It's these dilemmas and more that are currently facing Keir Starmer and other world leaders, but it's not the first time a UK government has had to find answers for such big questions about international intervention. 

Fifteen years ago the civil unrest of the Arab Spring spread to Libya. The violent crackdowns against anti-government protestors that followed sparked seven months of NATO military intervention and led to the killing of Muammar Gaddafi, putting an end to his 42-year dictatorship.

In this special mini series, Ed Balls and George Osborne are joined by former MI6 Chief Sir John Sawers to discuss the key decisions, missteps, and aftermath of the Libya crisis. We take you inside the war rooms and hear unique insights from John, George and two other officials who saw key decisions being made first-hand: former EU High Representative for Foreign and Security Policy, Cathy Ashton, and deputy national security adviser to the coalition government, Hugh Powell. 

What can the wars of the past can teach us lessons for the wars of today?

In part one, we look at how the UK government reacted to the escalating situation, why David Cameron and then-French President Nicolas Sarkozy pushed for military action, and the steps that led to the first bomb being dropped… and how it managed to surprise Britain.

Thanks for listening. In our next episode we take you right behind the scenes of the military action and hear about all of the drama that ensued, including the moment Sir John Sawyers took an informant for a secret dinner… 

Can’t wait? Subscribe now to get all three parts of Inside the Room: The Libya Conflict. You will also get access to our debrief episode The Inquiry, as well as early and ad-free access to our regular episodes of EMQs. 

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Credits: 

Research: Monica Lillis, Ayla Krachai, and Sam Burton

Production support: Tom Jackson

Production: Caillin McDaid and Nasreen Arain

Video Editor: Avi Asher and Oliver Geraghty

Executive Producer: Ellie Clifford and Henrietta Harrison

Hosted on Acast. See acast.com/privacy for more information.

A colleague of Ed’s from King’s College then asks how useful it is for benefits to be so conditional, in particular for care leavers. They debate the fairness in having conditional benefits systems, and why people are more sympathetic to care leavers than other disadvantaged groups. 

They then discuss the perks of pedestrianising Bruton, George’s stomping ground, in a manner similar to Paris. Would George lead the campaign to see this through? Or is it an enticing but unrealistic idea? 

Finally, a former Tory parliamentary candidate raises his concerns around Nick Timothy’s controversial comments on a Ramadan event in London. They discuss the dangerous direction these comments represent for both the Tories, and British politics more widely. 

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.

This podcast is sponsored by Chip. Join 400,000 customers building long term wealth.

T&Cs apply, you must be a new Chip customer, over 18, a UK tax resident, and it’s app only. Chip is a trading name of Chip Financial Limited. Savings products are provided by Clearbank and are protected up to the FSCS limit. When investing, your capital is at risk.

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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Credits:

Research: Sam Burton

Production: Caillin McDaid & Henrietta Harrison

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.

George Osborne examine what Trump actually wants, and what his mixed messages might mean for allies like Britain, struggling to keep track.  

At home, Keir Starmer and Rachel Reeves are on the backfoot. With the local elections just weeks away, and both Reform and the Greens on the rise, is the Prime Minister facing down an electoral battering at the polls? Is this the moment Labour's difficulties harden into something more lasting - could the May elections be a dress rehearsal for the next general election? Oh, and what on earth happened to Morgan McSweeney’s phone?

Finally, from political vulnerability, to political victory. Ed and George reflect on the one year anniversary of Mark Carney’s premiership. How has he managed to turn around the fortunes of the Liberal Party in remarkably difficult circumstances - and what lessons Starmer and other leaders facing similar headwinds might take from his playbook. 

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.

This podcast is sponsored by Chip. Join 400,000 customers building long term wealth. Also Chip have agreed that just for our listeners, for your first £10,000 deposited into Chip before midnight 20 March 2026, they’ll give you a Fortnum & Mason hamper after holding it for 90 days - just head to getchip.uk/politicalcurrency.

T&Cs apply, you must be a new Chip customer, over 18, a UK tax resident, and it’s app only. Chip is a trading name of Chip Financial Limited. Savings products are provided by Clearbank and are protected up to the FSCS limit. When investing, your capital is at risk.

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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.

The pair are then asked why Britain often appears reactive and not proactive for big economic shocks like the wars in Ukraine or Iran. Is this emblematic of problems within the Treasury? Problems in government? Or, an uncharitable read of tough political circumstances.

Finally, an anonymous police officer asks if the Home Office should focus more on retaining experienced officers, rather than recruitments and mergers, to improve services. He also poses a possible solution to this problem - should the police be permitted to take industrial action? Ed and George debate the merits of recruitment drives and what endemic issues need solving to help improve the police. 

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.

This podcast is sponsored by Chip. Join 400,000 customers building long term wealth. Also Chip have agreed that just for our listeners, for your first £10,000 deposited into Chip before midnight 20 March 2026, they’ll give you a Fortnum & Mason hamper after holding it for 90 days - just head to getchip.uk/politicalcurrency.

T&Cs apply, you must be a new Chip customer, over 18, a UK tax resident, and it’s app only. Chip is a trading name of Chip Financial Limited. Savings products are provided by Clearbank and are protected up to the FSCS limit. When investing, your capital is at risk.

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Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Research: Sam Burton

Production: Caillin McDaid & Henrietta Harrison 

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.

Earlier this week the Chancellor Rachel Reeves gave the Mais lecture at the Bayes Business School. She said fiscal devolution, closer relations with Europe, AI and innovation would bring growth in the UK. But was the speech too partisan and lacking economic theory?

And, Angela Rayner is back - delivering a speech criticising the government’s proposed immigration reforms. Is she planning to stick the knife in Keir Starmer, à la Michael Heseltine and Margaret Thatcher, and if so - does she have the right qualifications to lead the country? Ed and George look at past transitions mid-government for Labour and more widely, and examine how Rayner’s strengths and weaknesses may impact her chances at No. 10.

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.

This podcast is sponsored by Chip. Join 400,000 customers building long term wealth. Also Chip have agreed that just for our listeners, for your first £10,000 deposited into Chip before midnight 20 March 2026, they’ll give you a Fortnum & Mason hamper after holding it for 90 days - just head to getchip.uk/politicalcurrency.

T&Cs apply, you must be a new Chip customer, over 18, a UK tax resident, and it’s app only. Chip is a trading name of Chip Financial Limited. Savings products are provided by Clearbank and are protected up to the FSCS limit. When investing, your capital is at risk.

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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Credits:

Research: Sam Burton

Production: Caillin McDaid & Henrietta Harrison   

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.

The pair then consider the great cultural exchanges across British history, in light of the Bayeux Tapestry coming to the British Museum this year. The examples range from Beatlemania all the way to K-Pop. Do these moments help strengthen bonds between countries? What impact do shared cultural experiences have on our diplomatic relations around the world?

They then debate the fairness of Shaban Mahmood’s proposed changes to indefinite leave to remain, and the potential consequences of being less stringent on high-earning workers as compared to low-earners. 

Finally, a listener stuck in Dubai enquires about what goes on behind the scenes during crises and whether negative comments from the likes of Ed Davey in response to the ex-pats was misjudged. They cite past examples from Afghanistan to Libya, how governments handled those situations behind the scenes, and when the right time to make large scale interventions like that are necessary. 

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.

This podcast is sponsored by Chip. Join 400,000 customers building long term wealth. Also Chip have agreed that just for our listeners, for your first £10,000 deposited into Chip before midnight 20 March 2026, they’ll give you a Fortnum & Mason hamper after holding it for 90 days - just head to getchip.uk/politicalcurrency.

T&Cs apply, you must be a new Chip customer, over 18, a UK tax resident, and it’s app only. Chip is a trading name of Chip Financial Limited. Savings products are provided by Clearbank and are protected up to the FSCS limit. When investing, your capital is at risk.

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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.

Then, they return to the Iran conflict and reassess what Trump’s strategy is. Can he declare victory now and avoid risking his reputation? Or has this war created problems he can’t outrun? They also discuss the emerging energy crisis, and whether central banks should cut, hold, or raise interest rates in light of the conflict. 

Finally, with Tony Blair saying the government should have followed America into Iran, Gordon Brown weighing in on Mandelson, and Boris Johnson pushing for boots on the ground in Ukraine, we’ve seen an increasing number of interventions by ex-PMs. Is this a new trend? If so, what are these ex-PMs hoping to achieve? How effective are their interventions in shifting government policy?

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.

This podcast is sponsored by Chip. Join 400,000 customers building long term wealth. Also Chip have agreed that just for our listeners, for your first £10,000 deposited into Chip before midnight 20 March 2026, they’ll give you a Fortnum & Mason hamper after holding it for 90 days - just head to getchip.uk/politicalcurrency.

T&Cs apply, you must be a new Chip customer, over 18, a UK tax resident, and it’s app only. Chip is a trading name of Chip Financial Limited. Savings products are provided by Clearbank and are protected up to the FSCS limit. When investing, your capital is at risk.

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 & Richard Attley  

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.

Fellow ex-MP Gyles Brandreth asks the brutally honest question: did their careers peak when they were politicians? Despite all their success in podcasting and elsewhere, was being in government the best days of their lives? The pair debate the idea which ends up causing them to reminisce about Michael Gove’s dog and a chicken named Gordon.

Finally, Mayor of York and North Yorkshire David Skaith asks the best way a mayor can promote growth in their region, particularly one as rural as his. After offering David some useful ideas, the pair wander down a Wuthering Heights tangent and Ed gifts listeners with his slightly dubious Kate Bush impression. David also asks Ed for some personal advice on being a public figure with a stammer.

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.

This podcast is sponsored by Chip. Join 400,000 customers building long term wealth. Also Chip have agreed that just for our listeners, for your first £10,000 deposited into Chip before midnight 20 March 2026, they’ll give you a Fortnum & Mason hamper after holding it for 90 days - just head to getchip.uk/politicalcurrency.

T&Cs apply, you must be a new Chip customer, over 18, a UK tax resident, and it’s app only. Chip is a trading name of Chip Financial Limited. Savings products are provided by Clearbank and are protected up to the FSCS limit. When investing, your capital is at risk.

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, 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.

Ed and George unpack the strategic calculations behind the decision, from Middle East security to access to oil, and discuss the geopolitical fallout that may follow.

The conflict in Iran has also brought about the starkest moment of disagreement between UK and US since the Vietnam war. Keir Starmer refused to follow the US and Israel, but how much was that position based on internal disagreements within Labour and the long political shadow of the Iraq War?

Finally, the pair turn to Rachel Reeves’ Spring Statement. Did the Chancellor miss the mark? With defence spending pressures rising and unresolved questions around student loans, they ask if the statement was unusually partisan despite delivering few major policy changes.

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:

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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.

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:

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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.

Hosted on Acast. See acast.com/privacy for more information.

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:

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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.

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:

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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.

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:

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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.

Away from Westminster, the Munich Security Conference begins this weekend, which means we’re one year on from JD Vance’s consequential address in which he claimed the greatest threat to the continent came from within. Has that speech set the tone for the Trump administration’s relationship with Europe? What reverberations has that had for the UK? How will European leaders manage in a world without America as a reliable ally? 

Finally, they tackle one of the great debates in British politics: what do you do about the Palace of Westminster? The British parliament has been crumbling for decades and the dilemma of how to fix a working government building has been a live issue since Ed and George first left the Commons. As the issue is delayed, the costs continue to rise. They ponder the solution to this while reminiscing about crumbling offices, leaks and mice running across their feet. Is it in the British public’s interest to spend billions refurbishing the Palace of Westminster? 

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:

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Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Research: Sam Burton

Production: Caillin McDaid, Caitlin 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.

They also look at the burgeoning crisis around student loan repayments, reflecting on their own roles in governments that helped get us here, and and on the consequences of successive governments ignoring an issue of such magnitude. A civil servant asks just what MPs mean when they talk about ‘civil service reform’, and the reveal why ministers are always complaining about it. 

Finally, one of Ed’s former students puts them to the test - why do new MPs not receive training on essential policy areas when they arrive in Westminster. They use the experience of new MP Jake Richards and compare it to their own from 20 years ago.

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:

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Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Research: Sam Burton

Production: Caillin McDaid & 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.

We begin this week with the growing political fallout from the Epstein files, following the release of thousands of emails by the US Department of Justice detailing Peter Mandelson’s relationship with Jeffrey Epstein. The revelations have prompted comparisons with the Profumo affair and raised serious questions about judgment, power, and trust at the heart of British politics. 

Ed Balls and George Osborne discuss their shock at the extent of the released emails , how it has reignited scrutiny of Keir Starmer’s decision-making, and whether this crisis could bring the Prime Minister down.

Epstein’s connections with British elites goes beyond Westminster however. His well documented friendship with the former Prince, Andrew Mountbatten-Windsor, has once again put the Royal Family under pressure. How can King Charles deal with a scandal of this magnitude? And for others implicated in these files, like the Clintons and Donald Trump, what might follow?

Overshadowed in the noise of the Epstein files was the long-awaited appointment of Jerome Powell’s successor as chair of the Federal Reserve, and it was announced last week that Kevin Warsh was Trump’s pick. Ed and George reflect on their personal interactions with Warsh. What kind of Central Banker will he be? How will he differ from Powell? And, how might he handle political pressure from Trump’s 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.

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 & 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.

Then, the pair consider whether the UK could adopt a US style primary system for candidates and explain how they got selected for their seats in parliament. They also confront the surprising fact that no prime minister has come to power and been ejected through a General Election since the 1970s and answer whether Britain is actually a democracy?

They then answer if any British politician is capable of inspiring people the way Mark Carney did at Davos. George and Ed use their past experiences writing and delivering speeches to debate whether Carney's speech was inspiring because of what was written, or how and where it was said.

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:

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Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Research: Sam Burton

Production: Caillin McDaid   

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.

Keir Starmer flew to China this week, amidst renewed tensions over his leadership, marking the first prime minister to visit the country in 8 years. Ed and George question why Number 10 played down this significant geopolitical moment, and how it reflects the tension surrounding Starmer leadership. They also look at Andy Burnham’s failed return to Westminster and Kemi Badenoch’s threats to her left and right.

Meanwhile, in the United States, Donald Trump is forced to de-escalate his position on immigration following multiple fatal shootings on the streets of Minnesota. Has the White House lost control of the narrative? And if so, what does this tell us about the limits of a hardline on the politics of immigration?

Also, the pair highlight a new Institute for Fiscal Studies paper, which looks into how the house price boom and intergenerational wealth is affecting home ownership and social mobility in the UK today. What impact is this having on people’s life chances? And is the Labour government able to tackle it in light of its watered down planning reforms?

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:

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Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Research: Sam Burton

Production: Caillin McDaid & 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.

They also discuss the role of academics in policy making, and why American scholars end up more favored than their British counterparts. And, how many U-turns can a government sustain? Ed and George look at the impact of U-turn politics on trust and authority, and discuss how the coalition survived the omnishambles budget? 

Finally, the pair consider whether MPs who defect - including recent high profile Tories like Robert Jenrick - should stand down to trigger by-elections. They explain where this has gone wrong historically, and the dangerous precedent it would set for future political rebellions in all major parties. 

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:

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Please note: Kitchen Cabinet is only available via Patreon.

Credits:

Research: Sam Burton

Production: Caillin McDaid, Caitlin Hanrahan & Sam Psyk. 

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.

The pair then reflect on Robert Jenrick’s sacking and defection to Reform one week on. Has he truly put national interest above personal interest? Should the two parties come to an agreement to reunite the right of British politics? And could the defection of other Tories such as Andrew Rosindell help Kemi Badenoch change the party for the better?

Ed has also been on the European continent this week, visiting Versailles for the annual Franco-British Colloque. He speaks of his insights into growing acceptance of victory for the far-right National Rally in next year’s presidential election, a rumoured Macron return in 2032, and the need, now more than ever, for a stronger relationship across the Channel.

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.

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Credits:

Research: Sam Burton

Production: Caillin McDaid, Caitlin Hanrahan & Sam Psyk. 

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.

Shevaun Haviland, Director General for the British Chambers of Commerce, then asks how the ongoing issues with business rates are solved permanently. George explains why this tax is one that causes issues for every government, and the problems inherent to reforming it. 

A listener sends in a question from Tokyo, allowing Ed and George to delve into the decades-long standstill of the Japanese economy and the cult-like following new prime minister Sanae Takaichi has gained. 

Finally, George explains why it’s easier to make promises in opposition than stick to them in government, revisiting plans by the Tories to downsize government cars before the coalition, and why it didn’t work out that way.

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Credits:

Research: Sam Burton

Production: Caillin McDaid, Caitlin Hanrahan & Sam Psyk. 

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.

The pair look at the ongoing protests in Iran, and Donald Trump’s changing stance on whether American forces will be deployed in the region. They also look at how Labour should respond, and question the silence from certain political voices on the left. 

After a roundup of U-turns last week the Labour government has delivered yet another rollback with their mandatory Digital ID cards. Why can’t the government, in Wes Streeting’s words, get it right the first time? 

And finally, the ongoing feud between Fed Chair Jerome Powell and Trump turned from a cold war to a hot one last weekend, with a criminal investigation into Powell being launched and the Fed releasing a response. Ed and George examine the possible repercussions of this, and the threats Trump’s demands of the Fed pose. 

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Credits:

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Production: Caillin McDaid, Caitlin Hanrahan & Sam Psyk. 

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.

They then turn to a question missed from our last ‘What If’ episode from Australian cabinet member Chris Bowen, who wonders what would happen if John Smith had lived. What would have become of Tony Blair, Gordon Brown, and, most importantly, Ed?

George’s old Downing Street colleague Craig Oliver also asks a question concerning the gap between establishment and public opinion on AI which allows George to flex his new OpenAI knowledge. Finally, they answer the question on everyone’s minds: what was their favourite song from the Eras Tour? 

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Credits:

Research: Sam Burton

Production: Caillin McDaid and 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.

As Donald Trump sets the tone internationally, Keir Starmer is under pressure to make his latest domestic relaunch cut through. By focusing on the cost of living, can the government tap into one of the British public’s key policy concerns? Or is this mission too broad, and a hostage to fate?

Finally, the pair examine whether Labour is becoming the U-turn government… From farmer’s inheritance tax, to a potential U-turn on pubs’ business rates, is it a timely course correction? Or does it give the impression that the government doesn't know what they are doing?

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Credits:

Research: Sam Burton

Production: Caillin McDaid and 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.

George Osborne and Ed Balls are back with another ‘What if’ episode, thinking about some of the most consequential sliding doors moments in modern politics. 

Looking further back, what if it was actually Neil Kinnock who had won the 1992 election? How might Black Wednesday have played out under a Labour government?

Finally, they imagine a showdown between Obama and Trump for a third term in 2028. Can Trump really stand constitutionally? Would it be wise for the Democrats to run Obama or is there a better candidate to beat Trump?  

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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. 

Credits:

Research: Sam Burton

Production: Paige Reynolds and Caillin McDaid

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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The pair talk about the challenges of entering government and whether Labour (or any party) still prioritises education, education, education. They debate the effectiveness of scrapping the two-child benefit cap versus reviving plans like Sure Start, and what to expect from the education department in 2026. 

They also talk about Phillipson’s deputy leadership campaign, how she felt about being ‘No. 10’s candidate’, and whether she would contest any future leadership bids…

Finally, they turn to the challenge on every Labour MP’s mind: Reform. Phillipson’s Sunderland constituency is at the heart of the Reform challenge to Labour, which means she is acutely aware of the looming threat. How can her party can beat Nigel Farage?

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Credits:

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Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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Claudia Winkleman asks who the ultimate political traitor is? Who do they pick for 2025… and of all time? Plus, our listeners ask Ed and George about the gifts they have bought for their loved ones - did George ever get David and Sam Cam any wallpaper… and also what books they’d recommend as stocking fillers. 

Rob Rinder asks George whether he really thinks he could have done better than Ed on Strictly Come Dancing. And he also asks a more serious question: why do they think anti-semitism has been on the rise?

Then, seeing as it’s the season, a listener asks about Ed and George’s favourite Westminster pubs and finally, it’s Ed’s time to shine as a listener asks for his ultimate Christmas recipes.

Thank you so much for all your support in 2025. We have loved hearing from you and we can’t wait to hear more of your questions in 2026. Send them to questions@politicalcurrency and make sure to include a voice note of your question.

Don’t forget to vote for us as the Political Podcast Awards' People’s Choice of the Year. Follow the link to vote: https://politicalpodcastawards.co.uk/the-peoples-choice-award/ 

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Credits:

Production: Paige Reynolds and Caillin McDaid

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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In this wide-ranging conversation, the two Eds talk about Ed Davey’s passion for care provision and his deeply personal connection to the issue. Ed Balls also asks Ed about his time in the Coalition government with George Osborne and they reflect on their shared school days - including time spent out of the classroom. But will Ed Balls finally return the history notes he lost?

Plus, with Nigel Farage’s Reform rising up the ranks, Ed Balls asks Ed Davey if he would go into a coalition with Nigel Farage at the next general election. 

Don’t forget to vote for us as the Political Podcast Award’s People’s Choice of the year. Follow the link to vote: https://politicalpodcastawards.co.uk/the-peoples-choice-award/ 

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Credits:

Production: Paige Reynolds and Caillin McDaid

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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George reveals William Hague’s incredible method for making sure meetings run on time and Ed helps a Gold listener finally understand the joke at the front of the show? Why on earth would George think he was on the Titanic?

A listener shares their experience as a Jewish person in the UK, after the attack on Bondi Beach. 

And, Nick Thomas-Symonds, cabinet member and famed biographer of Harold Wilson compliments George on his impression of the former Prime Minister - though makes a slight correction. He wants to know when Ed and George think the leaders they served were most resilient. 

Finally - seeing as it’s nearly Christmas - Ed and George muse on where Santa does his Christmas shopping… 

Don’t forget to vote for us as the Political Podcast Award’s People’s Choice of the year. Follow the link to vote: https://politicalpodcastawards.co.uk/the-peoples-choice-award/ 

And 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.

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Credits:

Research: Sam Burton

Production: Paige Reynolds and Eve Jones

Video Editor: Maha Al-Badrawi

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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They also name what could potentially be the four most influential moments of 2026. Are losses in the Scottish, Welsh and local elections inevitable for Labour? Will the US mid-terms signal a resurgence or decline for Donald Trump? Could US-China state visits present an opportunity for a stronger relationship between the countries? And just how significant will the first OBR forecast since the Budget be, when it arrives in the spring?

Finally, Ed and George crown their Politicians of the Year, and take a look back at some of the best, worst, and most surprising political moments of 2025.

Don’t forget to vote for us as the Political Podcast Award’s People’s Choice of the year. Follow the link to vote: https://politicalpodcastawards.co.uk/the-peoples-choice-award/ 

And 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.

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Credits:

Research: Sam Burton

Production: Paige Reynolds and Eve Jones

Video Editor: Maha Al-Badrawi

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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Elsewhere, they look at the peculiar case of the Canadian Conservatives where election loser Pierre Poilievre has continued on as leader, and wonder if there are any British equivalents. This allows George to show off his unexpected Harold Wilson impression. 

They also question Labour’s continued refusal to consider rejoining the Customs Union, and whether the US/India trade deals are an acceptable substitute. Finally, they give Keir Starmer some benefit of the doubt, as a passionate listener makes the case for Labour’s vision and successes from their first year in government.

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Credits:

Research: Sam Burton

Production: Caillin McDaid & Ellie Jay 

Video Editor: Danny Pape

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.

They then turn to the US domestic agenda, and weigh up whether the Trump economy really is A+++. They look at the impact of the tariffs, the upcoming appointment of a new Federal Reserve chair, and how rising prices could cost the Republicans in the midterms.

Finally, they look at Hollywood and shine a light on Trump’s role in Netflix and Paramount’s bidding war for Warner Bros. They weigh up the impacts of these bids, the role of Jared Kushner, and why something similar couldn’t happen in the UK…

Don’t forget to vote for us as the Political Podcast Award’s People’s Choice of the year. Follow the link to vote: https://politicalpodcastawards.co.uk/the-peoples-choice-award/ 

And 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.

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Credits:

Research: Sam Burton

Production: Caillin McDaid & Ellie Jay 

Video Editor: Danny Pape

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.

They debate William Hague’s theory that, were Rachel Reeves sacked, Keir Starmer would follow and look back at how chancellors and Prime Minister’s fates have been intertwined. Plus - why is Keir Starmer always doodling during PMQs? Is he following the brilliant debate strategy of Obama, or easily bored when being questioned?

Finally, in a preview of our upcoming ‘What If’ EMQs, Ed and George imagine how the 2024 election could have gone, had Reeves followed a path like John Smith in 1992. Would she have avoided her budget nightmares? Or, would we still have Rishi Sunak as Prime Minister?

Don’t forget to send in questions for our upcoming Christmas and ‘What If’ themed EMQs episodes. You can send those to questions@politicalcurrency, and make sure to include a voice note!

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Credits:

Research: Sam Burton

Production: Caillin McDaid & Jack Boswell

Video Editor: Maha Al-Badrawi

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.

Then, the pair discuss David Lammy’s drastic measures to scrap juries for the majority of cases in England and Wales. Is this the biggest change to our justice system since the Magna Carta or a necessary step to solve the mounting backlog of cases, bringing the courts to the brink? And why on earth didn't anybody prepare the ground for it?

Finally, Ed and George look across the channel to the rise of the far right in Germany and France. With the AfD and National Rally looking on the cusp of electoral victory and Reform’s path to power looking inevitable, what lessons can Keir Starmer learn from his European allies to stop Nigel Farage securing the keys to No 10? 

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Credits:

Research: Sam Burton

Production: Caillin McDaid & Jack Boswell

Video Editor: Maha Al-Badrawi

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.

And why does the Opposition leader respond to the budget and not the shadow chancellor? Ed and George try to work it out, but are not quite sure themselves - please write in! They also delve into the minimum wage rise from the budget, and signal pressing issues Keir Starmer and Rachel Reeves must tackle down the line.

Finally, the pair share their dream jobs - other than Prime Minister, of course - with Ed’s being a suitably political answer and George’s being typically wide-ranging from his previous roles.

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. 

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Credits:

Research: Sam Burton

Production: Caillin McDaid and Paige Reynolds

Video Editor: Maha Al-Badrawi

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.

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.

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Credits:

Research: Sam Burton

Production: Caillin McDaid and Paige Reynolds

Video Editor: Maha Al-Badrawi

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.

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.

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Credits:

Researcher: Sam Burton

Assistant Producer: Caillin McDaid

Video Editor: Oliver Geraghty 

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.

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.

~

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Credits:

Assistant Producer: Caillin McDaid

Senior Producer: Silvia Maresca

Video Editor: Maha Al-Badrawi

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.

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.

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Credits:

Assistant Producer: Caillin McDaid

Senior Producer: Silvia Maresca

Video Editor: Maha Al-Badrawi

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.

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?

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Credits:

Assistant Producer: Caillin McDaid

Senior Producer: Silvia Maresca

Video Editor: Maha Al-Badrawi

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.

Meanwhile, the BBC is in turmoil, with its Director General and Head of News resigning over the Donald Trump Panorama controversy. With George himself now tipped for the top job, the pair unpack the corporate governance collapse. And, can Donald Trump really win his $1 billion lawsuit against the British broadcaster?

Finally, Ed and George turn to Donald Trump snubbing the G20 over his claims of a "genocide" in South Africa. They explore the deepening divisions in the MAGA movement over controversial figures like Nick Fuentes, and ask if this identity politics of the "woke right" is a brand that Nigel Farage is about to import to the UK.

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Credits:

Assistant Producer: Caillin McDaid

Senior Producer: Silvia Maresca

Video Editor: Maha Albadrawi

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.

And can an unpopular leader tank a popular policy? The pair debate how a leader’s image affects a government, and whether an unpopular messenger will derail a popular message no matter what. They also examine the meaning of 'fairness' in politics, and whether Labour or the Tories can truly lay claim to the term.

Finally, Ed’s new title as a "Lifelong Learning Ambassador" sparks a discussion on the 'Cinderella service' of adult skills and why no government can seem to get it right.

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Credits:

Assistant Producer: Caillin McDaid

Senior Producer: Silvia Maresca

Video Editor: Maha Al-Badrawi

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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Meanwhile, Kemi Badenoch marks one year as Conservative leader - but, despite her sharp "waffle bomb" attack on the Chancellor, her poll ratings remain dire. Ed and George assess her performance: has she successfully stabilised the party's finances, or did she waste a year on identity politics instead of the economy? Plus, the pair explore why even Nigel Farage is suddenly pivoting away from tax cuts.

And, what can a "Democratic Socialist" mayor in New York teach UK politics? Ed and George debate the real lessons from Zoran Mandani's shock victory - is it about left-wing policy, or a masterclass in new communication and building the broad coalitions that Starmer, Badenoch, and Farage all need?

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Credits:

Assistant Producer: Caillin McDaid

Senior Producer: Silvia Maresca

Video Editor: Maha Albadrawi

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.

Then, a direct question from the Gates Foundation confronts the former Chancellors on the 40% cut to foreign aid. George, the Chancellor who delivered the 0.7% target, blasts the "remarkably silent" and "compliant" aid community, delivering a stark warning to "get louder" or face even more cuts.

Plus, with Tess Daly and Claudia Winkleman stepping down, could Ed and George be the new hosts of Strictly Come Dancing? The pair reveal how unscripted the podcast really is, George shares his favorite TikTok restaurant reviewer, and Ed reacts to his "hot phase" going viral on social media…

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Credits:

Assistant Producer: Caillin McDaid

Senior Producer: Silvia Maresca

Video Editor: Maha Al-Badrawi

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.

The pair then look ahead to the Budget and Rachel Reeves's fiscal black hole. Can she uphold Labour’s 'tax lock' manifesto pledge, or will she be forced to raise one of the 'big three' taxes? Ed and George analyse a choice that could be make-or-break for the government.

Finally, they dive into Donald Trump's whirlwind Asia tour. Following his major summit with Xi Jinping, they ask: is his tariff doctrine a chaotic madman theory, or is it successfully strong-arming new 'America First' trade deals?

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Assistant Producer: Caillin McDaid

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Video Editor: Maha Albadrawi

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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And why are bats, newts, and even spiders causing such chaos for British planning? The pair dive into the costly industry of species protection, discussing hundred-million-pound bat tunnels, a town centre stopped by spiders, and historic dockyards left unrenovated due to nesting birds.

Plus, the real historical reason for Parliament's subsidised bars, ‘sleepovers with mummies’ at the British Museum and George sets the record straight on what he actually did in his second government job as First Secretary of State.

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Video Editor: Oliver Geraghty

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.

Then, the pair dive into the 'appalling' turmoil inside Keir Starmer's No. 10. Are 'staggering' and 'juvenile' briefings against the new Cabinet Secretary a sign of a government in chaos? And as the Prince Andrew saga dominates the headlines, they debate the 'endgame' for the Senior Royal and why George believes it’s time for the Prime Minister to step in.

Plus, with George reporting from San Francisco, the pair give their take on the AI boom. With 'eye-watering valuations' for companies like OpenAI, is the world on the verge of an AI bubble bursting?

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Credits:

Assistant Producer: Caillin McDaid

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Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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George also recounts his recent on-stage reunion with Sir Nick Clegg, discussing with Ed whether the UK is destined for a multi-party system and if coalition governments are a recipe for success or instability.

Plus, the President of the National Farmers' Union directly challenges the hosts on the 'family farm tax,' asking whether the Treasury has become an impenetrable silo; could a stamp duty holiday solve the housing crisis; and why one listener has dubbed the podcast 'The Redemption of George Osborne'.

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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.

And as Donald Trump declares ‘a new dawn’ in the Middle East, with the ceasefire appearing to be holding in Gaza, the pair debate if the US President should get the Nobel peace prize and whether the UK government is ‘delusional’ in thinking they had a hand in the process…

Plus, with the larger parties not getting a look-in, will the Sennedd by-election in Wales next week be the beginning of the political earthquake that shakes the UK? Prompted by ITV Wales’ National Correspondent Rob Osborne, Ed and George look at why Wales is often overlooked when it comes to nation-wide coverage and scrutiny. 

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Producer: Ellie Jay

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Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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Then, Ed Balls sets the record straight on one of New Labour's defining policies, revealing the true story behind making the Bank of England independent and taking credit from both Gordon Brown and Tony Blair.

Also on the agenda: the breaking of unwritten rules during party conference season, the politics of attending the Women's Rugby World Cup final, and the Brexit parallels of trying to reform the ECHR.

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Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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The pair then dissect one of the conference's biggest bombshells: the pledge to leave the ECHR. Is this another Brexit-in-the-making, or a savvy political move? And could Keir Starmer, the former human rights lawyer, be the one person with the credibility to reform the system and solve one of his biggest political headaches?

Plus, Ed and George dive into the Whitehall blame game over the collapsed China spy case. As the government's top figures point fingers, Ed reveals a stunning conspiracy theory about what might really be going on behind the scenes…

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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.

With Labour conference just finished, Ed and George ask whether Keir Starmer is really a Blairite, a Brownite, or breaking with New Labour altogether. They also debate what Starmer and Rachel Reeves need to do to put Scottish Labour back in contention at the Holyrood elections next May.

And before the Conservative conference begins in Manchester, George warns that the second year in opposition is always worse than the first, and sets out how the Tories and Kemi Badenoch might plot a comeback.

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Assistant Producer: Caillin McDaid

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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.

And a bombshell has landed from Washington: Donald Trump, Benjamin Netanyahu, and the shock return of Tony Blair with a new Gaza peace plan. A week after clashing over whether the UK's role on the discussion around Palestine was irrelevant or a game-changer, Ed and George are back to debate who was right.

Meanwhile, Chancellor Rachel Reeves quietly floats a major change to the UK’s economic rulebook, proposing to scrap one of the OBR's two annual forecasts. Ed and George unpack a seemingly technical move with huge consequences for Britain's economic credibility.

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Assistant Producer: Caillin McDaid

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Video Editor: Maha Al-Badrawi

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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From George's first job as a Tory 'observer' faxing Tony Blair's speeches to No. 10, to Ed staying up so late he saw the breakfast TV crews setting up, they share the ultimate insider's guide to navigating this political “goldfish bowl”.

The pair are joined by special contributors with their own incredible stories: Lord Eric Pickles on his bizarre role managing Denis Thatcher's applause; Sir Oliver Letwin with a powerful, first-hand account of the 1984 Brighton bombing; and journalist Nick Robinson on the moment he confronted a furious Prime Minister. 

Plus, Ed and George discuss what separates a good conference from a disastrous one, and why you should always be careful what you say in the lift…

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Executive Producer: Ellie Clifford

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His attack on Sadiq Khan saw senior ministers like Wes Streeting and Shabana Mahmood scrambling to respond, raising the question: in a party rife with leadership speculation, is loyalty still the best strategy? With mounting speculation that Manchester Mayor Andy Burnham is gearing up for a leadership challenge, Ed Balls and George Osborne dig into the manoeuvres and what they signal about the stability of Starmer's leadership, in a week where the UK also made its historic move to recognise the Palestinian state.

Meanwhile, another great challenge looms for the government: the economy. With a reported £30 billion fiscal hole to fill, could a controversial wealth tax be the answer? And as the government seeks to respond to pressure on migration, is a return to ID cards the right move? George thinks the time has come for a digital identity scheme, but Ed is deeply sceptical it can work…

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Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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Meanwhile, Sadiq Khan asks about what they love most about London (spoiler: the tube gets a mention), and Seyi Akiwowo, the director of Glitch, a non-profit organisation campaigning to end online abuse, gets Ed and George thinking about hopeful advice for those casting their first vote and finding their political voice.

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

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.

It’s hard to believe the US President’s visit could be considered a reprieve for Prime Minister Keir Starmer after a grueling two weeks back from summer recess. Soon after Angela Rayner made her sudden, tax-enforced exit the government faced its next drama: US Ambassador Peter Mandelson and his long, email-documented friendship with sex offender Jeffrey Epstein. A deputy leadership contest, scrutiny over Mandelson vetting process and - in recent days - questions over whether Andy Burnham is gunning for Starmer’s job… 

It should be catnip for leader of the Tories, Kemi Badenoch - except Danny Kruger’s gone and spoiled it by defecting to Reform! 

Meanwhile, the Federal Reserve has cut rates for the first time this year - while the Bank of England is holding firm at 4%. Ed and George  take stock of the global economic position and what's next for the bond market after its moment of tumult earlier this month … 

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Then it’s from the Cabinet Office to the kitchen, as George grills Ed on one of Westminster’s most notorious culinary conspiracies: Lasagna-gate. Was that dinner party at the Balls-Cooper house really a covert plot to bring down Ed Miliband?

And after serving up some advice for a new podcasting rival, the duo look ahead: could a robot outshine a human as a political speechwriter? They put it to the test in real time, asking AI to pen a Shakespearean sonnet on the spot. The result? You’ll have to hear it to believe it…

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Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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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?

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Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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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.

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Producer: Jarek Zaba 

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Assistant Producer: Miriam Hall 

Video Editor: Oliver Geraghty 

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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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?

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Producer: Jarek Zaba 

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Assistant Producer: Miriam Hall 

Video Editor: Oliver Geraghty 

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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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.

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Video Editor: Maha Albadrawi 

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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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.

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Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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They discuss historic interventions that shaped the nation, from Edward Heath’s decisive speech on capital punishment to the Cromwellian phrase, “In the name of God, go,” which was famously used against Neville Chamberlain and Boris Johnson. They also share personal anecdotes about their first days as MPs, the importance of punctuality in a crisis, and the surprising truth about the bottled water in the Chancellor’s office.

Plus, find out which cabinet job is surprisingly one of the "easier ones" to manage and what really happens in the MPs' exclusive tea room.

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Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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With Ed Balls away interrailing, Streeting joins George Osborne to give him a candid inside look at Labour's first year in power, revealing what Keir Starmer is really like as a leader, the secret orders he gives his cabinet, and his ambitious plan to reform the NHS by shifting power to patients and focusing on prevention. Plus, he explains why he believes Nigel Farage and Reform UK are now the "real opposition" to the government.

Plus, Ed and George reunite to pull back the curtain on a subject of endless obsession for politicians and the press: ministerial cars. The pair explain why a minister's driver knows more about them than their own family, how drivers' gossip can make or break a career, and share hilarious and shocking stories involving heavy petting, a disastrous escape from a prime ministerial motorcade, and fish and chips with Gordon Brown. They also offer some crucial advice for any aspiring minister on how not to behave in the back of a Jag…

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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.

They discuss whether the government should take more responsibility for opening up opportunities and how early aspirations are shaped by who you know and what you see.

Plus, they debate if Britain should rejoin Erasmus+, which politicians will still be remembered in 100 years, and what the future holds for our rivers and seas in the face of sewage pollution and hosepipe bans.

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Video Editors: Maha Albadrawi

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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Sarah gives the unfiltered story of her marriage and divorce from Michael Gove, revealing how the "toxic culture" of Westminster shattered friendships with the Camerons, took a toll on her mental health, and why she considered Dominic Cummings the true "third person" in her marriage.

Plus, Ed and George pull back the curtain on one of Westminster’s most mysterious institutions: the Whips' Office. Forget the myths of blackmailers and dark arts; the pair explain what whips really do, what the "usual channels" are, and share the incredible theory of how one fateful appointment in 2014 may have inadvertently changed the course of British history and led to Brexit.

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Maha Albadrawi 

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.

And another listener digs into a moment of political tension between Ed and Tony Blair over the Euro. Did Steve Richards’s book Turning Points get it right, and what was really said in that meeting?

Plus - the political fiction and non-fiction worth reading this summer, and whether George or Ed would ever dare to write a political thriller of their own.

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Producer: Miriam Hall

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Video Editors: Maha Albadrawi

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.

The former Chancellor joins Ed Balls to talk through the decisions behind the Truss mini-budget - from bypassing the OBR to what he now calls its “real intellectual failing.” He explains why the Bank of England’s intervention “killed the government,” and why he believes his sacking was no coincidence.

Kwarteng also looks ahead, urging the Conservative Party and Kemi Badenoch to focus on unity, and warning Rachel Reeves about the political cost of trying to rein in spending.

Plus, Ed and George turn to political speechwriting. Who writes the big speeches? What makes them stick? And how do you find the right words for someone else? From Trump rallies to Gordon Brown’s “no time for a novice,” the pair give us a peek inside the craft of effective political communication.

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Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editors: Maha Albadrawi

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.

Another listener shares a devastating story about her mother’s death during the junior doctors' strikes, raising serious questions about end-of-life care and what, if anything, Wes Streeting can do to bring doctors back to work. Is palliative care in this country just a postcode lottery?

Plus - a challenge from Emily Thornberry on who kept ministers in check when Ed and George were in power, why successive governments might have gambled away billions in debt costs, and political flights that changed careers and reshaped governments.

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

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.

Ed Balls and George Osborne dig into what the numbers mean for Chancellor Rachel Reeves. With spending cuts ruled out and the Autumn Budget on the horizon, the question looms: can the government afford all it has promised? George thinks Reeves is avoiding the tough calls. Ed believes tax rises may be inevitable, unless Labour is willing to flirt with more debt and borrowing.

Meanwhile, Keir Starmer has carefully negotiated an extraordinary weekend with the US President Donald Trump in Scotland, and has gone straight into a pledge to recognise the Palestinian state. What will this mean for the UK-US relationship?

And with former Sun editor David Dinsmore appointed to shake up Downing Street comms, Ed and George reflect on what his appointment signals - and the risks when the people managing the message start making headlines themselves.

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Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

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.

The pair also consider the concept of age limits on voting. We’ve got a minimum age - recently lowered by Labour to 16 years old - so why not a maximum too? A listener asks: was it fair for those over 70 to have a say in the Brexit referendum, for example, while many people who were set to inherit a departure from Europe were at the time too young to make their voice heard?

Plus - heckling moments of brutality and brilliance. A listener recalls a well-timed response to Jeremy Corbyn in the House of Commons - and asks Ed and George to reflect on memorable moments of perfect comedic timing at their own, or other politicians’ expense.

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Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editors: Danny Pape & Maha Albadrawi

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

Meanwhile, the crisis in Gaza is becoming impossible to ignore across the country. With heartbreaking images and rising calls from Labour MPs to recognise Palestine, Ed and George ask how long Starmer can hold his ground - and whether the pressure will become so intense it will force a change.

Meanwhile, Donald Trump is heading to Scotland to open a new golf course - but this visit isn’t just about sport. Scheduled private talks with Keir Starmer and John Swinney could have serious implications for trade and Middle East diplomacy. How should Starmer handle this high-stakes meeting?

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Credits:

Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editors: Danny Pape & Maha Albadrawi

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

Then, what happens when politicians leave office? A listener asks how Ed and George’s lives outside Westminster - from Wall Street and museums to breakfast TV and Strictly Come Dancing - have changed how they see politics. Would they govern differently if they ever returned?

Also this week: do the markets now have more power than elected governments? What should we expect from ministers on annual leave? And is there ever a good reason to read self-help books such as The 48 Laws of Power?

Plus, what really happened in that lift in China with George Osborne and Boris Johnson?

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Danny Pape

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.

And Andrew Bailey has sounded the alarm on banks issuing their own stablecoins. Is the UK risking being left behind on innovation in the financial services world? George doesn’t want the UK to risk falling behind, but Ed thinks George as Chancellor would have sounded a very different note on crypto.

And The UK and France have just signed the Northwood declaration, a new nuclear pact. So what does it signal about the state of French-British relations?

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Danny Pape

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.

Then, it’s onto a different question of longevity: what will it take for the Conservative Party to survive? Is the future in rebuilding the 2015 voter coalition of social liberals and economic conservatives? Or has that alignment passed its sell-by date? Ed and George debate whether One Nation Conservatism still has legs, or if the party is heading in a Reform-lite direction. Plus, what should Labour do next to avoid complacency after its 2024 landslide?

And finally, parties of a different kind. A listener asks about the best parties they’ve ever been to. George plays it coy, but Ed eventually gets the details out of him - including a story or two from Madonna’s legendary Oscars after party…

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Danny Pape

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.

Also this week, the pressure is piling on Rachel Reeves. With the UK’s finances looking shakier and the OBR sounding the alarm, the debate over a wealth tax refuses to go away. Can Labour stick to its fiscal rules without making tough choices?

And finally, another new political movement enters the fray. Jeremy Corbyn and Zarah Sultana are launching a new left-wing party, while Elon Musk teases his own ‘America Party’ across the Atlantic. Ed and George ask, are we entering an era of DIY politics, driven by personality more than policy?

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Danny Pape

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.

Listeners are reflecting on Keir Starmer a year into his premiership, with some wondering about his core set of beliefs (or lack thereof) and others questioning their decision to lend him their vote. What can the PM do to inspire these wavering voters?

Ed and George also note institutional differences in the role academics play in government. Why is an economic academic more likely to find a role in the US government or the Bank of England then in the UK cabinet? 

And who are the UK’s Machiavelli-like politicians of recent times? Boris Johnson is dismissed as a candidate but Ed Balls nominates someone closer to home, suggesting that George Osborne may have pulled more strings in the Cameron government than we appreciated. 

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Producers: Miriam Hall and Jarek Zaba

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But the show must go on! French President Emmanuel Macron is due for a state visit next week, the first since President Nicholas Sarkozy’s over a decade ago. Put aside the pressing political questions for more important matters - what is Ed going to wear to the big dinner at Windsor Castle? 

And, believe it or not, this week marks a whole year since the Starmer government took office. No doubt the PM is facing a slew of acute policy challenges, but has his personal approach and his leadership style shifted the course of the 12 months? 

Producer: Miriam Hall and Jarek Zaba

Video Editor: Danny Pape

Executive Producer: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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The pair then turns to a question from regular listener Douglas Alexander, Minister of State for Trade Policy and Economic Security. Fresh off publishing the new trade strategy, he asks for George and Ed’s take on what it gets right and whether the Conservatives ever had anything similar.

And is there a way to make people see the value in their taxes? Maybe just a little? Ed and George weigh in on one of life’s certainties, thanks to a question from a gold subscriber who received world class care at Great Ormond Street Hospital.

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

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.

Back home, the government is refusing to say whether the US bombing of Iran violated international law. What’s the strategy in dodging the question? And how long can they keep it up?

But it’s not the only issue on their plate. Labour’s big majority is looking a bit shakier as over 120 MPs line up to rebel over welfare reform. Is this Starmer’s first real test? And what does it tell us about who’s really in charge?

Plus, Glastonbury gets dragged into the headlines again - this time over Irish rap group Kneecap. Are we in for another culture war summer?

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

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.

The pair also hear from an anonymous listener fighting for answers about the Mull of Kintyre Chinook crash, and discuss why the documents have been sealed for a century and what that means for the families seeking the truth.

Plus, a listener challenges the logic of ring-fencing certain government department in the Spending Review. And fellow podcaster Jimmy McCloughlin asks how AI is really shaking up the economy, and what Ed and George have been using it for lately.

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

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.

Back home, Keir Starmer has announced a long-demanded national inquiry into grooming gangs, after years of failures and political arguments about who knew what and when. Ed and George debate whether this is a moment of accountability or just another U-turn that risks backfiring.

And Labour looks set to retreat on taxing non-doms’ worldwide assets, amid signs the wealthy are packing up and moving out of London. Is this the only way to stop an exodus, or another blow to Labour’s big fiscal promises?

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

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.

The pair then flick open their ministerial boxes: what’s it like to carry one, what can one find inside and why has it never been replaced in the digital age for something more user-friendly? A red tablet perhaps? Speaking of opening up, George responds to Michael Gove’s ex-wife Sarah Vine’s claims in her recent memoir “How not to be a Political Wife”  - did he really tell her to borrow some money from her father when she was in a financial bind?

Plus - Giles Winn, Special Advisor to the Treasury under Philip Hammond, asks about soft diplomacy in an era of ramped-up military spending. With UCL, he just released a report, The Soft Power impact of The BBC World Service’  - and he wants Ed and George to weigh in. And Christine Farquharson from the Institute for Fiscal Studies asks about the politics of the rise of Sure Start, which she recently evaluated alongside co-authors in this report.

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Danny Pape 

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.

With defence and the NHS coming out on top, and departments like the Foreign Office facing deep cuts, what does this Review tell us about Labour’s true priorities? And can the party really keep these pledges without raising taxes or breaking its own fiscal rules?

Meanwhile, across the Atlantic, Donald Trump is making headlines once again, this time for turning on his old ally Elon Musk and deploying troops into LA over immigration protests. Ed and George assess what it all means for the UK’s relationship with Trump, the future of US-UK diplomacy, and Starmer’s carefully built transatlantic strategy.

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Danny Pape 

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.

And Ed and George are live, unscripted, and face-to-face for the first time - answering questions at the SXSW festival. The pair consider how best to handle a political sacking - would a couple of sherries help? Or should one invest in a coffee machine so you never have to leave the house? They also mull the value of a Politics, Philosophy and Economics (PPE) degree. Plus, they share their favourite political jokes, and the role of humor and satire in the current environment … 

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Danny Pape 

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.

Meanwhile, Donald Trump is reigniting the trade war - with a 25% steel tariff sending markets wobbling. The UK may have a temporary exemption, but there are warning signs everywhere: surging bond yields, a weakening pound, and talk of a “crack” in the market from Wall Street’s biggest voices. What does it all mean for the UK - and could global turbulence derail Labour’s investment plans before they’ve begun?

And Boris Johnson’s back in the headlines. Could he really be planning a political comeback? With Reform UK on the rise and Conservative nerves showing, some see him as a vote-winner. But under Kemi Badenoch’s leadership, would his return solve more problems than it creates?

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Danny Pape

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.

Harvard is the latest American university to feel the full force of Donald Trump’s ire, with the US president trying to stop the storied institution from bringing on international students. Could there be benefits for Britain? George thinks the government should act now, without delay, to see if some of the best and brightest could abandon the USA for the UK.

And the pair lift the lid on their own political memorabilia collection. Can you guess which former US president George has got a special connection to - thanks to some surprising collectors items?

Don’t forget we’re doing our first Political Currency live show - we’ll be taking to the stage on Thursday 5th June 2025 at SXSW London. Want a chance to grab a FREE ticket and a pass to the WHOLE six day business conference, worth £600?! Sign up to be a Kitchen Cabinet member to hear how you can get your hands on a ticket! 

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Producer: Miriam Hall

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Video Editor: Oliver Geraghty 

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.

Meanwhile, King Charles has just been in Canada to open up the parliamentary session. An interesting piece of soft diplomacy as Prime Minister Mark Carney navigates a tense relationship with US President Donald Trump. The pair consider - with an unprecedented second state visit to the UK for Trump on the horizon and a chaotic on-again off-again US trade war underway - how should the government best handle it?

And they turn their attention to the US tech giants dominance of the UK app store. Is the Apple-Google duology stifling UK growth?

A reminder that we’re doing our first Political Currency live show - we’ll be taking to the stage on Thursday 5th June 2025 at SXSW London. Want a chance to grab a FREE ticket and a pass to the WHOLE six day business conference, worth £600?! Sign up to be a Kitchen Cabinet member to hear how you can get your hands on a ticket! 

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Producer: Miriam Hall

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Video Editor: Oliver Geraghty 

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.

They also tackle questions from across the UK and the US: how can Kemi Badenoch rebuild morale in a bruised Conservative Party? What’s the right way to pitch bold economic ideas in a divided world? And who really decides where government contracts go - ministers or mandarins?

Plus: a look back at Keynes’s legacy with HM Treasury's Mario Pisani, a tip of the hat to Mr Bates vs the Post Office, and Ed’s run-in with a very enthusiastic listener at Harvard.

And a reminder, we’re doing our first Political Currency live show - we’ll be taking to the stage on Thursday 5th June 2025 at SXSW London. Want a chance to grab a FREE ticket and a pass to the WHOLE six day business conference, worth £600?! Sign up to be a Kitchen Cabinet member to hear how you can get your hands on a ticket! 

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

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.

Meanwhile, David Lammy announced this week the suspension of trade talks with Israel, in light of the escalating violence in Gaza. Does this signal a shift in the UK-Israel relations? And will it make much difference to the crisis if it does? George isn’t so sure… 

Plus, the pair discuss the newly-minted, post-Brexit deal with the EU - did Britain make the right calls and the right concessions? And a trip down banking regulation memory lane: is it time to wind back bank ringfencing, an ongoing legacy from the Osborne era?

And a reminder, we’re doing our first Political Currency live show - we’ll be taking to the stage on Thursday 5th June 2025 at SXSW London. Want a chance to grab a FREE ticket and a pass to the WHOLE six day business conference, worth £600?! Sign up to be a Kitchen Cabinet member to hear how you can get your hands on a ticket! 

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

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.

Back in the real world, the pair debate whether cutting Employer National Insurance Contributions could help get people back into work - and whether Trump’s approach to tariffs has, unintentionally, made him a little bit green.

Plus, they reflect on their time facing PMQs in Parliament - and what was really driving their biggest moments at the despatch box.

Some exciting news from us! We’re doing our first Political Currency live show - we’ll be taking to the stage on Thursday 5th June 2025 at SXSW London. Want a chance to grab a FREE ticket and a pass to the WHOLE six day business conference, worth £600?! Sign up to be a Kitchen Cabinet member to hear how you can get your hands on a ticket! 

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

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.

Meanwhile, President Donald Trump is on a glitzy tour of the Middle East, shaking off any suggestion the gift of a plane from Qatar might be running afoul of a little thing called the US constitutional emoluments clause. What’s the foreign policy impact of this trip? 

And speaking of the president, the pair consider Trump’s tariff on film production outside the US. It’s a bid to restore the American film industry to its former glory, but at what cost? And what kind of fallout will there be in the UK’s industry?

Plus, some exciting news from us! We’re doing our first Political Currency live show - we’ll be taking to the stage on Thursday 5th June 2025 at SXSW London. Want a chance to grab a FREE ticket and a pass to the WHOLE six day business conference, worth £600?! Sign up to be a Kitchen Cabinet member to hear how you can get your hands on a ticket! 

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty 

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.

Hosted on Acast. See acast.com/privacy for more information.

The pair consider, has the press been too negative on the government’s brand new free trade deal with India? And while they’re talking about global alliances, they share their thoughts on CANZUK, a proposed alliance between Canada, Australia, New Zealand, and the UK.

Meanwhile, the newly-elected Reform UK Mayor Andrea Jenkyns asks for advice on putting Greater Lincolnshire on the map. They weigh in on how cash-strapped local councils can protect the most vulnerable. And they cast their minds back to when they last slept out in a tent…

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Danny Pape

Executive Producer: Dino Sofos 

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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It’s been an impressive week for the Labour government, with trade deals with both India and the US. Ed Balls and George Osborne consider: what does this say about the Starmer government’s ‘softly-softly’ approach to the wildly unpredictable Trump administration? Being the first in the world to ink a deal with the Americans is nothing to be sniffed at, even if it is a little light on the details – but they both agree the big prize will be a deal with the European Union.... What role will free labour movement play? And what price will Labour be willing to pay, considering the all-important need to keep voters placated on matters of immigration and the economy? 

Back home, Nigel Farage claims his Reform Party is now the official opposition of the land following a bruising local election for both the major parties. Ed and George consider how both Labour and the Tories will need to position themselves to keep their base. 

Plus, they turn to the matter of interest rates. The US Federal reserve opted to keep the base rate steady, while the Bank of England has granted borrowers something of a reprieve. What does this say about the direction of the British economy? 

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Danny Pape

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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They also mull data sources for parliamentarians. Are there rules on what’s fair game when crunching the numbers? Or can you cherry pick and choose as it suits? They turn philosophical: is there ever a point when politics and policy has totally served its purpose? 

A listener who has been using the show to work up to GCSE studies asks: What’s the best way to get across the financial aspect of politics? The pair share their tips on the best ways to build a good political and economic understanding in today’s climate.

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty

Executive Producer: Dino Sofos

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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Meanwhile, across the pond, Donald Trump has just hit 100 days in office. With stock markets reeling, 142 executive orders signed, and a trade war brewing, Ed and George ask how Keir Starmer should handle the ‘special relationship’ with a now even more unpredictable White House?

Plus, Mark Carney - the former Bank of England Governor - has just led his party to victory in Canada. A backlash to Trump, or a one-off? And what might it signal for upcoming elections in Australia and beyond?

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Producer: Miriam Hall

Senior Producer: Silvia Maresca

Video Editor: Oliver Geraghty

Executive Producer: Dino Sofos

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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In the final episode of this series, Deborah Mattinson rejoins the series to recall those final war room discussions with Gordon Brown himself and his closest advisors, discussions that end up with the election… aborted. 

Brown chooses to make this public in a blockbuster Downing Street interview with Andrew Marr, who joins us in the studio for the second half of the show to take us behind the scenes at that momentous juncture. How did he end up with the scoop, what was Gordon Brown’s demeanor in the room, and why did he decide to break the news as soon as he walked out the door of number 10? 

To listen our bonus 'The Inquiry' episode, where Ed and George reflect on this series, sign up to Political Currency Gold or our Kitchen Cabinet. Head to Apple Podcasts or www.patreon.com/PoliticalCurrency to find out more.

Producers: John Rogers and Miriam Hall

Senior Producer: Silvia Maresca

Technical Producer: Danny Pape

Executive Producers: Ellie Clifford and Dino Sofos

Political Currency is a Persephonica Production and is part of the Acast Creator Network

Hosted on Acast. See acast.com/privacy for more information.

To listen to episode 3 straight away, sign up to Political Currency Gold or our Kitchen Cabinet. Head to Apple Podcasts or www.patreon.com/PoliticalCurrency to find out more. Subscribers will also get exclusive access to 'The Inquiry' - our bonus episode where Ed and George give their reflections on the series.

EPISODE 2: Labour’s rivals had to follow the show, and shadow chancellor George Osborne had an ace up his sleeve to unveil at their own conference in Blackpool: a hugely popular cut on inheritance tax. David Cameron followed it up with his own surprise move, a ‘no-notes’ speech that was well received. Suddenly, the polls swung back, erasing the Labour lead in less than a week. Deborah Mattinson - a key pollster for Gordon Brown - continues in the studio with George and Ed to relive these tumultuous couple of weeks.

Producers: John Rogers and Miriam Hall

Senior Producer: Silvia Maresca

Technical Producer: Danny Pape

Executive Producers: Ellie Clifford and Dino Sofos

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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EPISODE 1: Gordon Brown had sat in Tony Blair’s shadow for over a decade. But suddenly, in the summer of 2007, he had his chance. As Blair stepped back, Brown stepped up - from Number 11 to Number 10 - without a single vote being cast. On the 27th June, he visited Buckingham Palace, and accepted the invitation from Queen Elizabeth II to form a government.

His first three months were somewhat chaotic. Before his first PMQs, he was dealing with terrorism attacks in London and Glasgow. An outbreak of foot and mouth disease came soon after, as did flooding across the country. And then came the runs on Northern Rock, the canary in the coal mine of the impending financial crash.

George and Ed go 'Inside The Room' with Deborah Mattinson, Gordon Brown’s chief pollster. Deborah and Ed were inside many of the same Labour war rooms together, as trusted lieutenants of the former Iron Chancellor, and they recall these positive early days of the Brown premiership. 

George, meanwhile, takes us inside the Tory camp of that era and David Cameron’s struggle to land effective blows against Brown. We also hear from Andy Coulson, the Tory head of communications during that period.

Producers: John Rogers and Miriam Hall

Senior Producer: Silvia Maresca

Technical Producer: Danny Pape

Executive Producers: Ellie Clifford and Dino Sofos

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

Hosted on Acast. See acast.com/privacy for more information.

They also discuss a big political what-if: what happens if a Prime Minister loses their seat? They've talked before about how someone can become PM without being an MP - think Mark Carney in Canada - but this week they flip the question: could one keep the top job if your constituents vote you out?

Also in the mix: is a government running out of money about to come for your pension? Would scrapping the tax-free lump sum be a smart or desperate move? And is it time to give our big cities more power - and more room to grow?

And a note, don’t miss our upcoming Inside the Room: The Election That Never Was - which is out tomorrow for subscribers and Monday for everyone else. 

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Technical Producer: Danny Pape 

Producers: Miriam Hall and Silvia Maresca

Executive Producers: Dino Sofos and 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.

Hosted on Acast. See acast.com/privacy for more information.

Sticking with Trump, Ed and George also ponder ‘patrimonalism’ – a term coined by Max Weber to describe governance by personal loyalty and kinship… Is Donald Trump the first patrimonial President of the United States? 

Josh Simons MP, a rising star in the Labour Party, asks for advice on getting government backing for a new road in his Makerfield constituency. Is he right to lobby the Housing and Transport departments, and what sort of arguments will pique the interest of the Labour leadership?

Right now, the UK has eight living former Prime Ministers. Ed and George conclude by comparing their behaviour upon leaving Number 10. Which PMs clearly can’t let go, and whose stock has risen over time? 

Technical Producer: Danny Pape 

Producers: Miriam Hall and Jarek Żaba

Executive Producer: Dino Sofos

Political Currency is a Persephonica Production and is part of the Acast Creator Network. 

Hosted on Acast. See acast.com/privacy for more information.

Become a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes and receive early access to EMQs. Or, join Political Currency’s KITCHEN CABINET to enjoy early and ad-free listening, access to live EMQs recordings, and exclusive Political Currency merch.

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They ask: are we watching in real time the US tearing at the foundations of the very system they created? And are there now the first rumblings of Republican discontent? Seems like there’s the first signs of figures in Congress and on Wall Street starting to dissent … 

Meanwhile, Keir Starmer has vowed to ‘turbocharge’ the UK economy in the face of global economic tumult. George runs through the options available to the Prime Minister… Is the answer in softening ‘ironclad’ fiscal rules, deals with India or the EU, or hoovering up scientific talent alienated from the US? 

And they turn their attention to a Harvard and Kings College London paper, co-authored by Professor Ed Balls – what can the UK learn from ‘Bidenomics’? 

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Technical Producer: Danny Pape 

Producers: Miriam Hall and Jarek Żaba

Executive Producer: Dino Sofos

Political Currency is a Persephonica Production and is part of the Acast Creator Network. 

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

Should our cultural institutions be charging more for access?

George calls upon his expertise as Chair of the British Museum to weigh it up. Meanwhile, Ed shares his own research into the economics of a bank holiday… do we really stand to lose billions if the government was to introduce another?

Toxic masculinity and online safety are in the spotlight in the wake of Netflix’s hit show Adolescence, with research indicating that young people in the UK are particularly worried about these issues. Ed and George look at the role of government in addressing their concerns, before assessing whether the humble penny should remain a staple of British life. 

And a touch of nostalgia …  a listener reminds the economic duo of the ‘Budget Rap Battle’, put together by Sky News when the pair were on opposite sides of the dispatch box. Ed expresses scepticism that such memes can make a political difference, although both agree that Nick Clegg’s I’m Sorry remix was a damaging – albeit amusing – moment in the Lib Dem leader’s career…. 

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Subscribe now: patreon.com/politicalcurrency or on Apple Podcasts: apple.co/politicalcurrency. Please note Kitchen Cabinet subscriptions are only available through Patreon.

Technical Producer: Danny Pape 

Producers: Miriam Hall and Jarek Żaba

Executive Producer: Dino Sofos

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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Back home, Keir Starmer is calling for calm and resisting a push to reciprocate, as he seeks to strike an ‘economic prosperity deal’ with the US. Is a wider security concern at play here?

And on the other side of the globe, Australians are preparing for a federal election, called by Prime Minister Anthony Albanese for May 3rd. It’s currently looking like a neck and neck contest. Peter Dutton, his Liberal Party opponent, has previously made Elon Musk-like noises, creating his very own shadow ministry for government efficiency… But at a time when Musk might be finding himself out of favour, is this a wise way for Dutton to position himself? 

Become a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes and receive early access to EMQs. Or, join Political Currency’s KITCHEN CABINET to enjoy early and ad-free listening, access to live EMQs recordings, and exclusive Political Currency merch.

Subscribe now: patreon.com/politicalcurrency or on Apple Podcasts: apple.co/politicalcurrency. Please note Kitchen Cabinet subscriptions are only available through Patreon.

Technical Producer: Danny Pape 

Producers: Miriam Hall and Jarek Żaba

Executive Producer: Dino Sofos

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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Lord Macpherson, Permanent Secretary to no less than three Chancellors, praises Rachel Reeves’ “courageous” claim of non-negotiability on her fiscal rules (which George translates as a euphemism for ‘bonkers’).

Shadow Chancellor Mel Stride is predictably critical of the Chancellor’s choices, but how much is Rachel Reeves to blame for the situation she finds herself in? 

And Ruth Curtice, Chief Executive of the Resolution Foundation and another former Treasury civil servant, sparks a conversation about how living standards will ultimately dictate Labour’s electoral chances. 

Plus, Ed and George also clash over Keir Starmer’s use of “coalition of the willing” - is this a conscious attempt to provoke American sentiment, or simply a widely used buzzphrase? 

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Technical Producer: Danny Pape 

Producers: Miriam Hall and Jarek Żaba

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.

Hosted on Acast. See acast.com/privacy for more information.

He also compares her inflexibility to fiscal rules to his own approach while Chancellor, before the pair turn their attention to the government’s own impact assessment on welfare reform. Ed explains what the findings of the report potentially means for millions of families across the country. 

And, having returned from the HSBC Global Investment Summit in Hong Kong mere hours before recording, they turn their attention to uncertainty over the global economy following the announcement of yet more tariffs from Donald Trump. They also ponder somewhat gloomy international perceptions of the UK, with Brexit and Liz Truss being consistent themes that are still raised in conversations abroad. 

Finally the US national security establishment strayed into farcical territory this week, sharing operational details of a strike on Houthi rebels in Yemen on the messaging app Signal - and accidentally including the editor of The Atlantic, Jeff Goldberg, in the conversation. George and Ed express their bemusement at this turn of events and share their own experiences in government of receiving highly classified intelligence... 

You could have been listening to this episode of EMQs early and ad-free with a Political Currency Gold subscription! And even better, you can now get even more perks by becoming a member of our KITCHEN CABINET to get access to live tickets, merch and more! 

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Technical Producer: Daniel Pape

Producer: Miriam Hall and Jarek Żaba

Executive Producers: 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.

Hosted on Acast. See acast.com/privacy for more information.

They’re also pressed on recent arguments made by Boris Johnson and Rishi Sunak that Russian assets held in European banks should be directly channelled towards the Ukrainian war effort. Is this a viable approach to funding support for Ukraine? 

And how can Mark Carney become Prime Minister of Canada without sitting as a member of Parliament? From Lord Halifax to Alec Douglas-Home, George provides an overview of historical precedent for such an occurrence in the UK whilst explaining the impracticalities of it happening today. But what is the one British government role that demands you be an MP?

Finally a question to you, our EMQ listeners – what are your favourite hobbies and pastimes to do whilst listening to the podcast? And can you beat this week’s question-asker?

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Technical Producer: Danny Pape 

Producers: Miriam Hall and Jarek Żaba

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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In a week where Diane Abbott and Andy Burnham backed Ed’s criticisms of the government’s welfare reform, Liz Kendall has been in the Commons to announce further detail of Labour’s plan. And they reflect on what options Chancellor Rachel Reeves will have in her Spring Statement (or mini-budget) next week. Can she create a reset moment?

Plus, in London this week was the new Canadian Prime Minister Mark Carney. With rumours swirling about an imminent Canadian election, George and Ed debate the merits of calling a vote early into your premiership, reminiscing about the examples of Gordon Brown’s ‘the election that never was’ and Theresa May’s disastrous loss of a majority in 2017. 

You could have been listening to this episode of EMQs early and ad-free with a Political Currency Gold subscription! And not only that… you could have been in the room asking a question as a member of Political Currency’s KITCHEN CABINET, along with early and ad-free listening, and exclusive Political Currency merch

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Technical Producer: Daniel Pape

Producer: Miriam Hall and Jarek Żaba

Executive Producers: 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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They also consider if Nigel Farage will come to regret his close alignment with Donald Trump. Could the electorate turn against him if Trump continues on his rampage of tariffs and military aid halts against Ukraine? Speaking of, why has it taken three years for Europe to come together to back Ukraine against Russian aggression physically, as well as financially?

And they turn to the all-important issue of golf, spilling the tee (get it?) on their ideal political partner for a four-hour round on a golf course. Which political golfing invite made David Cameron deeply nervous?

You could have been listening to this episode of EMQs early and ad-free with a Political Currency Gold subscription! And not only that… you could have been in the room asking a question as a member of Political Currency’s KITCHEN CABINET, along with early and ad-free listening, and exclusive Political Currency merch

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Technical Producer: Oliver Geraghty

Producer: Miriam Hall and Rosie Stopher

Executive Producers: 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.

Hosted on Acast. See acast.com/privacy for more information.