BlackRock to pay George Osborne £650,000 for advisory role

City speeches earned him £800,000

Daniel Flynn
clock • 1 min read

Former UK chancellor George Osborne will be paid £650,000 a year for working four days a month in his senior adviser role at BlackRock.

Osborne's (pictured) earnings were revealed in the latest register of MPs' interests, with his new earnings coming in at around eight times the amount he will earn in his political role, according to The Guardian. Osborne told the BBC in January this year that he would join BlackRock's investment research arm as a senior adviser, although the role means he will not be allowed to lobby the UK government. Osborne, who was Chancellor up until July last year, will also be eligible for share rewards. He has also made 15 speeches to Wall Street and City financial institutions since July,...

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