NEWS

George Osborne Earns Nearly £1m From Speeches Made Since Losing Cabinet Job

MP set to earn £150,000 for three speeches delivered last month.

15/04/2017 14:28

George Osborne is closing in on earning £1 million for making speeches since being sacked as chancellor.

His latest entry on the MPs’ register of interests showed he is set to be paid more than £150,000 for three speeches delivered last month.

He had already declared expected earnings of £786,450 for a series of speeches since losing his Cabinet job when Theresa May took office.

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George Osborne is closing in on earning £1 million for making speeches since being sacked as chancellor

The latest update shows he is set to receive a payment of £51,842 for a speech to the New York University in Abu Dhabi, on March 4.

A further £51,754 is expected from the Hungarian Central Bank for two speeches, on March 1 and 2, while £51,540 is expected from Insight Investment for a speech on March 17.

The latest updates take his earnings from speeches up to £941,586.

As well as the speech income, Mr Osborne is set to earn £650,000 a year working as an adviser to the US asset management fund the BlackRock Investment Institute.

The register shows Osborne expects to be paid £162,500 a quarter for 12 days working as an “adviser on the global economy”.

He will be paid £120,000 this year to be a Kissinger Fellow at the McCain Institute in Washington DC.

Osborne is yet to take up his most eye-catching appointment, as editor of the London Evening Standard, so details of his earnings from the role have not been entered in the register.

Despite his other interests he has vowed to continue as MP for Tatton - a job which pays £74,000.

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