
Will welfare cuts be Labour’s undoing?
A ceasefire in the Russian-Ukraine war is now on the table, with US and Ukrainian officials reaching a deal to stop the fighting. With US military aid to Ukraine and intelligence sharing now reinstated, the world is now turning to Putin’s next move. Will the Russian president agree to peace? George Osborne and Ed Balls consider the monumental shifts in the way the years-long conflict is now being viewed. And at what price?
Meanwhile on both sides of the Atlantic, leaders are getting to grips with the trade war being waged by President Trump, with the latest to consider their approach being incoming Canadian Prime Minister Mark Carney. After discussing Trump's dismissal of the stock markets, Ed and George discuss the merits of Carney's firebrand response to US tariffs, comparing it to Keir Starmer's more moderate approach.
Back at home, Starmer’s government is already under fire as rumours spread over possible welfare reform ahead of the Spring Statement. Will this be the undoing of a party that has stood so squarely against very similar suggestions when in opposition?
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Producers: Miriam Hall, Jarek Zaba and Rosie Stopher
Technical Producer: Danny Pape
Executive Producer: Ellie Clifford
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Political Currency
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.
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Political Currency is a Persephonica production.
Subscribe now on PatreonHosted on Acast. See acast.com/privacy for more information.