Tag Archives: George Osborne

George Osborne

George Osborne

The Guardian reports:

George Osborne, the former chancellor, has said he is stepping down as an MP “for now” following his decision to take a job as editor of the Evening Standard and other lucrative roles outside the House of Commons.

Following 24 hours of speculation about his future, he told the Evening Standard he was quitting but hinted he would want to return to frontline politics in future.

“I am stepping down from the House of Commons – for now. But I will remain active in the debate about our country’s future and on the issues I care about, like the success of the ‘northern powerhouse’,” he said.

…Since becoming a backbencher, Osborne declared new employment paying £650,000 a year for one day’s work a week for fund manager BlackRock. He has earned £800,000 for 15 speaking engagements in the last year, collects a £120,000 a year stipend from a US thinktank and has a book deal on top of the £75,000 MP’s salary. He will take up his editorship in mid-May.

Almost 200,000 people had signed a petition started by one of his constituents urging him to “pick a job”.

George Osborne to stand down as MP ‘for now’ (The Guardian)

“Under this Government, Britain has moved into the top ten of the most competitive places in the world to do business.But we have to do more. Here’s how. Exports and investment First, exports. Over the last decade, our share of world exports shrank as Germany’s grew.

We sold more to Ireland than to Brazil, Russia, India and China – put together. That was the road to Britain’s economic irrelevance. We want to double our nation’s exports to one trillion pounds this decade.”

Oh.

UK Budget – Live (Telegraph