Speculation is mounting this afternoon that George Osborne has been relieved of his role as Tory party strategy chief. When asked earlier if he had given up the role the Chancellor revealed: “I only have one job“.

Guido put it to Osborne’s people that their man no longer holds the stategy role within the Conservative Party. His spokesman said: “He’s only ever had one role – Chancellor. Not signalling any change“. That explains it…

UPDATE:

A No.11 source gets in touch in regard to Osborne being in strategy meetings: “There’s nothing wrong with having a Prime Minister and Chancellor who get on and work together. The last lot could barely speak to each other and look where that got us!“