George Osborne to take on advisory role at asset management firm

Written by Liam Kirkaldy on 20 January 2017 in News

The former Chancellor of the Exchequer, who is still a sitting MP, will take on the role from the start of February

George Osborne - credit: Press Association

Investment management firm Blackrock has announced former Chancellor George Osborne will become senior adviser to its investment institute.

The former Chancellor of the Exchequer, who is still a sitting MP, will take on the role from the start of February.

Stressing that he will not be involved in lobbying activity, the investment manager said Osborne brings “a unique and invaluable perspective on the issues that are shaping our world today”.


Philip Hammond to ditch George Osborne’s plans for a budget surplus by 2020

EXCLUSIVE: RBS looks to EU banking licenses amid Brexit uncertainty

Osborne will advise the firm’s investment institute on European politics and policy, Chinese economic reform and the impact of low yields and longer life expectancy on retirement planning

Blackrock says the Institute aims to help “portfolio managers become even better investors and to produce thought-provoking investment content for clients and policymakers”.

Bloomberg reports that BlackRock recruited Osborne’s former aide, Rupert Harrison, to become chief macro strategist in 2015.

Osborne was Chancellor from 2010-2016.



Related Articles

SNP urged to change course on ADT cut
5 October 2017

In June parliament voted to replace Air Passenger Duty with a new Air Departure Tax, which is expected to be substantially lower

Theresa May announces plans for energy bill cap
4 October 2017

Prime Minister used her speech to revive plans contained in the Conservative manifesto to cap prices for 12 million consumers

John McDonnell pledges to bring all PFI contracts back into public sector
26 September 2017

Speaking at the Labour conference, McDonnell said he wanted to end the “scandal” of private firms making huge profits on the back of deals to build hospitals and schools

Half of older Leave voters would accept seeing a relative lose their job for Brexit, finds YouGov
1 August 2017

 YouGov finds that 61 per cent of Leave voters believe that “significant damage to the British economy to be a price worth paying” for Brexit

Share this page