Political Currency
Political Currency
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The new power players in Downing Street: Who are they? | Political Currency Podcast

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September 5, 2025

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It was the reshuffle before the reshuffle. George Osborne and Ed Balls dive deep into the key appointments inside Number 10 that signalled bigger changes were coming. They analyse the hiring of New Labour veteran Tim Allen as the new communications chief, questioning whether a comms supremo can solve the problem if the government doesn't have a compelling message to sell in the first place.

They also welcome the arrival of economic heavyweights like Minouche Shafiq and Dan Yorke Smith into the Prime Minister's inner circle. But the biggest questions surround the brand-new, powerful, and risky role for Darren Jones as Chief Secretary to the Prime Minister. Is he the new Oliver Letwin, a fixer with the PM's full authority, or has he been set up for a fall in a poorly defined job?

NOTE: This episode was recorded just before Keir Starmer's major cabinet reshuffle. It provides the essential analysis of the crucial first step: the complete overhaul of his Number 10 Downing Street team.

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Credits:

Producer: Jarek Zaba

Senior Producer: Silvia Maresca

Assistant Producer: Miriam Hall

Video Editor: Oliver Geraghty

Executive Producer: Ellie Clifford

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

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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

George OsborneEd BallsNew LabourTim AllenMinouche ShafiqDan Yorke SmithPrime Minister'sDarren Jones

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