Money saving expert Martin Lewis sends in a question for Ed Balls and George Osborne this week, all about the tiny fixes. He tasks the pair with contributing to his new Small Ideas Initiative, proposing their own solutions to the most annoying problems in Britain. Ed goes for football tickets, while George hits on driving tests. They then turn to a former FT colleague of Ed’s, who asks whether the
12 Oct 2026 · 42 minEd 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 [email protected] Find us on social media @polcurrency Political Currency is a Persephonica production. Hosted on Acast. See acast.com/privacy for more information.
Latest episodes
Party conference season is over, and it went out with a bang. The Greens have been engulfed by controversy over Zionism, and the Tories have been repositioning as the leading party on the right. Ed Balls and George Osborne delve into what the troubles for the Greens means for Labour, who now couldn’t do a deal in the event of a hung parliament. George argues the Greens are now diminished post-Star
8 Oct 2026 · 1 h 9 minA questioner from Instagram takes Ed Balls and George Osborne back 20 years in this week’s EMQs, reminiscing on fringe events at party conferences that drew no audience. They reflect on how to handle hosting a sparsely attended event, and the awkwardness George got into when asked a question about his childhood. Natalie Livingstone, author of the new book The Nuremberg Women, then asks how we can
5 Oct 2026 · 39 minThe dust has settled on Andy Burnham’s conference speech, and the verdict is positive. However, there are lingering questions. Ed Balls and George Osborne, fresh off their Hot Take, set out to answer the most pressing ones. Is the PM moving too early on the triple lock? Has the National Care Service been thought through? Should he be taking inspiration from George on Brexit? Does all of this play
1 Oct 2026 · 1 h 6 minAndy Burnham’s first Labour conference speech was pitched as a break from your standard conference speech, but did it deliver? Ed Balls and George Osborne went live earlier this afternoon to give their verdict on the speech. How will reform of the triple lock work? Has he sewn up a coalition with the Lib Dems? Is his social care plan too ambitious? All of this and more is answered on this Hot Take
29 Sep 2026 · 35 minIn a star studded edition of EMQs, Sky News political editor, and rival podcaster, Beth Rigby asks Ed Balls and George Osborne for their biggest party conference cock-ups over the years. George takes us behind the scenes and back to 2007 to a moment that could have ended his and David Cameron’s careers, while Ed recounts the moment that changed British political history. Labour’s party Chair, Brid
28 Sep 2026 · 48 minAndy Burnham has finally met Donald Trump, and George Osborne concludes it went as well as it possibly could. He and Ed Balls delve into the two leaders’ meeting in New York this week, and just how Britain navigates the rising tensions around AI in the wake of Australia’s health data breach. George also proposes Trump’s meeting with President Xi could be the start of a global consensus forming on
24 Sep 2026 · 1 h 7 minHow do you unite leaders to come together and work for a common goal? Tom Fletcher, who works for the UN on Humanitarian Affairs and Emergency Relief, asks this very question to Ed Balls and George Osborne on this week’s EMQs. As part of the Be Hope podcast takeover, Tom asks the pair how to make a global philanthropic message land in a divided, economically challenged world. Off the back of Ed’s
21 Sep 2026 · 37 minThe budget crunch is on for Andy Burnham’s new government, with Ed Balls and George Osborne warning that the economic outlook has got much worse from when the new PM entered No. 10. The Fed raising interest rates, and the Bank of England likely to follow this autumn, create a stark picture for Burnham and John Healey. George reports a lack of confidence internationally, and wonders if the honeymoo
17 Sep 2026 · 1 h 7 minVeteran journalist John Sweeney starts this week’s EMQs asking Ed Balls and George Osborne why Farage falls out with all his mates. From Rupert Lowe right back to his Ukip days, the Clacton MP has a long list of former friends turned bitter enemies. Is this part of the grit needed to be a successful politician? Or are Farage’s interpersonal challenges stopping him from reaching No. 10? Labour MP J
14 Sep 2026 · 38 minForeign affairs took centre stage in British politics this week, with Andy Burnham finally showing where he stands. Ed Balls and George Osborne examine the shake-up in rhetoric to Israel/Gaza, but suggest the policy was already planned by the Starmer government. George wonders whether Ed Miliband’s tone was too populist, and whether this was all a play for uniting the left vote. Elsewhere, they ex
10 Sep 2026 · 1 h 5 minOff the back of our preview of the Bayeux Tapestry, The Rest is History’s own Tom Holland asks Ed Balls and George Osborne about another significant English date: 926. The show is broadcast from inside the British Museum and Tom asks whether we should celebrate this date, commonly thought to be the beginning of England as we know it, and if so how? Two listeners also ask about education; one asks
7 Sep 2026 · 45 minIn this week’s episode, George Osborne and Ed Balls broadcast from the magnificent Bayeux Tapestry exhibition at the British Museum - the only podcast allowed in the space. Joined by curator Michael Lewis, they discuss the dramatic diplomacy that saw the delicate masterpiece travel from France to Britain, the real story this 70 metre long tapestry tells and the parallels with politics today. They
3 Sep 2026 · 57 minIn this policy focused edition of EMQs, Ed Balls and George Osborne are thinking about the big ideas to help solve Britain’s big issues. They first consider whether steps should be taken to offer tax incentives for having children, as countries like Hungary have done. Ed and George explain why this is an ineffective measure, but an important debate governments must get on top of sooner rather than
31 Aug 2026 · 30 minIn our final special summer interview, George Osborne sits down with Amol Rajan as he leaves the Today Programme for a new venture. Amol gives George the scoop on his latest endeavour on YouTube and how he sees the media landscape shifting from his old stomping grounds of newspapers, radio, and television. They reflect over his career, touching on rumours of feuds among the Today Programme hosts,
27 Aug 2026 · 55 minFor our third summer EMQs we’re returning to our What Ifs. Ed Balls and George Osborne first consider how Britain would change had they never entered politics? Would the Bank of England become independent? Would there be a Manchester mayoralty? Or, would it have had no impact? What if George got the US Ambassador gig over Peter Mandelson? The pair consider how George would approach the job differe
24 Aug 2026 · 41 minThe third of our exclusive summer interviews sees Ed Balls sit down with the former Chief of Staff for No. 10 Sue Gray. In her first major interview since her dramatic split from Keir Starmer’s team, she details the lead up to entering Downing Street and just where things went wrong. Gray explains how she tried to prepare Starmer’s team for government in 2023, where things went wrong at the beginn
20 Aug 2026 · 58 minThis week’s themed EMQs is all about America. Ed Balls and George Osborne reflect on their memories of the US from the Founding Fathers right through to Trump. They first consider whether the MAGA worldview is baked into American politics, particularly on an international level, and will affect things like NATO for decades to come. Amol Rajan, from the Today Programme, then poses an idea for Andy
17 Aug 2026 · 31 minOur second summer interview sees George Osborne sit down with the new Health Secretary and one of Labour’s most experienced ministers, Yvette Cooper. She was the first minister to take maternity leave and is of course George’s podcasting partner’s other half. They talk about her nearly 30 years as an MP, how politics has changed and what it was like being in cabinet with her husband Ed Balls. They
13 Aug 2026 · 58 minIn this media themed episode of EMQs, Ed Balls and George Osborne dip into the archive of questions from the past year to put all things media and politics into the spotlight. Fellow podcasters Jane Garvey and Fi Glover send in a question to find out why there are no interviewers quite like Brian Walden anymore, and whether biographies assisted by AI should be labelled as such in future. Ed and Ge
10 Aug 2026 · 38 min