Nine jobs George: Osborne adds new role at venture capital firm

From The Guardian: George Osborne has added a ninth job to his already bulging portfolio, joining his brother’s Silicon Valley venture capital fund.

The former chancellor and current editor of London’s Evening Standard newspaper has been appointed as an adviser to 9Yards Capital.

Osborne’s brother, Theo, is a founding partner at the firm, which is based in the San Francisco Bay area. It specialises in “multi-stage venture capital” and “long-term, patient and strategic capital”.

Osborne has taken on a host of jobs since leaving parliament in May 2017, after declining to stand again as an MP in the general election. Theresa May sacked him as chancellor after she was appointed Conservative party leader following the EU referendum in 2016.

Alongside editing the Evening Standard since March 2017, Osborne is also an adviser to the world’s largest investment firm, Blackrock, an adviser to Exor, the Italian holding company which owns Juventus and stakes in Fiat Chrysler and Ferrari, and chair of the Northern Powerhouse Partnership, a thinktank.

Osborne has been well remunerated for his time, earning £650,000 a year for the Blackrock role, and hundreds of thousands of pounds for speeches since leaving government.

[Read full article on Guardian website…]

Polly Toynbee on George Osborne: “This man has done such harm and damage to this country”

Video from BBC Newsnight: Guardian columnist Polly Toynbee tells truths about former Tory Chancellor George Osborne, to his face, on BBC Newsnight.

MUST WATCH – Polly Toynbee attacks former Chancellor George Osborne over his treatment of the poorest people in the country. Full discussion here:

Posted by BBC Newsnight on Wednesday, October 31, 2018