Tag Archives: Conflict of Interest

George Osborne needs how many jobs to make ends meet?

George ‘Six Jobs’ Osborne

If George Osborne needs six jobs to survive, what hope the rest of us? Clearly, it’s not “the immigrants taking all out jobs” – it’s greedy George! The architect of UK austerity as Chancellor of the Exchequer forced government cuts of 20% or more per department, but he can’t make do on less than a million a year himself. 

George 6-jobs Osborne will now be representing his constituency for £75k, public speaking for probably £80k an hour, earning £650k for a day a week at financial firm Blackrock, editing the Evening Standard 4 days a week for £200k. From someone who managed austerity for the rest of us, clearly, he is struggling to manage.

Yet, he doesn’t need any of the jobs, with an estimated personal fortune of over £4.3 million, as beneficiary of a trust fund with a 15% stake in Osborne & Little, the wallpaper-and-fabrics company co-founded by his father, Sir Peter Osborne.

In George Osborne, “We’re all in this together” is the most hollow hypocritical statement from a Tory yet.

Public Speaking Profile

According to the Washington Speakers Bureau George is:

“A principled leader who… offers a unique perspective on fiscal and monetary policy… George Osborne cut government spending, cut business taxes and reduced regulation…  As a member of Parliament, he has championed the social change and progress that has led to a period of strong economic growth in Britain.”

“Unique”, indeed, with such poor Parliamentary regulation that he is able to take in an MP’s salary whilst moonlighting on 5 other jobs. “Social change”, my arse, upwardly mobile earnings for the already at the top of the tree 1%. “Principled”?

Criticism, Petition & Investigation

Osborne has come under well-deserved fire for allegedly breaking the post-ministerial employment rules of the Advisory Committee on Business Appointments (ACOBA) for accepting the position of Editor of the Evening Standard, not to mention the other jobs. 

A petition is fast approaching 200,000 signatures calling for him to “pick a job”.

Conflict of Interest

Westminster is an expensive game and in the past only the wealthy could afford to be MPs. If MPs held jobs perhaps 1 day a week that kept them in touch with the real world, that would be one thing, or as Green Party suggested MP job shares. Holding multiple jobs, however, several of which in finance or the media would whiff of undue influence and conflicts of interest, there is absolutely no justification.

How can he now speak on matters of press regulation in Parliament?

More importantly, what do the public think of this? I was on a TalkRADIO phone in discussion and 85% of responders said that they thought he shouldn’t have a second job let alone a sixth job!

Millionaire jobs George

Whilst the hours and days he is set to offer his various employers would leave little time for even Thatcher’s 4 hours a night sleep, it’s the salaries that do add up. Over a £1 million a year across the jobs quite apart from his substantial private money, trusts and investments income.

“We’re all in this together”

George Osborne used this phrase in 2009 and 2012 saying that austerity would require sacrifices from everyone, speaking of values and intent. He actually said, repeatedly, that the better-off must take their share of the pain. Where are George’s pain and sacrifice, where are his values? What value for money does he offer his constituents and taxpayers? Time to go, again, George Osborne. “You’re fired”.