Here’s how much
Former Chancellor George Osborne is set to make £650,000 a year for advising the US fund manager Blackrock.
In an updated entry in the Commons register of interests, it was revealed that the MP for Tatton will be paid £162,500 each quarter and would work 48 days a year.
He has already earned close to £800,000 for speeches made to banks and other firms since leaving office in July
When it named him as an adviser to its Investment Institute in January, Blackrock said Mr Osborne would provide “perspectives on European politics and policy and Chinese economic reforms” as well as wider geo-political trends.
In a statement when he joined the role in February, Osborne said: “BlackRock wants better outcomes for pensioners and savers – and I want to help them deliver that.
“It’s a chance for me to work part-time with one of the world’s most respected firms and a major employer in Britain”.
He insisted that “a majority of my time will be devoted to being an MP, representing my constituents.”
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