer period. The deputy leadership contest in the wake of Angela Rayner’s resignation is underway. Ed and George consider if this may be a bigger problem for Starmer than was bargained for? Could Bridget Phillipson vs. Lucy Powell in fact be a proxy for Keir Starmer vs. Andy Burnham?To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Producer: Miriam HallSenior Producer: Silvia MarescaVideo Editor: Oliver Geraghty Executive Producer: Ellie CliffordPolitical 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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  • EMQs: Car doors, pole dancers and Diary columns
    How should a politician respond when a voter blames all their problems on immigration? In this week's Ex-Ministers' Questions, Ed Balls and George Osborne offer competing strategies for handling difficult conversations on the doorstep. They also tackle a stark warning from a Gen Z listener: is the political establishment's failure to listen pushing an entire generation of young people towards Nigel Farage?Then, the pair turn to the insider's playbook of political survival. They debate the pros and cons of the 'chicken run' - is it cowardly for a senior MP to abandon a marginal seat for a safe one, or simply smart politics? Ed reflects on his own experience of staying to fight a losing battle, while George makes the case for jumping ship.Plus, a listener's confession about leaking a story to a newspaper diary column prompts a hilarious look at political gaffes. Ed is forced to relive the moment his ministerial car door hit a pedestrian, and shares a mortifying story involving a fellow minister and a pole dancing pole.To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Producer: Jarek Zaba Senior Producer: Silvia MarescaAssistant Producer: Miriam Hall Video Editor: Oliver Geraghty Executive Producer: Ellie CliffordPolitical 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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  • Could sacking Rayner make her a ‘backbench martyr’?
    Politics is back with a bang, and so are Ed Balls and George Osborne. As Keir Starmer declares "phase two" of his government, he's immediately engulfed by a scandal that threatens his Deputy Prime Minister, Angela Rayner. In this episode, Ed and George dissect her complicated tax affairs, the accusations of hypocrisy, and the difficult choice facing the Prime Minister: is she too powerful to sack?Next, they unpack how Nigel Farage and Reform UK managed to dominate the entire summer. While the government was on holiday, Farage set the agenda on immigration, crime, and free speech. Ed and George explore how he did it, why the government and opposition struggled to respond, and how it fuels the dangerous "drain the swamp" narrative that ‘they're all as bad as each other’.Plus, the pair turn to Starmer's attempt to reset with a major reshuffle of his Downing Street operation. With a new comms chief, top economic advisors, and the creation of a brand-new role - Chief Secretary to the Prime Minister - will this shake-up provide the grip and purpose the government desperately needs? Or are they just rearranging the deckchairs?To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Producer: Jarek Zaba Senior Producer: Silvia MarescaAssistant Producer: Miriam Hall Video Editor: Oliver Geraghty Executive Producer: Ellie CliffordPolitical 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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  • EMQs: Could David Miliband have defeated the Tories in 2015?
    What if the great 'what if' moments of recent British history had turned out differently? Ed Balls and George Osborne dive into the political sliding doors that could have rewritten the last three decades. They debate whether Margaret Thatcher would have won the 1992 election if she hadn't been ousted, and how her legacy would have been transformed.Ed gives a behind-the-scenes account of the Blair-Brown transition and the so-called 'Curry House Plot', considering how Labour would have handled the 2008 financial crisis with Tony Blair still in No. 10. Then, the pair explore the huge question of whether Britain joining the Euro would have prevented Brexit, or simply led to a catastrophic economic crash.Plus, George reveals why he jumped for joy when Ed Miliband beat his brother David for the Labour leadership, and they discuss whether the result of that contest sealed Labour's fate in 2015.To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Producer: Miriam HallSenior Producer: Silvia MarescaVideo Editor: Maha Albadrawi Executive Producer: Ellie CliffordPolitical 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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  • Emily Thornberry on the Corbyn era, being left out of government and Starmer’s first year
    Political Currency’s summer specials continue! This week, while Ed Balls is away, George Osborne is joined by one of Labour's longest-serving and most compelling figures, Dame Emily Thornberry.Thornberry takes George inside the Corbyn-era shadow cabinet and explores the tantalising 'what if' of 2017: what would a Prime Minister Corbyn really have been like, and how would the British state have coped?From her unique vantage point as a senior backbencher, Thornberry offers a frank assessment of the new government's first year. She argues for more confidence and a clearer plan to tackle the problems Starmer’s cabinet inherited, warning against being "buffeted about” by criticism. Throughout, she reflects on two decades in Parliament and why, despite rebellions and disappointments, she remains “Labour through and through”.Plus, Ed and George reunite to explain the brutal art of a government’s first reshuffle. As Westminster braces for Sir Keir Starmer's first major shake-up, they reveal what it's really like to be hired, fired, and moved sideways by a Prime Minister.To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Producer: Miriam HallSenior Producer: Silvia MarescaVideo Editor: Maha Albadrawi Executive Producer: Ellie CliffordPolitical 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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