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George Osborne

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George Osborne

George Gideon Oliver Osborne CH PC (born 23 May 1971) is a former British politician and newspaper editor.

Osborne was the Chancellor of the Exchequer from 2010 to 2016 in the David Cameron government. He was the Conservative Party Member of Parliament for the Tatton constituency in the House of Commons of the United Kingdom. He was an MP from 2001 to 2017.

George Osborne was born in Paddington, London, England and was educated at the University of Oxford. He became an MP in 2001 and entered the shadow cabinet in 2004. In 2005, Osborne was made the Shadow Chancellor of the Exchequer by Michael Howard and held this post when David Cameron became leader of the Conservative Party.

Osborne became Chancellor of the Exchequer on 11 May 2010 and outlined £6.2 billion worth of cuts to help reduce the budget deficit. He left office on 13 July 2016 when Theresa May became Prime Minister. He was replaced by Philip Hammond. In April 2017 he said he would not stand in the 2017 general election.[1] He was made a Companion of Honour in the 2016 Prime Minister's Resignation Honours.[2] He was editor of the Evening Standard from 2017 to 2020.

Osborne is part of the old Anglo-Irish aristocracy, known in Ireland as the Ascendancy. He is the heir to the Osborne baronetcy (of Ballentaylor, in County Tipperary, and Ballylemon, in County Waterford).[3][4]

Revelation[change | change source]

Private Eye wrote about the relationship between Osborne and Evening Standard owner Evgeny Lebedev. Russian oligarch Lebedev appointed Osborne as editor. The Evening Standard is now called The Standard.

During Osborne's time as Chancellor of the Exchequer he regularly pledged Treasury money to Standard charitable campaigns. In September 2015, the newspaper ranked Osborne in joint-first place on its annual 'Progress 1000' list of the most influential people in London. It also said that, as Chancellor, Osborne failed to tackle the advantageous tax status for so-called "non-doms" (foreign wealthy people). Lebedev's paper strongly supported the Conservative Party in the 2015 general election and the Conservatives' candidate Zac Goldsmith in the 2016 London mayoral election.[5]

References[change | change source]

  1. "George Osborne to quit as MP for Tatton at election". BBC News. 19 April 2017. Retrieved 19 April 2017.
  2. "Osborne tops ex-PM's honours list". 2016-08-04. Retrieved 2019-05-20.
  3. "George Osbourne and the Hoares: Top Tory who wants to look after our money puts his in haven for super-rich". The Mirror. 4 October 2009. Retrieved 6 October 2009.
  4. "George Osborne and William Hague". Evening Standard. Archived from the original on 6 June 2011. Retrieved 10 May 2010.
  5. Weaver, Matthew; Waterson, Jim (12 June 2020). "Emily Sheffield succeeds George Osborne as Evening Standard editor". The Guardian. Archived from the original on 12 June 2020. Retrieved 12 June 2020.