George Osborne makes £500,000 from nine speeches in 52 days

Written by David Singleton on 8 December 2016 in Diary
Diary

Ed Miliband and Iain Duncan Smith can’t charge quite as much.

George Osborne has now banked more than £500,000 for speeches he has made since being sacked by Theresa May.

The former chancellor earned £187,630 in November for speeches to American financiers including investment giants Black Rock, according to new figures published by parliamentary authorities.

Also in November, he was paid £85,396 for two speeches to Citi bank in London.

It comes on top of the £320,000 that Osborne charged for his speeches in September and October – including £80,240 from Palmex Derivatives for one speech in New York.

 

 

Osborne began planning for life after the Treasury back in August by signing up with The Washington Speakers Bureau, which represents some of the biggest political heavyweights alive today. According to the Washington Post, its list of exclusive clients “constitutes a parallel power structure of men and women who’ve led, managed and covered government”.

The parliamentary register of financial interests shows that since singing up with the prestigious agency Osborne has now banked more than £500,000. He has earned the princely sum for a total of nine speeches between 27 September and 17 November.

Since the Brexit verdict, a number of other parliamentarians have embraced speaking engagements.

They include the former cabinet minister and ardent Brexiteer Iain Duncan Smith. On 31 October, he received £2,500 from Scottish Widows Bank for a speaking engagement in Edinburgh that lasted five hours.

Meanwhile, Ed Miliband is set to pocket a fee of £801.01 from the Center for European and Mediterranean Studies in New York. The former Labour leader has earned the fee for speaking at the NYU conference on Referendums and Democratic Politics in New York in early November.

 

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