Former chancellor's nice big earner


Former chancellor George Osborne has been busy on the lucrative speaker’s tour since being sacked as chancellor. And he’s picked up a nice big earner from a financial services group.


The latest Register of Member’s Interests shows Osborne has picked up over £786,000 for 14 speeches. As the speeches were made mainly abroad he was paid travel and accommodation costs on top — as well as being wined and dined of course. At any one speech he spent no more than 3.5 hours, according to his declarations. 


Ever generous Osborne passed £15,081 received for one speech to a Tatton constituency-based charity.


And there is more big money to come. From 1 February 2017, he became an adviser on the global economy to The BlackRock Investment Institute. This post will pay £162,500 a quarter — £650,000 a year — in return for a commitment of 12 days a quarter. He also expects to receive a share stake in BlackRock in the future.


www.publications.parliament.uk/pa/cm/cmregmem/170306/170306.pdf