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Political Currency

Is Rachel Reeves risking her reset moment?

Political Currency

Persephonica

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

4855 Ratings

🗓️ 20 March 2025

⏱️ 60 minutes

🧾️ Download transcript

Summary

They may have both been leading Brexiteers but Dominic Cummings and Nigel Farage were once fierce rivals, vying to be the top campaign of the referendum. As recently as last year Cummings accused Farage of ‘surrounding himself with useless characters’ – so why are we now hearing of a secret meeting between the two before Christmas? Ed Balls and George Osborne pick apart the significance of this rendezvous at a time when Reform are contending with a senior bust up, as well as an imminent by-election in Runcorn where polling has them out in front. 


In a week where Diane Abbott and Andy Burnham backed Ed’s criticisms of the government’s welfare reform, Liz Kendall has been in the Commons to announce further detail of Labour’s plan. And they reflect on what options Chancellor Rachel Reeves will have in her Spring Statement (or mini-budget) next week. Can she create a reset moment?


Plus, in London this week was the new Canadian Prime Minister Mark Carney. With rumours swirling about an imminent Canadian election, George and Ed debate the merits of calling a vote early into your premiership, reminiscing about the examples of Gordon Brown’s ‘the election that never was’ and Theresa May’s disastrous loss of a majority in 2017. 


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Technical Producer: Daniel Pape

Producer: Miriam Hall and Jarek Żaba

Executive Producers: Ellie Clifford 


Political Currency is a Persephonica Production and is part of the Acast Creator Network. 


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Transcript

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0:00.0

This podcast is brought to you by Spec Savers Home Visits.

0:03.2

You know, politics might divide us, but good vision is something we can all agree on,

0:07.7

particularly when it comes to taking care of loved ones.

0:10.1

Absolutely, especially as not everyone can get out and about easily,

0:13.5

which is why services like Spec Savers' home visits are so important.

0:17.4

If you or someone you know are unable to leave home unaccompanied due to a physical

0:21.0

or mental illness or disability, Spec Savers' home visits can come to you. And you can easily

0:26.1

find out if you or your loved one is eligible for a home visit online. That is such a great

0:30.8

initiative. You often think of needing to call out the doctor to come visit at home for you

0:35.6

or a loved one, but, an optician visit, a

0:39.7

speck saver visit, could make a lot of sense. Yeah, and I can just imagine if you're homebound

0:43.8

and you don't get out very much, you just don't go to the optician perhaps for a couple of years

0:48.7

and your eyesight deteriorates. So it's absolutely brilliant, isn't it, that Spec Savers have these home visits? At-home eyetests are just like the ones in store, with a few tweaks to make them home-friendly.

0:58.5

The expert opticians are great at working with different needs, so you or your loved one will get the same top-quality care.

1:04.5

If you're unsure whether you or someone you care for, qualifies for a free NHS-funded iTester home, visit their eligibility page online to check.

1:13.0

Search Spec Savers Home Visits. Geographical restrictions apply.

1:17.9

This podcast is brought to you by Lloyd's Banking Group because everyone deserves a safe place to call home.

1:24.1

But right now, around 1.5 million households across the UK are waiting for social

1:28.6

housing. Families are spending years in temporary accommodation, with some waiting 20 years and

1:32.9

entire childhood. And that has real consequences, poorer health, lower wages and fewer opportunities.

1:38.2

And that's why Lloyd's Banking Group has been championing social housing for decades,

1:42.4

supporting over 340 housing associations

...

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