Political Currency
Political Currency
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Can the UK-France deal solve the migrant crisis in the Channel? | Political Currency Podcast

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July 10, 2025

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There was a lot of ceremony and back-patting this week as Emmanuel Macron visited the UK. But behind the smiles, thorny issues like migration and post-Brexit power dynamics are back on the table. George and Ed ask what this renewed Franco-British ‘friendship’ really means, and whether it signals a serious reset or just more political theatre.

Also this week, the pressure is piling on Rachel Reeves. With the UK’s finances looking shakier and the OBR sounding the alarm, the debate over a wealth tax refuses to go away. Can Labour stick to its fiscal rules without making tough choices?

And finally, another new political movement enters the fray. Jeremy Corbyn and Zarah Sultana are launching a new left-wing party, while Elon Musk teases his own ‘America Party’ across the Atlantic. Ed and George ask, are we entering an era of DIY politics, driven by personality more than policy?

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On the Political Currency podcast, 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. New episodes available every Thursday. Our bonus EMQs - questions episode - drops on Mondays. Find Political Currency wherever you get your podcasts.

Guests & Subjects Covered

Emmanuel MacronUK ButRachel Reeves WithCan LabourJeremy CorbynZarah SultanaElon MuskAmerica Party

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Can the UK-France deal solve the migrant crisis in the Channel? | Political Currency Podcast · Political Currency · Sentinel