POLITICS
14/12/2018 15:47 GMT

Ex-Chancellor George Osborne Has Just Landed His Ninth Job Since Leaving Government

It's a jobs miracle, alright.

George Osborne was once hailed by then-prime minister David Cameron for presiding over a “jobs miracle” while chancellor.

And despite quitting politics nearly two years ago, the architect of austerity seemingly wants to continue living up to that praise.

The man who has no trouble combining roles as editor of the London Evening Standard and chairman of the Northern Powerhouse Partnership has now taken on his NINTH job since leaving government – joining his brother Theo’s Silicon Valley venture capital firm, 9Yards Capital.

Perhaps he was worried about holes in his CV following his unceremonious sacking by Theresa May in 2016.

Or maybe he just couldn’t handle former coalition partner and ex-deputy prime minister Nick Clegg hogging the Bay Area limelight with his recent move to Facebook.

Or could he have wanted to top up his £650,000-a-year salary for advising BlackRock, the world’s largest asset manager?

The Guardian
George Osborne edits London's Evening Standard newspaper alongside his eight other jobs

His new gig as an adviser to the San Francisco-based firm, as reported by the Financial Times, is his third job in the US – alongside roles as a visiting fellow at the Hoover Institution and a dean’s fellow at Stanford Business School.

The former MP for Tatton in Cheshire is also an honorary professor of economics at the University of Manchester and an adviser to Exor, an Italian holding company that is controlled by the Agnelli family and which owns stakes in Juventus football club and car-makers Ferrari and Fiat.

A jobs miracle, indeed.