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George Osborne

(155 Posts)
daphnedill Fri 17-Mar-17 12:13:00

Apparently George Osborne has a new job as editor of the London Evening Standard, in addition to his £600,000pa job as a fund manager adviser. He says he's going to stay on as an MP.

Where's the man in a white suit? It seems that, with Neil Hamilton as ex-MP, Tatton doesn't have the best of luck with its MPs.

Isn't it a bit greedy to have three jobs when some people can't even find one? hmm

durhamjen Sun 19-Mar-17 18:16:57

I suppose if May calls an early election, that will get rid of his problem, won't it? His pay as an MP must be the least of all his jobs. He doesn't get paid for Northern Powerhouse job, but he'll give that up as well. How can he do that and represent London?

durhamjen Sun 19-Mar-17 18:14:14

Also Tatton will probably disappear when the boundaries are changed.
Can't imagine the residents being pleased to have a part time MP until 2020, though.

whitewave Sun 19-Mar-17 17:31:56

Yes I heard that dj wonder which he'll opt for, my bet would be the editorship. He can serve revenge so much better from that post rather than the back benches.

durhamjen Sun 19-Mar-17 17:28:30

It sounds like the commons are going to have to change the rules because they did not envisage anything like this. The committee on standards does not see how being an editor can be classed as a second job.

rosesarered Sun 19-Mar-17 17:25:51

It sounds as if you know him well ww hmm

durhamjen Sun 19-Mar-17 16:44:13

W11, I read that he was the only one who applied. He asked Lebedev for the job before it was advertised.
I have also read that he has broken the law by taking the job without asking for permission from the parliamentary committee that grants permission.

Michael Gove "welcomes high-quality recruits to the world of journalism".

whitewave Sun 19-Mar-17 16:37:05

Much more likely to attack May. Osborne never forgives a slight, and he likes to serve revenge cold.

Penstemmon Sun 19-Mar-17 16:34:50

Could it possibly be that this is a route to attack the Mayor of London and undermine him without it appearing 'political'? Or am I being too cynical?

I always thought Osborne was a self seeking,arrogant snob. Now I have to add greedy to the list. i must stop sitting on the fence with my opinions! grin

durhamjen Sun 19-Mar-17 15:36:07

The Evening Standard relies on advertising to keep going. I imagine Osborne and Little will advertise in it all the time from now on.

JessM Sun 19-Mar-17 15:04:16

I think he's published his own tax return. However the finances of the family business are interesting.
While jobs were cut, the directors kept paying themselves...
www.theguardian.com/business/2011/dec/22/george-osborne-family-business-losses
And a few years later, it appears that creative but legal accounting practices allow business to keep paying the owners, while avoiding paying corporation tax.
www.independent.co.uk/news/uk/politics/george-osborne-receives-dividend-payment-from-family-business-that-pays-no-corporation-tax-a6873151.html

W11girl Sun 19-Mar-17 14:38:30

What galls me is that the media industry is a "cut-throat" business (my son was an editor on a national magazine so I know what the business is like). I cant help thinking of existing experienced employees who work on the Evening Standard, who may have applied for the positon by appliction form, and did not get it.

Madmeg Sun 19-Mar-17 01:21:27

I have no objection to MPs keeping their hand in with their previous careers, as the job of MP is always uncertain. Nor a problem with them looking to the future.

We must also consider that a salary of £75k might seem enormous to most of us, but there are many who don't regard it as much at all - in particular those who expect people to live on much less than that.

I don't have a problem either with the amount of time he spends on his MPs work. Tatton is a relatively affluent constituency and I don't imagine that his case load is particularly onerous compared to some, so he will have spare time to devote to other things. But FIVE other jobs is a tad insulting to all those people who would be happy with one.

What I can't get to grips with is WHY these various organisations want someone like him anyway. What does he know about publishing? What does he even know about finances - he isn't even an accountant?

Ginny42 Sat 18-Mar-17 21:30:14

Paddyann, I think the surgeon's situation is entirely different from GO's 6 jobs. As I understand what you say, she has to keep her qualifications up to date in order to be able to practise. Should she not be elected again/she decides to return to her career at some stage, that is essential. I think GO is just greedy and pushing the boundaries of greed and power to new levels.

It is particularly galling on many levels as you say isn't it? I know some MPs who are lawyers still take some cases on, but to hold 5 positions plus the MP role is greed when he's already a millionaire. He should resign his seat at Tatton, although he's not going to have it much longer anyway.

As editor of the ES he'll be championing London; so much for his commitment to the northern powerhouse. Remember when referring to that he said that he would remain as an MP to “fight for the things I care about”.

daphnedill Sat 18-Mar-17 21:28:20

Paddyann* I think the clue is in "slated *in the media*". I don't think there are any rules about second jobs, as long as they are declared and there is no conflict in interest.

Osborne has to be up to something. He can't possibly do all these jobs well and I don't believe for one moment that he needs the extra income.

Lebedev is no fool and he must have hired Osborne for a reason. Lebedev isn't interested in running newspapers as charities, which is why he closed down the print edition of the Independent and sold The i. The Evening Standard is profitable and he will expect it to remain so. Lebedev allows his papers to have different editorial stances, so it will be interesting to see what he allows Osborne to do.

newnanny Sat 18-Mar-17 21:12:20

Well he might have six jobs but there is no evidence he is good at any of them. He cannot be properly serving his constitutes if he has time to do 5 other jobs as well.

paddyann Sat 18-Mar-17 20:45:16

as I said in the other thread that was deleted ,last christmas an SNP MP worked over the christmas recess at her previous job as a sugeon ,she reasoned she needed to do the work to keep her quailifcations up to date ...she was SLATED IN THE MEDIA FOR TAKING £500 A DAY doing a job in a hospital that was short staffed and performing operations that would otherwise need to be rescheduled .So is this one rule for our MP's and another for everyone else ? I dont think any MP should have a second job ,they shouldn't need it with the wages and expenses they claim.I dont have wealth envy so thats not my issue ,its how can they give the attention needed to being an MP it needs while working other jobs ? Answers on a postcard to George Osborne ,he thinks he can do it all

Ginny42 Sat 18-Mar-17 20:45:02

38degrees petition asking GO to 'pick a job' had 121,858 signatures a few moments ago.

daphnedill Sat 18-Mar-17 20:27:40

Natalie Rowe's story actually broke in 2005. Osborne commented on it at the time. www.telegraph.co.uk/news/uknews/phone-hacking/8757740/Phone-hacking-Andy-Coulson-helped-spin-story-of-George-Osborne-and-dominatrix.html

joannewton46 Sat 18-Mar-17 20:26:18

Being an MP should be a full-time job. I know my MP often replies that he can't be in the House when I ask him to support something cos he's busy doing something else MP-sy. OK doctors and lawyers need to keep their professional qualifications up-to-date (professional requirement) but otherwise being an MP should be it.
Aside from the question of being impartial as a newspaper editor AND as an MP, how is he qualified for this press job? Do we tell our young people that being qualified for a particular job isn't needed any more?
What a pity there's no "conflict of interest" assessment for individuals in this position.
As for the fund manager adviser role - again how can he maintain a neutral view as an MP on tax etc and do this?
I won't even get into how much he will be paid for all this - notice I didn't say "earn". The words greedy and git come to mind. At least Maceroon walked away from Parliament before he started pulling in £000s for speches etc.
As an example of the new "Tory party is a caring party" story - enough said. I think I need to sit in a cold bath to cool my boiling blood.

nannieann Sat 18-Mar-17 19:32:46

Well, as he most definitely doesn't need the money, he must be doing it for the power and influence it wields, and because he's arrogant enough to believe he's capable of doing both jobs. He isn't. He's a discredited ex-chancellor who fowled up the economy and told a lot of lies running up to the Brexit referendum. Also, don't you require a certain amount of integrity to be a newspaper editor. It's his constituents I feel sorry for - an MP with split allegiances and little time for them.

petra Sat 18-Mar-17 19:28:01

If you have time to spare, watch a video by Natalie Rowe or buy her book 'Whipping up a storm' The clue is in the title.
If you watch the video try and stay with it until it gets to the part concerning Andy Coulson, very illuminating.
This book has been in print for over 2 years and people are wondering why she hasn't been arrested for slander. Draw your own conclusions.

hulahoop Sat 18-Mar-17 17:54:09

Zi am not wealth envious it just annoys me when people are getting paid vast amounts of money while some are struggling and using food banks . I know it as always been like this but it still doesn't make it right I am ok myself through working and saving but see plenty what are struggling on minimum wages and zero hours it all should be more even but never will be unfortunately . I do appreciate some MPs work hard for their constituents but many don't .

lovebeigecardigans1955 Sat 18-Mar-17 16:12:02

It's a different world for these rich people, isn't it?
I had three jobs once - I cleaned in a pub, an office and a distribution centre, ha bloody ha.
Obviously I went to the wrong school!

JessM Sat 18-Mar-17 16:04:50

Wealth - extreme wealth - is a political issue. The press is dominated by a small group of billionaires, some of which have a long history of trying to influence UK politics. I'm sure you will all remember "the Sun what won it" when Kinnock lost to Thatcher by a just a few hundred votes across the country.
Since then Murdoch and others have sought to influence PMs from both sides of the house.
In recent years, papers owned by these billionaires have peddled hate and division. Hatred for foreigners and poor people (aka scroungers). And of course the EU itself. A convenient way of deflecting our population from the fact that the extremely rich are getting richer and richer while the poorest are getting poorer. And even the moderately poor are suffering from stagnant wages with fewer and fewer secure jobs available.
The government these press barons support are undermining the things that most people value about this country - the NHS and a good, free education system.
The extremely rich only seek to get richer and richer. They value power because they can wield it to further their wealth accumulation.
Osborne has been a puppet in their games, implementing austerity, which is biting deeper every year. He is now getting his reward. Arrogance comes with the territory.

daphnedill Sat 18-Mar-17 15:26:39

£72,210

www.theguardian.com/politics/2016/apr/11/george-osborne-tax-return-reveals-198000-income