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Political Currency

Inside the China spy crisis shaking Starmer’s government

Political Currency

Persephonica

Politics, News, Economy, Westminster, Business, George Osborne, Ed Balls, Money

4.11.5K Ratings

🗓️ 16 October 2025

⏱️ 79 minutes

🧾️ Download transcript

Summary

Has the collapse of the China spy trial permanently damaged the Prime Minister? Ed Balls and George Osborne discuss how the ongoing saga of who knew what and when is causing untold damage to the Government.


And as Donald Trump declares ‘a new dawn’ in the Middle East, with the ceasefire appearing to be holding in Gaza, the pair debate if the US President should get the Nobel peace prize and whether the UK government is ‘delusional’ in thinking they had a hand in the process…


Plus, with the larger parties not getting a look-in, will the Sennedd by-election in Wales next week be the beginning of the political earthquake that shakes the UK? Prompted by ITV Wales’ National Correspondent Rob Osborne, Ed and George look at why Wales is often overlooked when it comes to nation-wide coverage and scrutiny. 


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Credits:

Producer: Ellie Jay

Senior Producer: Silvia Maresca

Video Editor: Maha Al-Badrawi

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

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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.

1:06.7

This episode of Political Covency is sponsored by Indeed. Okay, so Ed, Indeed is a trusted platform which connects people with jobs that are right for them.

1:15.9

What they do is interesting to me as we get so many questions in from listeners of the podcast

1:20.1

about the challenges of finding a job that's right for you, whether it's in politics, business or whatever else you're passionate about.

1:26.6

I know, and speaking to people about the hiring process, one thing I've always found really quite bizarre is the lack of transparency around salary. Often the salary is never listed. You're sat in the interview and almost feel rude having to ask what the job pays. It's a crazy situation to put candidates in and there's got to be a better way. It's like an odd unwritten rule, isn't it? Well,

1:44.6

indeed agree with you, Ed. They think there's a better way to go about things. Indeed believe

1:49.7

salary transparency helps everyone from employers hiring to the candidates applying. It saves time.

1:55.6

It builds trust and creates fairer, more productive workplaces. That's good. So what are they

2:00.3

actually doing about it? Well, on Indeed workplaces. That's good. So what are they actually doing about it?

2:01.7

Well, on Indeed, candidates can set salary expectations. They can filter roles by salary

2:06.8

and they get matched with opportunities that align. Your Indeed profile helps you showcase

...

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