Is it risky for the Chancellor to attack Trump?
4/16/20261 hr 4 min
The Middle East conflict raged on during our Easter break and George Osborne comes back to us with news from Washington and word from friends in high places, like incoming Fed Chair Kevin Warsh. He and Ed Balls discuss the failed peace talks from George’s other mate, JD Vance, and where things go from here.
They then weigh in on the UK’s shifting tone towards the Trump administration, and why they’re becoming more critical. It’s aiding them for now, but will it come back to bite them? The ongoing defence spending dilemma also rears its head with Labour peer George Robertson openly critcising the Government. The pair predict this will come to be the biggest challenge for Rachel Reeves and the Treasury in this year’s budget.
Earlier this week the International Monetary Fund forecast that Britain would be one of the countries worst hit by the Iran war. Ed explains why he disagrees with this assessment, and how the Bank of England can avoid debilitating inflation. George cautions that Reeves is in a tough spot, and faces some unpopular choices should the IMF’s forecast come to fruition.
Finally, George sheds some light on emerging cybersecurity threats particularly Anthropic’s Mythos model. Alarms are ringing in Washington over this model, with the new threats of AI on defence and security becoming clear. George highlights the risk and opportunity inherent in these technological innovations, and they call for regulation as these models become more and more advanced.
We love hearing from you, so please don’t forget to send all your EMQs to questions@politicalcurrency and make sure to include a voice note of your question.
Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:
👉 patreon.com/politicalcurrency
Please note: Kitchen Cabinet is only available via Patreon.
Credits:
Research: Sam Burton
Production: Caillin McDaid & Nasreen Arain
Video Editor: Carla Mercer
Executive Producer: Ellie Clifford & Henrietta Harrison
Political Currency is a Persephonica Production and is part of the Acast Creator Network.
Hosted on Acast. See acast.com/privacy for more information.
Clips
Transcript preview
First 90 secondsSpeaker 00:00
A BetterHelp ad. [notification sound] Hold on. [dog barking] One second.
George Osborne· Host0:04
Mommy.
Speaker 00:05
I just need to... [notification sound] [dog barking] What if you had a room where no one interrupts, no notifications, no expectations, just space to talk? With BetterHelp, therapy happens in a space that's yours. Visit betterH-E-L-P.com/randompodcast for ten percent off your first month of online therapy.
Speaker 20:30
[notification sounds] Running a business means juggling a lot of moving parts. And when your communication tools can't keep up, things start to slip. Missed calls, slow replies, scattered conversations. They're not just frustrating, they're lost opportunities and revenue left on the table. That's where Quo comes in, spelled Q-U-O. Quo is the number one rated business phone system on G2, trusted by over ninety thousand businesses. One shared business number for calls and texts so every conversation stays visible, organized, and accountable. It works from an app or computer. You can keep your existing number, add teammates, and sync your CRM, letting you scale without adding complexity. And with built-in AI, Quo logs calls, summarizes conversations, and flags next steps, even after hours. Stop missing customers. Stop leaving revenue on the table. Try Quo free and get twenty percent off your first six months at quo.com/tech.