Persephonica

Political Currency

News EN ↓ Epizody: 334

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.uk Find us on socia...

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Persephonica

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Nejnovější epizoda

12. lis 2026

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Epizody

EMQs What If: Ed and George had never entered politics? 24.08.2026

For our third summer EMQs we’re returning to our What Ifs. Ed Balls and George Osborne first consider how Britain would change had they never entered politics? Would the Bank of England become independent? Would there be a Manchester mayoralty? Or, would it have had no impact? What if George got the US Ambassador gig over Peter Mandelson? The pair consider how George would approach the job differe...

Sue Gray: Why working under Keir Starmer became ‘unbearable’ 20.08.2026

The third of our exclusive summer interviews sees Ed Balls sit down with the former Chief of Staff for No. 10 Sue Gray. In her first major interview since her dramatic split from Keir Starmer’s team, she details the lead up to entering Downing Street and just where things went wrong.  Gray explains how she tried to prepare Starmer’s team for government in 2023, where things went wrong at the...

EMQs America special: Best President there never was 17.08.2026

This week’s themed EMQs is all about America. Ed Balls and George Osborne reflect on their memories of the US from the Founding Fathers right through to Trump. They first consider whether the MAGA worldview is baked into American politics, particularly on an international level, and will affect things like NATO for decades to come. Amol Rajan, from the Today Programme, then poses an idea for Andy...

Yvette Cooper: What Starmer got wrong 13.08.2026

Our second summer interview sees George Osborne sit down with the new Health Secretary and one of Labour’s most experienced ministers, Yvette Cooper. She was the first minister to take maternity leave and is of course George’s podcasting partner’s other half. They talk about her nearly 30 years as an MP, how politics has changed and what it was like being in cabinet with her husband Ed Balls.&nbsp...

EMQs Media special: Did podcasts ruin Keir Starmer? 10.08.2026

In this media themed episode of EMQs, Ed Balls and George Osborne dip into the archive of questions from the past year to put all things media and politics into the spotlight. Fellow podcasters Jane Garvey and Fi Glover send in a question to find out why there are no interviewers quite like Brian Walden anymore, and whether biographies assisted by AI should be labelled as such in future. Ed and Ge...

Kemi Badenoch: Why she won’t make a deal with 'woke' Reform 06.08.2026

In the first of our summer interviews, Ed Balls sits down with Kemi Badenoch, leader of Conservative Party and Leader of the Opposition. The wide ranging interview begins with her Nigerian upbringing, coming to the UK at 16, and how that informs her immigration policy. Badenoch also details just how different her Conservative party is from not only Labour and Reform, but also the party that lost t...

EMQs: Is Britain lazier than America? 03.08.2026

Grimsby MP Melanie Onn sends in a question for this week's EMQs, querying why George went straight to Grimsby as a challenge for devolution in a recent episode. The pair delve into challenges facing Andy Burnham’s devolution agenda, and how past governments have failed and succeeded in addressing these disparities. A listener then poses a question: is Britain lazier than other countries? And, is t...

Can Burnham end Britain’s social care crisis? 30.07.2026

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 E...

EMQs: The reality of reshuffles 27.07.2026

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...

Will Burnham’s radical reshuffle work? 23.07.2026

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 o...

EMQs: Why don’t politicians apologise? 20.07.2026

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...

How Ann Widdecombe’s killing has reshaped British politics 16.07.2026

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 No...

EMQs: Why no one will end the triple lock 13.07.2026

Hot off Centrist Dad’s sellout show last week, two listeners at the gig have sent in questions.  Our Kitchen Cabinet winner, Douglas Law, asks a question on the mind of every junior Labour MP right now: will Burnham promote them? Ed Balls and George Osborne explain what ministers must do to secure a promotion in government, and what Burnham will look for. Then, they answer a question that has...

Is Reform unravelling? 09.07.2026

The Nigel Farage donation scandal reached a breaking point on Tuesday when he took the extreme step of triggering his own by-election. But was this a shrewd move or has it backfired? Ed Balls and George Osborne examine the risks to Reform, how Kemi Badenoch may use it to her advantage, and whether Count Binface could really be Clacton’s next MP.  While some see Farage as future PM, the next m...

EMQs: Are holiday taxes a threat to tourism? 06.07.2026

The proposed holiday tax from the King’s speech is a subject of controversy in the hospitality sector, and on this week’s EMQs Ed Balls and George Osborne speak to these concerns. Does this drive away tourism? Or, can they follow in the footsteps of other European cities and help inject funding into these destinations through the extra cashflow? Then, they delve into the lack of employment rights...

The two major challenges facing Andy Burnham 02.07.2026

Andy Burnham is now prime minister-in-waiting and is laying out his vision for Britain. On Monday he outlined his approach to the economy, but is his vision any different to Keir Starmer’s? Ed Balls and George Osborne worry the speech lacks a theory of change, and sets him up for the same troubles Starmer faced. George puts forward the two key challenges Burnham will face: defence and communicatio...

EMQs: The reshuffle dilemma facing Andy Burnham 29.06.2026

Should Andy Burnham appoint an entirely new Cabinet or resist the temptation for a full reshuffle? Ed Balls and George Osborne discuss whether constant ministerial churn is a hindrance to effective government, and who the new Prime Minister should keep in post to provide stability. They also revisit one of the biggest political "what ifs" of the year. Was Keir Starmer wrong to stop Burnham returni...

The Andy Burnham we know 25.06.2026

The pathway from Makerfield to Downing Street seems inevitable. Andy Burnham was sworn in to Parliament hours after Keir Starmer resigned and now seems set to be crowned as prime minister next month. But who is he? Ed Balls and George Osborne have known him for over 25 years, and speak to how the man they know will govern once he enters No. 10. How will his style as a footballer be reflected in hi...

HOT TAKE: Starmer resigns, what comes next? 22.06.2026

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 h...

EMQs: Keir Starmer’s problem with ministers 22.06.2026

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 a...

How’s Britain and George Osborne, 10 years on from Brexit? 18.06.2026

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,...

EMQs: Will new laws protect children online? 15.06.2026

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 it the final blow for Starmer as Healey resigns? 11.06.2026

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...

EMQs: The best place to be an MP if you're a lover of rhubarb 08.06.2026

In this week’s EMQs George Osborne and Ed Balls take on a question from Jeremy Hunt who asks if chancellors are under pressure to push through new reform as soon as they are in office.  Ed and George bring their experience to the query.  Following the Pope’s letter on the topic of AI, one listener asks for Ed and George’s reaction to the papal intervention.   In the Pope’s encyclica...

Did Farage go too far or score political points this week? 04.06.2026

British politics has been dominated this week by the horrifying murder of student Henry Novak and the political storm that followed the release of police bodycam footage. Ed Balls and George Osborne examine the tragedy, the questions it raises around “two-tier policing” and the political firestorm it has ignited.  The pair analyse the contrasting responses from Nigel Farage, Keir Starmer and...

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