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Political Currency

Political Currency

By: Persephonica
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About this listen

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
  • EMQs: Will the AI bubble burst?
    Mar 2 2026

    On the heels of the AI Impact Summit, former advisor to Nick Clegg and author Verity Harding asks how Ed Balls and George Osborne’s experiences of the dot com bubble and rise of social media can inform the current government’s approach to AI. They also discuss whether AI is heading for its own Dot Com crash.


    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:


    👉 patreon.com/politicalcurrency

    👉 Apple Podcasts


    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.

    Show More Show Less
    34 mins
  • The existential threats facing Keir Starmer
    Feb 26 2026

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

    Show More Show Less
    59 mins
  • EMQs: Is it time for another referendum?
    Feb 23 2026

    Should a government hold a referendum on tax? A civil servant messages in to pose this idea to Ed Balls and George Osborne on this week’s EMQs. The two debate the merits of holding any referendum, reminisce on how easily they become about more than their central question, and ponder whether tax policy is suited to the form of a referendum.


    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:


    👉 patreon.com/politicalcurrency

    👉 Apple Podcasts


    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.

    Show More Show Less
    34 mins
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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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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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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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