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Political Currency

Things Can Only Get Worse: Sunak’s Snap Election

Political Currency

Persephonica

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

4.11.5K Ratings

🗓️ 23 May 2024

⏱️ 58 minutes

🧾️ Download transcript

Summary

A snap election! Not quite George Osborne’s prediction of 14th November, Ed Balls is struggling to understand the logic that led Rishi Sunak to surprise, well, literally everybody with 4th July as the date of the next general election. Are good inflation numbers really enough to see the Conservatives to a better result than the formerly predicted disaster? George reveals Number 10’s thinking. 


As the battle is drawn, Ed and George discuss the seats to watch and the issues on the table - and of course, the ones that aren’t. And, they draw back the curtain on how Westminster will be preparing in the wake of the prime minister’s bombshell. 



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Producer: Rosie Stopher and Ned Miles

Production support: Miriam Hall

Technical Producer: Will Gibson Smith and Oliver Geraghty

Executive Producers: Dino Sofos and Ellie Clifford




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Transcript

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0:00.0

BP is working to bring more lower carbon energy to the UK, like developing offshore wind,

0:06.1

and we're keeping oil and gas flowing from the North Sea. It's and not all. That's how BP is backing Britain. Well today we're mostly in oil and gas.

0:16.0

We increased the proportion of our global annual investment that went into our lower carbon and other transition businesses from around 3% in 2019 to around 23% in

0:26.0

2023.

0:28.0

B.com slash and not all. This episode is brought to you by G.S.K.

0:35.0

We're lucky to live in a time when many of us can access medicine when we become ill,

0:38.5

but even better than recovering from being unwell is not getting ill in the first place.

0:43.2

Yes, G.S.K believes that prevention is the best medicine and that's why they've built one of the

0:48.2

broadest vaccine portfolios in the world.

0:50.6

G.S.K. say that prevention to them means pioneering new medicines to reduce HIV transmission

0:56.2

or stopping chronic conditions from progressing to more serious complications.

1:00.4

That's because preventing disease is the best possible outcome for all of us and that's why G.S.K.

1:05.6

Unites science, technology and talent to get ahead of disease together.

1:09.6

Visit gsk.com to learn more. This is political currency with Edballs and George Osborne.

1:45.5

So welcome to political currency. We're remote this week. I'm in the UK. George has been on an aeroplane to Tokyo I think. Yeah I'm in Kyoto here. What's been happening in my absence?

1:50.4

I'm really sorry to tell you but there's been some developments.

1:53.3

No, what's happened?

1:55.1

Your prediction of a November election turns out, it's happening quicker than we thought.

2:00.4

I was going to start this podcast 24 hours ago by saying thinking about this I can't

2:06.0

see how they could possibly have a conservative conference at the end of September.

2:10.4

It would be so divisive. Surely they're going to have to bring it forward the general

2:14.3

election date from November to October. But I'm afraid George, 4th of July, we're on. The election campaign

...

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