Political Currency

• Will the welfare rebellion be the end of Starmer?

  Daddy’s back in the (White) House! Ed Balls and George Osborne go over the major event of the week - starting with the NATO meeting in The Hague. Allies have agreed to up defence spending to 5 percent, but that’s not what’s grabbing the headlines. More attention has been on new Secretary General Mark Rutte referring to Donald Trump as “Daddy.” The pair consider what’s really at play here, and what Trump’s return to the world stage could mean for the UK.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?To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Producer: Miriam HallSenior Producer: Silvia MarescaVideo Editor: Oliver Geraghty Executive Producer: Ellie CliffordPolitical 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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• EMQs: Is politics worth the family sacrifice?

  What happens when politics clashes with family life? Ed Balls and George Osborne take on big questions this week, starting with Michael Gove’s ex-wife, Sarah Vine, who asks whether David Cameron should have stayed on after Brexit. Her daughter Beatrice wants to know if Ed and George would still choose a political career, given its toll on family and friends.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.To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet: 👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via PatreonProducer: Miriam HallSenior Producer: Silvia MarescaVideo Editor: Oliver Geraghty Executive Producer: Ellie CliffordPolitical 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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• How far will Trump go on Iran and what could it mean for Britain?

  Donald Trump is keeping everyone guessing on Iran. After Israel’s surprise strike and Tehran’s retaliation, George Osborne brings fresh insight from Washington on how far Trump might really go - and what it means for Britain if he does. Ed Balls asks whether Starmer’s government could say no if the US wants to use British bases for strikes, and the pair unpack the real choices facing UK leaders caught between an unpredictable White House and deepening conflict in the Middle East.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?To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet: 👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Producer: Miriam HallSenior Producer: Silvia MarescaVideo Editor: Oliver Geraghty Executive Producer: Ellie CliffordPolitical 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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• EMQs: Could PMQs save America?

  Could a weekly grilling like Prime Minister’s Questions fix US politics? In the wake of Original Sin - Jake Tapper and Alex Thompson’s damning account of Joe Biden’s final days in office - Ed Balls and George Osborne ask whether a PMQs-style showdown could bring more accountability to American democracy. And are there any American political customs they’d import to the UK in return?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.To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet: 👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via PatreonProducer: Miriam HallSenior Producer: Silvia MarescaVideo Editor: Danny Pape Executive Producer: Ellie CliffordPolitical 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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• Reeves's Spending Review ‘gamble’: continuity or change for Labour?

  Rachel Reeves has finally delivered her much-anticipated Spending Review, but has it done anything to shift Labour’s story? George Osborne calls it “continuity Sunak,” arguing that the big spending pledges are less a break from the past and more a continuation of Boris Johnson and Rishi Sunak’s economic path. Ed Balls says Reeves is taking ‘a real gamble’ without ‘any insurance’, boxing herself in with big promises, uncertain growth, and no room to manoeuvre.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.To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet: 👉 patreon.com/politicalcurrency👉 Apple PodcastsPlease note: Kitchen Cabinet is only available via Patreon.Producer: Miriam HallSenior Producer: Silvia MarescaVideo Editor: Danny Pape Executive Producer: Ellie CliffordPolitical 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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