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Political Currency
How’s Britain and George Osborne, 10 years on from Brexit?
Keir Starmer’s legacy is on the line, no matter who wins in Makerfield. A flurry of announcements from social media bans to the defence strategy have seen the PM attempt to recentre himself in the narrative as his greatest rival comes closer and closer to re-entering Westminster. This week, Ed Balls and George Osborne delve into what it means for Labour, whether Wes Streeting is still a contender, and if ‘last chance saloon’ legacy building ever works.
No matter who the PM is later this year one thing is certain: the fallout of Iran. Positive or negative the worldwide economy has been affected by the war, and with Trump signing a peace deal we may start to see what the true impact will be long term.
Finally, the 10th anniversary of the Brexit vote is on Tuesday and after turning down the Today Programme, Newsnight, and Channel 4, George gives us his verdict on the Brexit legacy. Is Britain poorer, weaker and less influential outside the EU, as George argues, or was Brexit ultimately inevitable, as Ed suggests? And have George’s personal relationships recovered?
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Credits:
Research: Sam Burton
Production: Caillin McDaid & Nasreen Arain
Video Editor: Sam Gruet
Executive Producer: Ellie Clifford & Henrietta Harrison
Political Currency is a Persephonica Production and is part of the Acast Creator Network.
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296. HOT TAKE: Starmer resigns, what comes next?
27:44||Season 1, Ep. 296After Keir Starmer delivered his resignation speech this morning, Ed Balls and George Osborne reflect on what comes next for the government, for the country, and for the outgoing Prime Minister. Was Starmer’s ‘clinical’ address a sign of a weak legacy and further inability to communicate his successes? The pair argue the performance was lacking in both emotion, and in recognition for the work of his cabinet colleagues.Plus, as Wes Streeting backs down and a coronation of Andy Burnham seems imminent, will any other Labour MPs dare to stand against the King of the North? Or will they now start trying to book a spot at the next Cabinet table instead? Ed suggests an outsider candidate could launch a pre-contest to have their moment in the limelight and give Burnham some scrutiny. Meanwhile, George speaks of the need for Andy Burnham to nail down a plan for the government and get ahead of the tide of public opinion.Lastly, they discuss where this leaves the Labour government two years on from its landslide majority. Has Starmer fallen into the same trap as previous governments of not sticking to a clear plan, as George says? And, as Ed theorises, is the Starmer legacy now tied to the performance of a future Burnham government?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👉 TikTokThanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Research: Sam BurtonProduction: Caillin McDaidVideo Editor: Oliver GeraghtyExecutive Producer: Ellie Clifford & Henrietta HarrisonPolitical Currency is a Persephonica Production and is part of the Acast Creator Network.
295. EMQs: Keir Starmer’s problem with ministers
46:41||Season 1, Ep. 295Al Carns revealed in the wake of his resignation he only met Keir Starmer in an official capacity once. On this week’s EMQs, Ed Balls and George Osborne break down how unusual this is for a PM and why it may explain the problem at the heart of the Starmer operation. Baroness Jan Royall, Chair of the Jo Cox Foundation asks what lessons have been learned in the decade since her tragic murder and what more needs to be done to protect MPs.The pair then tackle the big political debate: is ‘white van man’ always right? Ed recalls a near disaster for the treasury with ‘white man van’, while George offers politicians advice on how to balance their personal views with meeting the public where they are.Ed and George also answer ‘Emily’s’ question on free childcare benefits and whether it should be stopped completely when you earn over £100,000. Ed and George bring their experience to the question and discuss the pros and cons of benefits tapering rather than ending on a salary cliff edge. Plus a Canadian listener hits back at George’s recent derogatory comments on Ottawa and asks George and Ed for their predictions if significant election results had gone another way. Don’t forget if you’re a Kitchen Cabinet member and want to win a chance to see Centrist Dad live at the Water Rats on the 2nd July make sure to send in an EMQ to questions@politicalcurrency.co.uk with the subject ‘CENTRIST DAD’.If you have any other burning questions send them to questions@politicalcurrency.co.uk and make sure to include a voice note of your question or send a question to our social media handles:👉 X👉 Instagram👉 TikTokThanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Research: Sam BurtonProduction: Caillin McDaid & Nasreen ArainVideo Editor: Sam GruetExecutive Producer: Ellie Clifford & Henrietta HarrisonPolitical Currency is a Persephonica Production and is part of the Acast Creator Network.
293. EMQs: Will new laws protect children online?
39:10||Season 1, Ep. 293How effective will new UK laws be at protecting children online? Ed Balls and George Osborne hear a question from Natalie Fleet, the Minister for Safeguarding and Violence Against Women and Girls. They discuss the technology that can help, the importance of legislation keeping pace with risks, and the legal decision that made social media platforms more likely to host misleading content.Plus, why is the government now prioritising inflation over low unemployment? Is it possible to tackle them both at the same time? And what could a future Prime Minister do towards this? Ed and George assess the history and economics behind it.They also discuss the importance of historical education as a politician and an economist. Ed talks about the importance of learning from mistakes of the past, and George recalls how two paintings in No 11 Downing Street paid tribute to an influential 1925 dinner between then-Chancellor Winston Churchill and economist John Maynard Keynes.And finally, how do Ed and George feel about comedians rarely impersonating them? The pair show off their own impressions of William Hague, Gordon Brown, and Peter Mandelson.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👉 TikTokThanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Research: Sam BurtonProduction: Caillin McDaid & Nasreen ArainVideo Editor: Oliver GeraghtyExecutive Producer: Ellie Clifford & Henrietta HarrisonPolitical Currency is a Persephonica Production and is part of the Acast Creator Network.
292. Is it the final blow for Starmer as Healey resigns?
01:15:48||Season 1, Ep. 292The shock resignation of defence secretary John Healey has prompted an emergency input from Ed Balls and George Osborne for this week’s episode. They react to why he went, what it means for the government and how defence spending will become a bigger crunch point than it was already.In one week’s time voting will open for the by-election of the century. Will Andy Burnham return to Parliament and enter Downing Street? If he does, how can he learn from not just the mistakes of Keir Starmer but previous PMs who entered mid-government. The pair examine the challenges facing the King of the North, and lay out what he must do immediately to right the ship. They then turn their focus to Burnham’s biggest challenge: the economy. He says Manchesterism is the answer, but what is it? Does it work? And if it does, can it be effectively applied to the whole country? Finally, with the World Cup kicking off tonight the pair take some time to look at the interplay of politics and football. Is this the most politically charged World Cup ever? What can be expected from Donald Trump, who has a testy relationship with co-hosts Canada and Mexico? What will be the impact of Iran’s participation?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👉 TikTokThanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Research: Sam BurtonProduction: Caillin McDaid & Nasreen ArainVideo Editor: Oliver GeraghtyExecutive Producer: Ellie Clifford & Henrietta HarrisonPolitical Currency is a Persephonica Production and is part of the Acast Creator Network.
291. EMQs: The best place to be an MP if you're a lover of rhubarb
49:30||Season 1, Ep. 291In this week’s EMQs George Osborne and Ed Balls take on a question from Jeremy Hunt who asks if chancellors are under pressure to push through new reform as soon as they are in office. Ed and George bring their experience to the query. Following the Pope’s letter on the topic of AI, one listener asks for Ed and George’s reaction to the papal intervention. In the Pope’s encyclical, he asks if AI is a force for good or bad. George and Ed applaud Pope Leo’s early engagement into the topic and, like the Pope, think human dignity needs to be at the heart of all new technological advancements. MP, Minister and mountain rescue volunteer Josh MacAlister asks a question that takes George back to his constituency in Tatton and prompts Ed to share his knowledge and his appreciation for rhubarb. Also a query from Australia triggers a debate on politicians shaping policy to benefit their loved one. Plus there’s confirmation of what’s NOT going to be on the setlist at the upcoming Centrist Dad’s gig at the Water Rats in London.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👉 TikTokThanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Research: Sam BurtonProduction: Sarah Beaumont & Nasreen ArainVideo Editor: Sam GruetExecutive Producer: Ellie Clifford & Henrietta HarrisonPolitical Currency is a Persephonica Production and is part of the Acast Creator Network.
290. Did Farage go too far or score political points this week?
01:05:55||Season 1, Ep. 290British politics has been dominated this week by the horrifying murder of student Henry Novak and the political storm that followed the release of police bodycam footage. Ed Balls and George Osborne examine the tragedy, the questions it raises around “two-tier policing” and the political firestorm it has ignited. The pair analyse the contrasting responses from Nigel Farage, Keir Starmer and Kemi Badenoch. Has Farage gone too far in his ‘emergency address to the nation’ in which he called for “cold rage”. Is this the path for someone who wants to be PM or a return to the political margins? And while Badenoch has found her strongest footing on such cultural issues, can the Conservatives afford to focus on them when the economy remains the central battleground?They then turn to the Makerfield by-election, where Andy Burnham is navigating a local contest and a national movement. As questions grow about his leadership ambitions, can he campaign as both constituency candidate and potential prime minister? And what do the latest Mandelson files reveal about the state of Labour's government and the pressure building on Starmer?Finally, Ed and George take a brief look at Germany where Chancellor Friedrich Merz is struggling in the polls just a year into office. With a popular regional leader already being discussed as a successor, are there lessons for Britain from Berlin's political troubles?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👉 TikTokThanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Research: Sam BurtonProduction: Sarah Beaumont & Nasreen ArainVideo Editor: Sam GruetExecutive Producer: Ellie Clifford & Henrietta HarrisonPolitical Currency is a Persephonica Production and is part of the Acast Creator Network.
289. EMQs: Is Makerfield the UK’s presidential election?
45:14||Season 1, Ep. 289Was George Osborne about to abandon David Cameron in the 2005 Tory leadership race? That’s the first question on this week’s EMQs, where George recounts the mistakes made by the David Davis campaign that allowed Cameron to ascend. Ed Balls shares similar mistakes of David Miliband’s 2010 campaign, and the pair offer their own advice to all backbench MPs assessing the current Labour leadership contest.Then they turn to the man who may win said contest: Andy Burnham. They ponder if Makerfield is the closest thing the UK has seen to a presidential election, with the voters knowing they may well elect our next PM.From one political giant to another they then debate why the £5M donation to Nigel Farage hasn’t blown up, and how he could end up on the path of Boris Johnson should this go poorly for him.Finally, George unveils an underdiscussed power of the chancellor that could see the government expel any of their political rivals. They also get into religion and culture…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👉 TikTokThanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Research: Sam BurtonProduction: Caillin McDaid & Nasreen ArainVideo Editor: Avi AsherExecutive Producer: Ellie Clifford & Henrietta HarrisonPolitical Currency is a Persephonica Production and is part of the Acast Creator Network.
288. Is Tony Blair the Logan Roy of Britain?
01:19:31||Season 1, Ep. 288The battle for Makerfield is on, so this week Ed Balls and George Osborne dig into this consequential by-election’s frontrunners. Andy Burnham is radical in tone, but are his policies more conservative when you dig in? Reform’s Robert Kenyon has lost his shine as sexist and remain leaning views have been dug up but a spokesperson for the party said they "fully back" him and added that the "comments were made before he was in politics". The fringe right party Restore has picked up momentum, will this damage Nigel Farage’s grip on the right of British politics?Tony Blair’s scathing essay on the state of British politics has ignited a new debate in the Labour leadership dilemma, but is this the argument for the moment? Ed agrees with the diagnosis, but thinks Blair is stuck in 2006 and not meeting the moment for 2026. George argues the case for Blair, citing the inability of governments to tackle the major issues he highlights.Finally, the pair zero in on one issue that may define a Burnham premiership: social care. As health secretary Burnham tried to forge a national care service, but 16 years on no progress has been made in this area. Why are successive governments stunted on this? Are unwanted tax rises the only solution? Could this be the issue that undoes the King of the North should he make it to Downing Street?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👉 TikTokThanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Credits:Research: Sam BurtonProduction: Caillin McDaid & Nasreen ArainVideo Editor: Avi AsherExecutive Producer: Ellie Clifford & Henrietta HarrisonPolitical Currency is a Persephonica Production and is part of the Acast Creator Network.