Osborne Making As Much as a Premier League Footballer

osborne

George Osborne might have been standing at the despatch box yesterday as Chancellor on a meagre £141,000-a-year. Instead, he’s trousered £320,000 for speeches to various bankers in the last two months alone. Pro rata that’s nearly £2 million a year, £40,000-a-week, over £5,500-a-day. More than many Premier League footballers make, and around the same salary earned by Leicester City’s champions Riyad Mahrez, Wes Morgan and Danny Drinkwater last season… 

Osborne made £70,000 speaking to the Securities Industry and Financial Markets Association in Washington, as well as nearly £30,000 for a speech at Stanford University. JP Morgan paid him £81,000 and £61,000 for two speeches in New York. Then three weeks ago Osborne was paid £80,000 by Palmex Derivatives. He could’ve been slumming it in Downing Street, instead he’s earned more in two months than the average Briton does in 12 years…




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Quote of the Day

John Curtice on fiscal policy:

“Attitudes to taxation and spending are basically counter-cyclical. If a government comes in and tries to reduce spending and taxation, after a while people will get worried about the state of public services. If a government increases taxation and public spending, after a while they’ll get concerned about increasing taxation…. In as much as there are lots of ideologues out there who think the state should be this proportion of GDP, they’re all wrong. Because the public’s view is counter-cyclical to the recent experience. It’s basically impossible to satisfy the public.”

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