George Gideon Oliver Osborne, MP (born Gideon Oliver Osborne; 23 May 1971) is a British Conservative politician. He is the Chancellor of the Exchequer and Second Lord of the Treasury of the United Kingdom, roles to which he was appointed in May 2010. He has been the Member of Parliament for Tatton since 2001.
Osborne is one of the old Anglo-Irish aristocracy, known in Ireland as the Ascendancy. He is the heir apparent to the Osborne baronetcy (of Ballentaylor, in County Tipperary, and Ballylemon, in County Waterford). He was educated at St Paul's School, London, and Magdalen College, Oxford, before working for the Conservative Party as a researcher, special adviser, speechwriter and strategist. In 2005, he ran David Cameron's successful party-leadership campaign and was made Shadow Chancellor.
Osborne joined the Conservative Research Department in 1994 and became head of its Political Section. Between 1995 and 1997 he worked as special adviser to the Minister of Agriculture, Fisheries and Food Douglas Hogg (during the BSE crisis) and worked in the Political Office at 10 Downing Street. Between 1997 and 2001, he worked for then Conservative leader William Hague as a speechwriter and Political Secretary.
One of his first roles was to go to Blackpool and observe the October 1994 Labour Conference.
Elected as the Member of Parliament for Tatton, Cheshire, in June 2001, Osborne succeeded the Independent MP Martin Bell, who had defeated the controversial former Conservative minister Neil Hamilton at the 1997 election. In September 2004, Osborne was appointed by Michael Howard to the Shadow Cabinet as Shadow Chief Secretary to the Treasury.
During the 2010 general election campaign, Osborne was considered to have been sidelined due to his perceived unpopularity and the perception as a 'weak link' by both the Liberal Democrat and Labour strategists. Osborne was appointed Chancellor of the Exchequer on 12 May 2010 and, as per custom with Cabinet Ministers, was sworn in as a Privy Counsellor the next day.
Osborne married The Hon Frances Victoria Howell (b. 18 February 1969), author and elder daughter of the Conservative politician and Government Minister Lord Howell of Guildford, on 4 April 1998. The couple have two children, Luke Benedict, born at Westminster on 15 June 2001, and Liberty Kate, born at Westminster, London, on 27 June 2003. He has an estimated personal fortune of around £4 million, as the beneficiary of a trust fund that owns a 15 per cent stake in Osborne & Little, the wallpaper-and-fabrics company co-founded by his father, Sir Peter Osborne, Bt.
June 4, 2010