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Political Currency

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Political Currency
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  • Has Chancellor Rachel Reeves abandoned growth?
    Does Rachel Reeves have a credible plan for growth? One day on from her Budget Statement, George Osborne and Ed Balls debate her headline measures and ask if she’s built enough of a narrative to save her job. Health Secretary Wes Streeting asks about two Osbornian policies: the sugar tax and two-child limit. How can Labour win the argument?They also talk about the disastrous OBR leak, whether anyone will be sacked, and ask how it stacks up to some of the biggest leaks in budget history… Is it worse than Ken Clarke in 1996? Or the Evening Standard beating George to the punch in 2013?Finally, they briefly turn to the war in Ukraine and debate the peace negotiations. The big question now is whether Putin has been strong-armed into signing a peace treaty, and if that means a lasting cease-fire is in sight.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 PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Research: Sam BurtonProduction: Caillin McDaid and Paige ReynoldsVideo Editor: Maha Al-BadrawiExecutive 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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  • Budget Hot Take: Has Chancellor Rachel Reeves saved herself? | LIVE reaction
    After months of speculation, briefings and leaks, Rachel Reeves has finally delivered her fated second budget. Has she done enough to save herself, Keir Starmer, and the Labour government?In a special YouTube LIVE episode, Ed Balls and George Osborne give their immediate reaction to the Chancellor's budget. They dive into who the budget was for, the overtly political tone, and whether Reeves stood by her manifesto pledges.Thanks for listening. To get episodes early and ad-free join Political Currency Gold. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon!Credits:Researcher: Sam BurtonAssistant Producer: Caillin McDaidVideo 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: Is it time for a Tory/Labour truce?
    With politics fraying and radical parties growing in strength, could the Tories and Labour come together and merge into a grand coalition of the centre? Surely George Osborne and Ed Balls have proven on this podcast that great things can happen when the two parties come together… And, as budget week looms, former Treasury civil servant Jill Rutter asks how Ed and George would get themselves out of the hole Rachel Reeves is in IF there were no political repercussions? And they wonder whether we are still feeling the effects of the mini-budget or if it’s unfair for Rachel Reeves to continue blaming Liz Truss for the economic woes? Plus, they explain why too much preparation ahead of a great speech can actually be a bad thing. ~Do you want the opportunity to own a piece of British political history? In memory of the brilliant civil servant Chris Martin, a magnificent Jeroboam of Pol Roger, Winston Churchill's favourite champagne bearing the signatures of all nine living British Prime Ministers is being auctioned to raise money for Sarcoma UK. Place your bid here: https://astarauction.com/Chrismartinquiz The link will remain open until 10:30pm on the 27th November.~Thanks for listening. To get episodes early and ad-free join Political Currency Gold. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsCredits:Assistant Producer: Caillin McDaidSenior Producer: Silvia MarescaVideo Editor: Maha Al-BadrawiExecutive 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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  • Is Shabana Mahmood the heir to Blair?
    A dramatic U-turn from Labour has stopped them from breaking their manifesto, but it has also left the Budget looking messy and wide open to risk. The expected income tax rise has been shelved in favour of what some insiders call a “smorgasbord” of smaller taxes. In this episode of Political Currency, Ed Balls and George Osborne dig into whether this was a rushed scramble or a smart political play. - and the extent to which it has knocked Rachel Reeves off the story she had been shaping in the run up to Budget week.Away from the Budget noise, all eyes turned to Shabana Mahmood and her sweeping overhaul of the asylum and refugee system. The announcement has split Labour supporters. Is this the arrival of what some are already calling "Mahmoodism"? And will these measures work in practice, or just push parts of the left toward the Greens or the Lib Dems?Finally, George and Ed look from Tehran to California, where George’s former colleague Steve Hilton is suddenly leading the race for governor. Can his Trump style rhetoric, polished social media - and even the promise to control the weather - deliver an upset in a solidly Democrat state?You can access the link to the Chris Martin auction here: https://astarauction.com/Chrismartinquiz The link will remain open until 10:30pm on the 27th November.Thanks for listening. To get episodes early and ad-free join Political Currency Gold. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Assistant Producer: Caillin McDaidSenior Producer: Silvia MarescaVideo Editor: Maha Al-BadrawiExecutive 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: Is PMQs just 'political theatre'?
    What is the real purpose of Prime Minister's Questions? As an ‘infuriated’ listener asks why the Speaker can't force politicians to answer, George Osborne breaks down why PMQs is ‘political theatre’ and what most people misunderstand about it, while Ed Balls explains why David Lammy’s recent performance revealed the real procedural power the Speaker holds.Then, prompted by a question from Shadow Cabinet minister Victoria Atkins, the pair break down when cross-party support actually works, and when it’s just a ‘bear trap’ for the opposition.And, reporting from the COP summit in Brazil, the hosts of the Outrage & Optimism podcast ask why the UK failed to put money into the 'Tropical Forests Forever' facility, leading Ed and George to discuss the 'crumbled' political consensus on foreign aid.Finally, the pair delve into the reality of rejoining the EU. Could the UK get the same deal as before? And what's the real obstacle to rejoining - could it be the Euro, the non-negotiable issue of free movement, or something else altogether?Thanks for listening. To get episodes early and ad-free join Political Currency Gold. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Assistant Producer: Caillin McDaidSenior Producer: Silvia MarescaVideo Editor: Maha Al-BadrawiExecutive 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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