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Political Currency

Political Currency

By: Persephonica
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Ed Balls and George Osborne take us behind closed doors into the rooms where decisions are made. Having battled it out across the despatch box, the former Chancellor and shadow chancellor now meet in the studio to discuss the decisions that affect the nation’s pockets. Our frenemies have the knowledge and experience to explain how good politics follows the economics - and expose how the powerful become powerless when faced with market forces and political currents they can’t control. Join us every Thursday.


Send your messages or voice notes to questions@politicalcurrency.co.uk


Find us on social media @polcurrency


Political Currency is a Persephonica production.

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

Persephonica
Political Science Politics & Government
Episodes
  • Is Reform unravelling?
    Jul 9 2026

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


    While some see Farage as future PM, the next man set to lead the country remains Andy Burnham. With nominations opening for Labour leader today, and no other candidate in the race, it’s all set to be a coronation. But is this a good thing? George’s Labour sources have all voiced anxieties about the lack of scrutiny on Burnham, while Ed counters that a heated contest could have boxed in the next Labour leader.


    And finally, Ed explains his latest Harvard-Kings paper on regional growth, which details where Keir Starmer and Rachel Reeves went wrong and how Andy Burnham can move the country forwards. Last night, he was at a talk discussing the paper with Michael Gove and Angela Rayner, and the former Tory MP made a surprising endorsement for the ex-deputy PM…


    We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles:


    👉 X

    👉 Instagram

    👉 TikTok


    Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:


    👉 patreon.com/politicalcurrency

    👉 Apple Podcasts


    Please note: Kitchen Cabinet is only available via Patreon.


    Credits:


    Research: Sam Burton

    Production: Caillin McDaid

    Video Editor: Louis Norris

    Executive Producer: Henrietta Harrison


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

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

    Show More Show Less
    1 hr and 6 mins
  • The two major challenges facing Andy Burnham
    Jul 2 2026

    Andy Burnham is now prime minister-in-waiting and is laying out his vision for Britain. On Monday he outlined his approach to the economy, but is his vision any different to Keir Starmer’s? Ed Balls and George Osborne worry the speech lacks a theory of change, and sets him up for the same troubles Starmer faced. George puts forward the two key challenges Burnham will face: defence and communication. Starmer’s Defence Investment Plan leaves a £5bn gap and stray briefings are confusing Burnham’s messaging. If he can’t get on top of these, is he destined to fail as Starmer has?


    The primary policy laid out in Burnham’s speech was a No. 10 in the North, based in Manchester. But this plan comes with risks. Ed worries this could lead to increased divisions between No. 10 and the Treasury, which will kneecap the government’s agenda. George feels these changes are too radical mid-Parliament, and distract from policy.


    And finally, this Saturday marks the 250th anniversary of U.S. independence and, to mark this historic milestone, Ed and George reflect on the country’s history. They look at the founding fathers, their own relationship with the country, and what future relations will look like with the UK under Burnham.


    We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question or send a question to our social media handles:


    👉 X

    👉 Instagram

    👉 TikTok


    Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:


    👉 patreon.com/politicalcurrency

    👉 Apple Podcasts


    Please note: Kitchen Cabinet is only available via Patreon.


    Credits:


    Research: Sam Burton

    Production: Caillin McDaid & Nasreen Arain

    Video Editor: Louis Norris

    Executive Producer: Ellie Clifford & Henrietta Harrison


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

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

    Show More Show Less
    1 hr and 3 mins
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All stars
Most relevant
Truly insightful - keep up the good work! Especially enjoy the deep dive into the formation of the coalition. More please.

1st class

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I'm really excited to hear more of your podcasts. it's so interesting to hear your stories from your time in politics and your take on current events. Looking forward to next week's.

really enjoying the podcast

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The best political podcast by far! You both have the ability to make important political news really easy to understand and add a bit of fun too! Great!

Really informative and enjoyable

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