George Osborne to join Blackrock part-time

Cannot lobby government

Hannah Godfrey
clock • 1 min read

Former Chancellor of the Exchequer George Osborne is to join asset manager BlackRock on a part-time basis from next month.

He will work as a senior adviser to the group's BlackRock Investment Institute investment research arm and, in doing so, will be reunited with his former top economic adviser Rupert Harrison, who took a senior position there last year. While Osborne (pictured) will remain an MP,  he will not be allowed to lobby the UK government - although the appointment has already begun to fuel speculation about his political career in the long run. Following last year's referendum on the UK's continued membership of the European Union, new Prime Minister Theresa May replaced Osborne as Chancellor ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Hoxton Capital AUM tops £1.3bn with double IFA acquisition

Hoxton Capital AUM tops £1.3bn with double IFA acquisition

Dudley and Guildford-based IFAs purchased

Isabel Baxter
clock 17 April 2024 • 1 min read
Tatton sees AUM reach £17.6bn as advice firm numbers grow

Tatton sees AUM reach £17.6bn as advice firm numbers grow

Discretionary fund manager records net flow increase of 28% to £2.3bn

Isabel Baxter
clock 16 April 2024 • 2 min read
New online platform launches for care-related advice

New online platform launches for care-related advice

To meet Consumer Duty and vulnerability regulatory expectations

Isabel Baxter
clock 16 April 2024 • 2 min read