UK Finance Minister George Osborne: Biography, Activities and Interesting Facts

George Gideon Oliver Osborn (born May 23, 1971, London, England) is a member of the British Conservative Party, who in 2010 became finance minister in David Cameron's office.

short biography

Osborne George is the son of Sir Peter Peter Osborne, the 17th Baronethelor Barolette and Ballilemon in Waterford County, one of the founders of the Osborne & Little company, specializing in the fashionable design of fabrics and wallpapers.

At the age of 13, he abandoned his own name Gideon, replacing him with George (and did it officially, making a one-sided document with a seal), which he later described as a rare act of protest. Osborne studied at the London school of St. Paul and the Magdalene College of Oxford University. In 1994, he joined the Department of Conservative Studies, which for many years served as a kind of "kennel" of leading politicians. The following year, he was appointed special advisor to Douglas Hogg, the Minister of Agriculture in the conservative government.

Political career

In 1997, the conservatives lost power and elected a new leader, William Hague, who appointed the young conservative as his political secretary. George Osborne was elected to parliament in 2001 and immediately became a rising star. Michael Howard, leader of the party from 2003 to 2005, appointed him to the shadow cabinet in 2004 and to the post of shadow finance minister in 2005. When George Cameron's friend was elected conservative leader in the same year, one of his first acts was to confirm , That Osbourne is the shadow minister of Great Britain.

George Osborne and David Cameron together began to modernize the Conservative Party, which has just lost the general election for the third consecutive time.

The course on modernization

They wanted to save the Tories from the right image and reputation of a party that does not care about public services or people with middle and lower middle income. This meant changing the Tories' long-standing ambitions to reduce taxes. Osborne promised to stick to the Labor government's plans for spending on health and education and postpone the tax cut until the country can afford it. In 2007, he allowed a reduction in inheritance taxes, but this was offset by fees from wealthy foreigners living in the UK.

Attack on Labor

When the global financial crisis erupted in 2008, Osborn led the Conservatives' attack on the Labor Party for improperly managing the finances of Britain. Many people supported his position, while others disliked the piercing youthful arrogance. After a while, Labor Prime Minister Gordon Brown and his Finance Minister Alistair Darling restored their advantage in opinion polls as the team that is best able to manage the British economy, but by spring 2009 Osborne and Cameron were again ahead, despite the fact that their position was Intentionally fuzzy (due to the uncertainty of prospects for the economy) in relation to what they will do if they come to power.

Yachtgate: Moscow's hand

In October 2008, Osborne's school and university student, financier Nathaniel Rothschild, said that Osborne George had tried to get a £ 50,000 donation from Russian aluminum tycoon Oleg Deripaska, which would be in violation of a law prohibiting politicians from accepting help from foreigners. Rothschild took Deripaska, Osborne, Peter Mendelssohn and others at a party in his villa in Corfu. The alleged donation took place on the yacht Deripaska.

The Electoral Commission received an official complaint from the Liberal Democrats and rejected the claim, saying that it did not see "any information" that was indicative of the crime. The charge was named in the press by the "Yachtgate".

George Osborne - Minister of Finance

In the 2010 general election, the politician easily won re-elections to the House of Commons, and when Cameron became prime minister at the head of the government of the conservative-liberal-democratic coalition on May 11, Osborne was appointed finance minister, making him the youngest person who ever Occupied this post for more than 120 years of its existence. Part of the agreement on the division of power, which resulted in the formation of a coalition government, was the condition for a quick drawing up of a budget cut-off plan.

In October, UK Finance Minister George Osborne presented a five-year plan for austerity, which included spending cuts of more than £ 80 million. The plan included a reduction in social security payments, a reduction in the public sector to 500,000 people, and an increase in the retirement age from 65 to 66 years.

In 2015 Osborn again easily won the parliamentary elections and was again appointed by Cameron's Minister of Finance in the new majority government. In this position George was replaced by Philip Hammond, when Teresa May became Prime Minister in July 2016.

Personal life

On April 4, 1998, Osborne married Francis Victoria Howell, the eldest daughter of Conservative politician Lord Howell. June 15, 2001 they had a boy and June 27, 2003 - a girl.

Osborn's personal fortune is estimated at 4 million pounds, a 15% stake in the company of father Osborne & Little.

Interesting Facts

Below are interesting facts that are little known about the person holding the purse of Great Britain in their hands.

In the economic climate of cutting costs and raising taxes, the chancellor has become a figure that people seem to love to hate. Few politicians could dismiss the fact that they were booed by 80,000 people at the Olympic Stadium, but Osborne was only amused.

Originally he was named Gideon Oliver (and had the school nickname of Giddy) before he changed it to George at the age of 13.

Working with John Major, Osborn was happy to elect Tony Blair as prime minister and called him "teacher." At the same time, when Ian Duncan Smith was the leader of the Tory party, Osborne called Blair "the real leader of the party".

Prior to the 2010 election, George Osborne used to disparage the leader of the Liberal Democrats, Nick Clegg - in part because Clegg refused to accept the dinner invitation from him and David Cameron. He also considered Clegga "politically ignorant," but later "had to reconsider this point of view during the general election campaign."

George Osborne hated Gordon Brown. In his office, he called it bast ** d and liked to parody in the image of a tottering monster. Brown so influenced Osborne that he behaved like an "insulted youth", mentally "captured" by a man whom he hates.

According to Osborn's biographer, if he were born ten years later and grew up in the mid-1990s, he would become a Problar Laborite, eager to draw Ed Miliband's attention to advance to a ministerial post.

George Osborne once challenged a fellow student at Oxford at the Wasabi eating contest and won it, but then suffered painful suffering.

He was an ardent admirer of Madonna.

In 2009, at a wedding, the future UK Finance Minister George Osborne played a mischievous game "hand over an ice cube" to Jerry Halliwell, a member of the Spice Gerles group.

It seems that this is not all that is hidden behind the respectable facade of the conservative politician.