EMQs: Could David Miliband have defeated the Tories in 2015?
Political Currency
Persephonica
4.1 • 1.5K Ratings
🗓️ 1 September 2025
⏱️ 58 minutes
🧾️ Download transcript
Summary
What if the great 'what if' moments of recent British history had turned out differently? Ed Balls and George Osborne dive into the political sliding doors that could have rewritten the last three decades. They debate whether Margaret Thatcher would have won the 1992 election if she hadn't been ousted, and how her legacy would have been transformed.
Ed gives a behind-the-scenes account of the Blair-Brown transition and the so-called 'Curry House Plot', considering how Labour would have handled the 2008 financial crisis with Tony Blair still in No. 10. Then, the pair explore the huge question of whether Britain joining the Euro would have prevented Brexit, or simply led to a catastrophic economic crash.
Plus, George reveals why he jumped for joy when Ed Miliband beat his brother David for the Labour leadership, and they discuss whether the result of that contest sealed Labour's fate in 2015.
To get episodes early and ad-free, join Political Currency Gold or the Kitchen Cabinet:
👉 patreon.com/politicalcurrency
👉 Apple Podcasts
Please note: Kitchen Cabinet is only available via Patreon.
Credits:
Producer: Miriam Hall
Senior Producer: Silvia Maresca
Video Editor: Maha Albadrawi
Executive Producer: 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.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This episode is sponsored by Sage and their AI productivity assistant Sage co-pilot. |
| 0:06.2 | Running a business takes constant evolution and Sage has been helping British businesses do that for over 40 years. |
| 0:13.4 | Yes and according to Sage, their AI is designed to cut through the noise. No gimmits, no distractions, |
| 0:18.9 | just the tools business owners need to keep things running smoothly. |
| 0:22.1 | So whether it's filing VAT returns, chasing late invoices or flagging rising costs, |
| 0:27.3 | SAGE co-pilot brings real insight and includes HMRC know-how to help avoid mistakes and hit every tax deadline. |
| 0:35.4 | That's why SAGE's promise of authentic intelligence will resonate with |
| 0:38.7 | small businesses across the country. It's AI built where there were 40 years supporting UK |
| 0:43.5 | businesses understanding their real needs, so you can stay focused on the really important jobs. |
| 0:49.5 | Sage also developed an AI trust label, giving users transparency on how the technology works, how |
| 0:54.8 | data is managed, and what protections are in place. So if you're a business owner looking to make |
| 0:59.6 | better, faster decisions, search SAGE AI to find out how you can transform your business. |
| 1:06.6 | This episode is sponsored by Spec Savers. Over our political careers, we've mastered the art of selective hearing, but we do know it's important to make sure our ears and hearing are working well. Now, many people might not realize that Speck Savers aren't just about eyesight. They're also trusted hearing experts as well. And we know how important hearing is, don't we? I mean, in the House of Commons, I think what people don't realize, even if you watch it on television or listen to it on the radio, is just how noisy it is |
| 1:32.2 | and how if you're standing there giving a speech, standing at that dispatch box, you've got to be |
| 1:37.4 | able to hear the individual interventions, the sledging, ed balls on the other side of the chamber |
| 1:42.4 | being incredibly annoying. You've got to have your razor-sharp hearing on as well as your eyesight. That's true. And you do need to make sure that your hearing is clear, so it's important to get a hearing check. Spec savers have been helping people with their ears for the last two decades. So when you're thinking about your regular eye checks for yourselves and your loved ones, don't forget about your ears too. |
| 2:01.7 | Book a free hearing check with Speck Savers today. |
| 2:04.8 | The Chancellor of the Exchequer. |
| 2:06.9 | Getting a lesson from the Shadow Chancellor in how to balance the books, |
| 2:09.8 | it's like getting a lesson from Dracula and how to look after a blood back. |
| 2:13.4 | It balls. |
| 2:14.8 | As steady as she goes, budget. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Persephonica, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Persephonica and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

