Will Rachel Reeves be forced into an emergency budget?

This week George Osborne and Ed Balls are taking questions in person, with a select few Kitchen Cabinet members joining the first ever live audience recording of the show. Is Fredreich Merz right to worry that the European Union will face a financial crisis thanks to government debt? Is AI data management the way forward for driving significant savings in both welfare and healthcare? And is Trumpian rhetoric having an adverse effect on centre-right campaigning? Plus, they turn their minds to an area of true expertise: how to manage life after a career in politics. How do you keep bitterness at bay and forge a new, meaningful career? Is a comparison to a retired top-level footballer too much? George doesn’t think so… You could have been listening to this episode of EMQs early and ad-free with a Political Currency Gold subscription! And not only that… you could have been in the room asking a question as a member of Political Currency’s KITCHEN CABINET, along with early and ad-free listening, and exclusive Political Currency merchSubscribe now: patreon.com/politicalcurrency or on Apple Podcasts: apple.co/politicalcurrency. Please note Kitchen Cabinet subscriptions are only available through Patreon.Technical Producer: Danny PapeProducer: Miriam Hall and Rosie StopherExecutive Producers: 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. Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.

It’s been a week of political whiplash, including that infamous explosive meeting in the Oval office and renewed commitment from European leaders to back Ukraine. George Osborne and Ed Balls consider who - if anyone - has fared well in this wild week. Is Trump himself as the deft negotiator he claims to be?And with a rush to bolster arms on this side of the Atlantic, what is the fallout for Rachel Reeves? As the Spring Statement approaches, what choices does she have to limit the damage that may or may not be forecast by the OBR? And doesn’t this all feel just a little bit like one of those second annual fiscal events she swore she wouldn’t hold?Finally, Ed and George turn to the outcry around the government’s artificial Intelligence and copyright consultation, from artists including Annie Lennox, Damon Abarn and Kate Bush. Is there a way for this government to balance championing and regulating big tech? Subscribe now: patreon.com/politicalcurrency or on Apple Podcasts: apple.co/politicalcurrency. Please note Kitchen Cabinet subscriptions are only available through Patreon.Producers: Miriam Hall and Rosie StopherTechnical Producer: Danny PapeExecutive Producer: Ellie CliffordPolitical Currency is a Persephonica Production and is part of the Acast Creator Network. Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.

This week, Conservative peer Baroness Gabby Bertin asks for advice on how to keep a government report from sinking without a trace. Her review - released on Thursday - calls for a ban on degrading and misogynistic pornography. George Osborne and Ed Balls provide their views on how to make sure the findings reach the right people and make an impact.Speaking of influence and power, host of Politico’s Westminster Insider podcast Sascha O’Sullivan has a question regarding the relationship between the Prime Minister and Chancellor. How does that personal interplay between the two impact the reach of the Treasury? They consider Keir Starmer’s surprise defence spending announcement, by way of example. Lord Evans of Rainow has an apology for Ed that sparks a question about the future of heckling and sledging in parliamentary questions. Is it getting tougher in modern politics? Or easing off?And they cast their minds back to A-Level politics. What 1980s sixth form learnings did George draw on in his political career? Why did Ed elect to skip the course altogether? And what would they include if they were teaching the course today? This episode is brought to you by British Airways. British Airways will take care of you over a lifetime of journeys. Book your next flight at britishairways.com You could have been listening to this episode of EMQs early and ad-free! And not only that… join Political Currency’s KITCHEN CABINET to enjoy early and ad-free listening, access to live EMQs recordings, and exclusive Political Currency merch.Subscribe now: patreon.com/politicalcurrency or on Apple Podcasts: apple.co/politicalcurrency. Please note Kitchen Cabinet subscriptions are only available through Patreon.Technical Producer: Danny PapeProducer: Miriam Hall and Rosie StopherExecutive Producers: 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. Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.

As Keir Starmer meets with Donald Trump for the first time since the latter’s re-election, international order appears to be fragmenting around us. George Osborne and Ed Balls ask, are European leaders having to face up to a painful truth that their security is now at the whim of Trump’s? Could other countries even come close to providing the kinds of military forcepower the Americans can provide?All the same, Starmer made a big splash this week ahead of his momentous trip to the White House by announcing increased defence spending - and a slashing of the aid budget. The pair consider how this massive strategic shift will recast Britain’s role on the world stage. And what does it say about Starmer’s grip on his Cabinet? Plus, pure podcast gold as George and Ed take a look at the latest Elon Musk amplified conspiracy: that the US’s reserves in Fort Knox might be missing. Why is gold of such political and economic importance, and how do the optics of Musk and Trump's pronouncements remind us of Gordon Brown's sale of reserves - or even the ‘Pasty Tax’? This episode is brought to you by British Airways. British Airways will take care of you over a lifetime of journeys. Book your next flight at britishairways.com Become a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes and receive early access to EMQs. Or, join Political Currency’s KITCHEN CABINET to enjoy early and ad-free listening, access to live EMQs recordings, and exclusive Political Currency merch.Producers: Jarek Zaba, Miriam Hall and Rosie StopherTechnical Producer: Danny PapeExecutive Producer: Ellie CliffordPolitical Currency is a Persephonica Production and is part of the Acast Creator Network. Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.

Ex-ministers Ed Balls and George Osborne reflect on the moments in their political careers when they went against the whip. What are the consequences of going against the party grain, and is it worth it? Simon Hart, former Chief Whip under Rishi Sunak, sends us a voice note to ask… And on the subject of political maneuvering and backroom deals – and with rumours swirling No 10 is planning a Spring rejig – what’s it like when there’s a cabinet reshuffle? The pair reflect on the political brutality that comes into play when there’s a shakeup. You’d be surprised who is actually first to know when there’s a change in the air … They also turn their attention to foreign aid in this era of nationalism and tight budgets. At the request of Tom Fletcher, of the UN, they consider the case for sending money abroad. Plus, Labour MP Whitehaven and Workington Josh MacAlister asks for advice on how to make big, successful decisions on things like building nuclear power stations. This episode is brought to you by British Airways. British Airways will take care of you over a lifetime of journeys. Book your next flight at britishairways.com You could have been listening to this episode of EMQs early and ad-free! And not only that… join Political Currency’s KITCHEN CABINET to enjoy early and ad-free listening, access to live EMQs recordings, and exclusive Political Currency merch.Subscribe now: patreon.com/politicalcurrencyTechnical Producer: Danny PapeProducer: Rosie Stopher and Miriam Hall Executive Producers: 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. Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.

Donald Trump and his Vice President JD Vance have set the cat amongst the pigeons as they criticise Europe and Ukraine this week. Ed Balls and George Osborne look back on a week that turned the world upside down. How do NATO members respond to perhaps the most unpredictable world leader ever known?Keir Starmer is just one world leader considering his next steps in Trumpworld. Is his vision for Britain as a bridge between the EU and the US working? And if he’s to follow through on his pledge of British troops in Ukraine, how on earth is he going to pay for it?And, perhaps the only country seeing a buck in the trend of Trump-style right-wing leanings, Canada is heading towards a federal election - and former Governer of the Bank of England, Mark Carney’s decision to run has shaken things up. Ed and George take stock of their friend’s campaign. This episode is brought to you by British Airways. British Airways will take care of you over a lifetime of journeys. Book your next flight at britishairways.comBecome a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes and receive early access to EMQs. Or, join Political Currency’s KITCHEN CABINET to enjoy early and ad-free listening, access to live EMQs recordings, and exclusive Political Currency merch.Subscribe now: patreon.com/politicalcurrency or on Apple Podcasts: apple.co/politicalcurrency. Please note Kitchen Cabinet subscriptions are only available through Patreon.Producers: Miriam Hall and Rosie StopherTechnical Producer: Danny PapeExecutive Producer: Ellie CliffordPolitical Currency is a Persephonica Production and is part of the Acast Creator Network. Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.

With Valentine’s Day just gone, podcast soulmates Ed Balls and George Osborne are turning to questions of both hearts and minds this week. As Keir Starmer recently became the first sitting Prime Minister to take a public HIV test, Richard Angell, the Chief Executive of Terrence Higgins Trust asks: Did Ed and George ever take a similar step while in leadership?They also consider whether UK politics could ever drop the inevitable personal attacks that are rolled out during an election campaign. And speaking of, was Ed Miliband dealt a bad hand in the 2015 election, or was the infamous bacon sandwich incident fair game? And, are the “gotcha” moments of politics and journalism a thing of the past? They look back on some memorable deer-in-the-headlights moments while doing the media rounds … You could have been listening to this episode of EMQs early and ad-free! And not only that… join Political Currency’s KITCHEN CABINET to enjoy early and ad-free listening, access to live EMQs recordings, and exclusive Political Currency merch.Subscribe now: patreon.com/politicalcurrency or on Apple Podcasts: apple.co/politicalcurrency. Please note Kitchen Cabinet subscriptions are only available through Patreon. Technical Producer: Danny PapeProducer: Rosie Stopher and Miriam Hall Executive Producers: 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. Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.

The Starmer government’s landmark Assisted Dying bill could be in danger of collapsing, with sponsor Kim Leadbeater now proposing major changes in the final moments. Will this signal the end once and for all? Ed Balls and George Osborne clash over how Keir Starmer should best proceed. Should he pull the bill entirely? Or is it time to press on? Meanwhile, Kemi Badeoch is marking 100 days in what is arguably one of the worst jobs going in politics: Leading the opposition. She's working hard to hose down the idea of a pact with Nigel Farage and Reform that just keeps coming up. Why is she having such a hard time getting out from his shadow?And JD Vance (George’s mate, remember?) has made his first trip as Vice President across the Atlantic to join a global artificial intelligence summit in Paris. The US refused to sign the international AI declaration, and the UK followed suit - so what on earth has prompted the UK to abandon a cause that they got going in the first place?Become a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes and receive early access to EMQs.Subscribe now: patreon.com/politicalcurrencyProducers: Miriam Hall and Rosie StopherTechnical Producer: Danny PapeExecutive Producer: Ellie CliffordPolitical Currency is a Persephonica Production and is part of the Acast Creator Network. Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.

This week, Ed Balls and George Osborne take on some of the most difficult challenges facing society today. With millions of people of working age not in a job - officially called economically inactive - the pair consider the current costs to society and how to fix them. Columnist for the Times and former MP Matthew Parris asks George directly: Didn’t he see this coming with the introduction of personal independence payments? And the Office of Budget Responsibility is meant to be apolitical – but does the government of the day at least have a little sway on its forecast? And considering the size of public spending in the UK, is the Trump Administration’s Department of Government Efficiency, referred to as DOGE, even more relevant in this country?Plus, how can psychology play a greater role in politics and policy … You could have been listening to this episode of EMQs early and ad-free! And not only that… join Political Currency’s KITCHEN CABINET to enjoy early and ad-free listening, access to live EMQs recordings, and exclusive Political Currency merch.Subscribe now: patreon.com/politicalcurrencyProduction support: Caillin McDaidTechnical Producer: Danny PapeProducer: Rosie Stopher and Miriam Hall Executive Producers: 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. Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.

Keir Starmer has been in Brussels this week, meeting with European Union leaders with the view to resetting the relationship with the bloc. George Osborne and Ed Balls ask, is it making good on a campaign promise? Is it to shore up UK-EU relations as President Donald Trump runs wild with tariffs? Or, is it a perfect opportunity to lay the perfect trap for the Conservatives … Trump’s decision to slap tariffs on major US trading partners sent shock waves across the globe and sent the stockmarket into a tail spin. But he managed to outdo himself with his plans for Gaza, telling the world the US was taking it over. Ed and George look at how the first two weeks of this extraordinary Presidency is going, and how other world leaders are handling this new Trump era. And plans for a football regulator has widespread political support - so why does the Premier League remain so hostile to the idea?Become a member of POLITICAL CURRENCY GOLD 🏅 to support the podcast, enjoy ad-free listening to all our episodes and receive early access to EMQs.Subscribe now: patreon.com/politicalcurrency Producers: Caillin McDaid, Miriam Hall and Rosie StopherTechnical Producer: Danny PapeExecutive Producer: Ellie CliffordPolitical Currency is a Persephonica Production and is part of the Acast Creator Network. Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.